BFW Disclosure notice – Share buyback and Cancellation

Burger Fuel Worldwide Limited (BFW) Announcement. Rule 7.11.1 NZAX Listing Rules Acquisition of securities Dated: 26th April 2019 (a) Class of Security and ISIN: Ordinary Shares NZBFWE0001S6 (b) Number acquired: 712,947 (c) Acquisition price: Approx. USD 0.25 (approx. NZ$0.37) (d) Whether payment was in cash: Yes, in cash (e) Any amount paid up: Fully paid (f) Percentage of the total Class of Securities acquired: 1.31% (g) Reason for the acquisition: Purchase of remaining shares held by Franchise Brands LLC after end of collaboration agreement. (h) Specific authority for the issue or acquisition: Board resolutions dated 21 July 2018 and Shareholders ordinary resolution dated 30 August 2018 (i) Terms or details of the acquisition: No other terms (j) Total number of Securities of the Class in existence after the acquisition: 53,670,195 (k) In the case of an acquisition of shares by an Issuer which is a company registered under the Companies Act 1993, whether those shares are to be held as Treasury Stock: No. Shares are to be cancelled effective 26th April 2019 (l) Date of acquisition: 26th April 2019 Mark Piet CFO Burger Fuel Worldwide Limited. End CA:00333726 For:BFW Type:CORPACT Time:2019-04-26 15:58:51