TOWER LIMITED — Share Issue/Capital Change 2024

Mar 25, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

TOWER LIMITED

Date of this announcement

Tuesday March 26, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted Share Rights	2,612,452	25/03/2024
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

TOWER LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ARBN 645941028

1.3 ASX issuer code

TWR

1.4 The announcement is

New announcement

1.5 Date of this announcement

26/3/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code New class - code to be confirmed	+Security description Unlisted Share Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

25/3/2024

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Blair Turnbull	Blair Turnbull	1,155,509
Paul Johnston	Paul Johnston	462,712
Ronald Mudaliar	Ronald Mudaliar	189,641
Steven Wilson	Steven Wilson	200,521
Anna Kooperberg	Anna Kooperberg	183,051
Michelle Finch	Michelle Finch	192,204
Sharyn Reichstein	Sharyn Reichstein	228,814

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02788640-2A1513805

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.tower.co.nz/wp-content/uploads/2022/12/Long-Term-Incentive-Plan-Rules-FINAL.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

n/a

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

2,612,452

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX	379,483,987

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TWRAA : SHARE RIGHTS	1,946,557
New class - code to be confirmed : Unlisted Share Rights	2,612,452

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