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, 216,937 performance share rights to selected employees. The details of the issue are set out below: (a) Class of Security: Unlisted Performance Share Rights ("PSRs") issued under the Fisher & Paykel Healthcare Performance Share Rights Plan (the "PSR Plan"). ISIN: N/A (b) Number Issued: 216,937 (c) Nominal value: Issue Price: There is no nominal value for the PSRs. No amount is payable for the grant of PSRs. One PSR gives the participant the potential to exercise that PSR for one ordinary share at no cost. (d) Payment terms: N/A (e) Amount Paid up: N/A (f) Percentage of total class issued: 216,937 PSRs represent approximately 0.03788% of the ordinary shares on issue. (g) Reason for issue: To provide selected employees with rewards that depend on the achievement of a designated total shareholder return hurdle. (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:00323842 For:FPH Type:SECISSUE Time:2018-09-13 16:38:34