SPH Notice – Mark Clayton Finlay

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited and To Evolve Education Group Limited Date this disclosure made: 6 August 2018 Date last disclosure made: 5 December 2014 Date on which substantial holding ceased: 3 August 2018 Substantial product holder(s) giving disclosure Full name(s): Mark Clayton Finlay Summary of previous substantial holding Class of quoted voting products: Ordinary shares in Evolve Education Group Limited with security code EVO Summary for Mark Clayton Finlay For last disclosure,-- (a) total number held in class: 21,347,382 (b) total in class: 177,100,000 (c) total percentage held in class: 12.054% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 1,208,840 (b) total in class: 180,278,557 (c) total percentage held in class: 0.671% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: Off-market sale of 20,138,542 ordinary shares by Mark Clayton Finlay and Geoffrey Robertson Hosking as trustees of the Mark Finlay Investment No. 2 Trust on 3 August 2018 for a total sale price of NZ$13,090,052.30 (NZ$0.65 per share). Additional information Address(es) of substantial product holder(s): 41 Mahoenui Valley Road, Coatesville, 0793 Contact details: Geoff Hosking: +64 9 920 6478; geoff.hosking@ah.co.nz Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Geoffrey Robertson Hosking Disclosure has effect for purposes of directors' and senior managers' disclosure Mark Clayton Finlay is also a former senior manager of Evolve Education Group Limited. This disclosure also constitutes disclosure for the purposes of the directors' and senior managers' disclosure obligations. Certification I, Mark Clayton Finlay, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00321767 For:EVO Type:SHINTR Time:2018-08-06 16:13:42