NZK allotment of securities – long term incentive shares

New Zealand King Salmon ? Senior Executive LTI Scheme For the purposes of Listing Rule 7.12.1, New Zealand King Salmon Investments Limited (NZX: NZK, ASX: NZK) advises the following shares have been issued on 27 September 2018. (a) Class of Security: Ordinary Shares ISIN: NZNZKE0003S0 (b) Number issued: 95,789 shares issued to Scheme participants. (c) Nominal value:Not applicable Issue price: 17,348 shares issued to 2018 Scheme participants at $2.78 per share, 33,858 shares issued to 2017 Scheme participants at $1.95 per share and 44,583 shares issued to 2016 Scheme participants at $1.30 per share. (d) Whether payment was in cash: Yes (e) Any amount paid up: In full (f) Principal terms of the Securities: Not applicable (g) Percentage of the total Class of Securities issued: 0.069% of the total number of fully paid ordinary shares prior to this issue (h) Reason for the issue: Issue of 95,789 ordinary shares under the Senior Executive LTI Scheme for senior executives of New Zealand King Salmon Investments Limited and its subsidiaries (i) Specific authority for the issue: Board resolutions dated 26 September 2018 (j) Terms or details of the issue: On the terms set out in the Senior Executive LTI Scheme rules (k) Total number of Securities of the Class in existence after the issue: 138,571,147 (l) Treasury Stock: N/A (m) Dates of issue: 27 September 2018 Andrew Clark CFO, New Zealand King Salmon End CA:00324457 For:NZK Type:SECISSUE Time:2018-09-27 08:31:01