Notification of Issue of Securities

NOTIFICATION OF ISSUE OF SECURITIES Auckland, New Zealand, 12 September 2018 - Fisher & Paykel Healthcare Corporation Limited (NZSX:FPH, ASX:FPH) advises that the following securities were issued pursuant to the Company's 2014 and 2015 issue of options under the Fisher & Paykel Healthcare 2003 Share Option Plan and the Company's 2015 issue of Performance Share Rights (PSRs). The issue of options and shares under the Option Plan was approved by the Board on 20 August 2014 and 27 August 2015 respectively. The issue of shares under the PSR plan was approved by the Board on 27 August 2015. (a) Class of security Ordinary shares ISIN NZFAPE0001S2 (b) Number issued 126,114 (c) Issue price Options: $4.88 (1,255 shares); $7.23 (29,549 shares) PSRs: $Nil (95,310 shares) (d) Payment terms Nil refer (g) below (e) Amount paid up In full (f) Percentage of total class issued 0.02203% (g) Reason for issue Employees cancelling options issued in August 2014 and August 2015 under the Fisher & Paykel Healthcare 2003 Share Option Plan. 58,870 options were cancelled on 12 September 2018 pursuant to the Cancellation Offer approved by shareholders at the ASM held on 12 August 2004. 30,804 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 $4.88 and $7.23). Employees exercising PSRs issued under the 2015 issue of the Fisher & Paykel Healthcare Performance Share Rights Plan. 95,310 PSRs were exercised on 12 September 2018 and 95,310 shares were issued. (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 572,673,569 (l) Date of issue 12 September 2018 This advice is given under Listing Rule 7.12.1. End CA:00323768 For:FPH Type:SECISSUE Time:2018-09-12 14:50:51