Notification of Issue of Securities

NOTIFICATION OF ISSUE OF SECURITIES Auckland, New Zealand 13 September 2018 - Fisher & Paykel Healthcare Corporation Limited (NZSX:FPH, ASX:FPH) advises that the Board had determined to issue, with effect from today, options to acquire 670,303 ordinary shares in the Company to selected employees. The details of the issue are set out below: (a) Class of Security: Unlisted Options to acquire ordinary shares in the Company ("Options") issued under the Fisher & Paykel Healthcare 2003 Share Option Plan (the "Option Plan") and the Fisher & Paykel Healthcare (North American) 2003 Share Option Plan (the "North American Plan"). ISIN: N/A (b) Number Issued: 670,303 (c) Nominal value: Issue Price: There is no nominal value for the Options. No amount is payable for the grant of Options. The Options have an exercise price of $14.91 per share (being the volume weighted average price for a share on the NZX for the five business days prior to the grant date). (d) Payment terms: N/A (e) Amount Paid up: N/A (f) Percentage of total class issued: 670,303 Options to acquire ordinary shares represent approximately 0.11703% of the ordinary shares on issue. (g) Reason for issue: Issue of Options under the Option Plan and North American Plan to incentivise selected employees to grow the share price of the Company and to attract, motivate and retain key employees. (h) Authority for issue: Directors' resolution dated 23 August 2018. (i) Terms of Issue: The Options will be issued on the terms of the Option Plan and the North American Plan in the form approved by the Board. (j) Total number of securities after issue: 4,309,919 Options, 1,288,285 PSRs, 126,377 ESRs and 572,741,621 Ordinary Shares (l) Date of issue: 13 September 2018 This advice is given under Listing Rule 7.12.1. End CA:00323837 For:FPH Type:SECISSUE Time:2018-09-13 16:28:01