L&Q Notice: Carbon Fund (NS) (“CO2”) Units

LISTING AND QUOTATION NOTICE: NZX MAIN BOARD CARBON FUND (NS) ("CO2") UNITS Fund: Carbon Fund (NS) Issuer Code: CO2 ISIN: NZCO2E0005S7 Short Name: Carbon Fund Registered Office: Level 3, The Imperial Buildings, 44 Queen Street, Auckland Website: www.carbonfund.co.nz Telephone Number: 09 967 7276 Financial Year End: 31 March Nature of Business: The Fund's aim is to provide investors with a total return exposure to the price of carbon credits. The Fund has the ability to buy carbon credits in emissions trading schemes in New Zealand and offshore. As a result, the Fund may also provide exposure to the price of carbon offshore. Directors of the Manager: Matthew Goodson (Managing Director) and Paul Harrison (Managing Director) Details of Issue: Listing and quotation of all units issued as part of the initial offer period. Initial Offer Open Date: Tuesday, 23 October 2018 Initial Offer Close Date: Monday, 5 November 2018 Initial Issue Date: Wednesday, 7 November 2018 Initial Number of Securities to be Quoted: 1,068,500 Issue Price: $1 Supervisor: The New Zealand Guardian Trust Company Limited Manager of the Fund: Salt Investment Funds Limited Auditors: PricewaterhouseCoopers Solicitors: Kensington Swan Registrar: Link Market Services Limited ("LNKT") Settlement Status: NZCDC Settlement System Prospectus Dated: 12 October 2018 Expected Commencement of Trading on the NZX Main Board: 8 November 2018 Mark Peterson Chief Executive Officer NZX Limited 25 October 2018 End CA:00326493 For:CO2 Type:OFFER Time:2018-11-08 08:45:33