Notice pursuant to NZX Main Board Listing Rule 7.12.1

1 February 2019 Gentrack Group Limited (NZX/ASX: GTK) (Gentrack) adopted a Long Term Incentive Scheme (LTI Scheme) by Board resolution dated 27 April 2016. Gentrack advises that in accordance with Grant 1, the number of PRs eligible to vest are 119,613 and that it has granted 119,613 ordinary shares with a vesting date of 31 January 2019. The following information is supplied pursuant to NZX Main Board Listing Rule 7.12.1: Class of Security: Ordinary shares in Gentrack (Shares) ISIN: NZGTKE0002S9 Number issued: 119,613 Issue price: NIL Payment in cash: NIL Amount paid up (if not in full): Fully paid ordinary Shares Principal terms of the Securities: All shares rank equally with existing Shares Percentage of the total Class of Securities issued: 0.12% (post-allotment) Reasons for issue: Issued in connection with Gentrack's LTI Scheme Specific authority for issue: Board resolution dated 30 January 2019 Terms or details of issue: The Shares issued will be credited as fully paid, and rank in all respects equally with the ordinary shares on issue. Total number of Securities of the Class in existence after the issue: 98,644,829 Treasury stock: Not applicable Date of issue: 1 February 2019 ENDS ******* Contact: Jon Kershaw; Company Secretary +64 9 966 6090 About Gentrack Gentrack provides essential software for essential services, pairing powerful platforms with deep market knowledge to help utilities and airports lower service costs, foster innovation and confidently navigate market reform. It employs over 530 people in offices across New Zealand, Australia, the UK, Singapore, USA and Europe and services over 220 utility and airport sites in 30+ countries with its leading solutions. Gentrack Cloud is a subscription-based billing, customer information, market interaction and portfolio analytics solution for energy and water utilities in markets where flexibility, uniqueness and compliance are essential. Its meter-to-cash capabilities and managed services offering are designed to enable utilities to differentiate their businesses in competitive markets, to deliver great customer service experiences, achieve lower service costs, launch innovative products and stay compliant with market regulations. More information: www.gentrack.com Veovo is Gentrack's world-class solution for airports, enabling them to unlock operational, revenue, concession and passenger insights across the airport ecosystem. Over 115 airports globally are using Veovo to operate more efficiently, uncover new growth opportunities and deliver outstanding guest experiences. More information: www.veovo.com End CA:00330051 For:GTK Type:SECISSUE Time:2019-02-01 09:17:32