Notification of Issue of Securities

NOTIFICATION OF ISSUE OF SECURITIES Auckland, New Zealand, 15 December 2017 - Fisher & Paykel Healthcare Corporation Limited (NZSX:FPH, ASX:FPH) advises that the following securities were issued pursuant to the Company's 2013 and 2014 issue of options under the Fisher & Paykel Healthcare 2003 Share Option Plan. The issue of options and shares under the Option Plan was approved by the Board on 27 August 2013 and 20 August 2014 respectively. (a) Class of security Ordinary shares ISIN NZFAPE0001S2 (b) Number issued 25,780 (c) Issue price $3.57 (25,255 shares); $4.88 (525 shares) (d) Payment terms Nil refer (g) below (e) Amount paid up In full (f) Percentage of total class issued 0.00452% (g) Reason for issue Employees cancelling options issued under the 2013 and 2014 issue of the Fisher & Paykel Healthcare 2003 Share Option Plan. 35,110 options were cancelled on 15 December 2017 pursuant to the Cancellation Offer approved by shareholders at the ASM held on 12 August 2004. 25,780 shares were issued in consideration of the cancellation of the options and are equal in value to the gain on the options (such gain being calculated based on exercise prices of $3.57 and $4.88). (h) Authority for issue Directors' resolution (i) Terms of issue The shares rank pari passu with the existing ordinary shares. (j) Total number of securities after issue 570,722,504 (l) Date of issue 15 December 2017 This advice is given under Listing Rule 7.12.1. End CA:00312007 For:FPH Type:SECISSUE Time:2017-12-15 08:32:37