Notification of Issue of Additional Unlisted Options

June 22, 2018 Client Market Services NZX Limited WELLINGTON By NZ MAP NZSX/NZDX - NOTICE PURSUANT TO LISTING RULE 7.12.1 For the purpose of Listing Rule 7.12.1, ikeGPS Group Limited (NZX: IKE) advises the following unlisted options have been issued to employees of IKE or its subsidiaries. a Class of Security ISIN Unlisted options N/A b Number issued 1,100,000 c Nominal value Issue price N/A Nil on issue. d Payment in Cash N/A Full payment on exercise e Amount paid up N/A f Principal terms of the Securities The options have an exercise price which is set out in the appendix The options are exercisable from 22 June 2018 until 31 March 2021 The options are no longer exercisable on the first of (i) the termination of the option holders' service or (ii) its termination in connection with a change of control in the company or (iii) after 31 March 2021. Otherwise the options have the same essential terms set out in section 8.4 of IKE's IPO Investment Statement dated 23 June 2014 g Percentage of class of securities 100% (if these options were exercised on the date of this notice, the number of ordinary shares that would be issued would constitute 1.40% of the ordinary shares then on issue). h Reason for issue Issue of unlisted options under the IKE Employee Option Scheme effective from June 2014, to retain and reward employees and to motivate such individuals to contribute to the growth and profitability of IKE i Authority for issue Board resolution 22 June 2018 j Terms of issue See principal terms above k Total both vested and unvested number of securities on issue, after issue 2,255,000 unlisted options Total ordinary shares on issue 78,450,255 l Treasury stock N/A m Date of issue 22 June 2018 Contacts: ikeGPS Glenn Milnes Chief Executive Officer Contact: +1 720-418-1936, glenn.milnes@ikegps.com APPENDIX Effective grant date First vesting date Number issued Exercise price Exercise by date 22/06/2018 22/06/2018 1,100,000 0.54 31/03/2021 End CA:00319815 For:IKE Type:SECISSUE Time:2018-06-22 12:04:51