Notification of Issue of Securities

29 January 2019 Capital Change Notice This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of ordinary shares under the Fisher & Paykel Healthcare Australian Employee Share Purchase Scheme ('Australian Scheme'). Section 1: issuer information Name of issuer Fisher & Paykel Healthcare Corporation Limited NZX ticker code FPH Class of Financial Product Ordinary shares ISIN NZFAPE0001S2 Section 2: capital change details Number issued 3,645 Nominal value (if any) Not applicable Issue price AUD$20.55 Nature of the payment Cash payment Amount paid up (if not in full) In full Percentage of total class of Financial Products issued 0.0006% For an issue of Convertible Financial Products or Options, the principal terms of Conversion Not applicable Reason for issue and specific authority for issue Issue of shares to David Michael Boyle and Victor Riitano to be held on trust under the Australian Scheme for those Australian employees accepting an offer to participate in the scheme, in accordance with the terms of the scheme as set out in the Trust Deed dated 20 December 2001, as amended on 28 January 2005, 27 July 2009, 2 July 2012, 27 August 2015 and 11 October 2019. Total number of Financial Products of the Class after the issue (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue. 574,457,274 shares In the case of an acquisition of shares, whether those shares are to be held as treasury stock Not applicable Specific authority for the issue Directors' resolution dated 28 August 2019 Terms or details of the issue The ordinary shares rank pari passu with the existing ordinary shares Date of issue 28/01/2019 Section 3: authority for this announcement Name of person authorised to make this announcement Marcus Driller Contact phone number +64 9 574 0110 Contact email address marcus.driller@fphcare.co.nz Date of release via MAP 29 January 2019 End CA:00347688 For:FPH Type:SECISSUE Time:2020-01-29 16:40:46