EROAD Announces 2019 Investor Day

EROAD Limited today announced that it will hold an Investor Day on 23 September 2019. The event will include presentations from our CEO as well as the broader management team, covering a range of topics including strategy, customer value proposition and growth opportunities in New Zealand, Australia and North America. Copies of the presentation material will be lodged with NZX and available on EROAD's website. About EROAD o EROAD believes every community deserves safer roads that can be sustainably funded. This is why EROAD develops technology solutions (products and services) that manage vehicle fleets, support regulatory compliance, improve driver safety and reduce the costs associated with driving. EROAD also provides valuable data analytics to universities, government agencies and others who research, trial and evaluate future transport networks. This data enables those who use the roads to influence the design, management and funding of future transport networks. o EROAD launched with the purpose of modernizing New Zealand's paper-based road user charging system. By 2009 EROAD had introduced the world's first nationwide electronic road user charging system and now around 46% of collected heavy vehicle road user charges in New Zealand are being collected using EROAD technology. By March 2019, this had delivered NZ$2.5B to NZTA for the sustainability of the NZ transport network. In the USA EROAD introduced the first electronic Weight Mile Tax service (2014) and the first independently verified Electronic Logging Device service (2017). o EROAD (ERD) is listed on the NZX, employs over 250 staff located across NZ, Australia and North America. For further information contact: Sue-Ellen Craig Director of Communications Ph +64 21 577 685 sueellen.craig@eroad.com End CA:00339203 For:ERD Type:GENERAL Time:2019-08-15 13:56:13