Initial Disclosure Notice

Initial Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(1) and 298(1), Financial Markets Conduct Act 2013 To NZX Limited; and Name of listed issuer: Vector Limited Date this disclosure made: 14-Jun-19 Date on which issuer listed or appointment made: 16-Apr-19 Director or senior manager giving disclosure Full name: Antony John Carter Name of listed issuer: Vector Limited Name of related body corporate (if applicable): N/A Position held in listed issuer: Director Summary of relevant interest (excluding specified derivatives) Class of quoted financial product: Ordinary shares (NZX:VCT) Number held in class: 10,000 Nature of relevant interest: Holding through an associated investment company Loughborough Investments Limited Current registered holder: FNZ Custodians Limited Summary of specified derivatives relevant interest (if applicable) Type of derivative: N/A Class of underlying financial products: N/A Details of derivative The notional value of the derivative (if any) or the notional amount of underlying products (if any): N/A A statement as to whether the derivative is cash settled or physically settled: N/A Maturity date of the derivative (if any): N/A Expiry date of the derivative (if any): N/A The price specified in the terms of the derivative(if any): N/A Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: N/A For that derivative,- Parties to the derivative: N/A If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: N/A Certification Signature of person authorised to sign on behalf of director or officer: Date of signature: 14-Jun-19 Name and title of authorised person: John Rodger (General Counsel) End CA:00336047 For:VCT Type:ADMIN Time:2019-06-14 12:33:28