Resignation of Senior Manager at EROAD

6 June 2018 EROAD Limited advises that Chief Financial Officer Jason Dale has resigned to take up the role as Chief Financial Officer of New Zealand Steel Limited. EROAD CEO Steven Newman commented: "On behalf of the team at EROAD, I would like to thank Jason for his enormous contribution and commitment to the business." "During his time at EROAD Jason has been a valued member of the executive team. We wish him all the best for his future role." Mr Dale's resignation is effective 27 July 2018. EROAD will commence an executive search to replace Mr Dale and will provide a further update to the market in due course. For further information please contact: Steven Newman Chief Executive Officer steven.newman@eroad.com +64 9 927 4713 About EROAD EROAD modernises road charging and tax compliance and health and safety compliance for road transport by replacing paper-based systems with easy-to-use electronic systems that also improve fleet management. The company is headquartered in Auckland, New Zealand, and listed on the New Zealand Exchange (NZX). Its US business is based in Portland, Oregon, serving customers with vehicles operating in every US mainland state, growing outward in concentration from the Northwest. In 2009 EROAD introduced the world's first nationwide electronic road user charging (eRUC) system in New Zealand. More than 50% of heavy transport RUC is now collected electronically, representing a rapid transition to e-commerce on a voluntary, industry-led basis, due to the cost-savings and benefits to customers. EROAD is also a leading provider of health and safety compliance services, including vehicle management and driver behaviour and performance measures. End CA:00318998 For:ERD Type:ADMIN Time:2018-06-06 15:38:24