Truscreen Share Issue

21 May 2020 Truscreen Share Placement TRUSCREEN LIMITED Truscreen Limited advises that it has issued new shares as follows: Class of security: Ordinary Shares (TRU) 74,860,021 Price: The shares were issued for NZD 5 cents per share Payment: Cash on subscription Percentage of total class of securities issued: 32.9% (of the total number of ordinary shares post issue) Reason for the issue: Expand commercial growth and working capital Authority for issue: Director's resolution and NZX Listing Rule 4.5 Number of securities after issue: Ordinary shares 302,394,825 Unlisted options 10,677,363 TRUOA Unlisted options 9,000,000 TRUOB Option terms: TRUOA. Exercisable at 13 cents per share with expiry date of 12 July 2021 Option terms: TRUOB. Exercisable at 15 cents per share with expiry date 27 August 2022 Date of issue: 21 May 2020 For full details see Share Placement Details in attachments. Guy Robertson Chief Financial Officer End CA:00353483 For:TRU Type:SECISSUE Time:2020-05-21 15:55:24