Issue of Performance Rights

20 August 2020 Issue of Performance Rights Gentrack Group Limited (NZX/ASX: GTK) (Gentrack) advises that it has issued 24,105 Performance Rights (PRs) to a senior executive for nil consideration under the Gentrack Long Term Incentive Scheme (LTI Scheme). Each PR issued for this award under the LTI Scheme gives the right to receive one ordinary share in Gentrack. The PRs will vest subject to the holder continuing to be employed by Gentrack at the end of the vesting period. The vesting period for this award is the year to 31 July 2021. In connection with the issue, Gentrack advises the following details: (a) Class of security and ISIN: Performance Rights- ISIN: N/A (b) Number of Performance Rights issued: 24,105 (c) Issue Price: NIL (d) Payment in cash: NIL (e) Amount paid up: N/A (f) Principal terms: See text above (g) Percentage of total class of securities: 1.7% (h) Reason for issue: Issued under the Gentrack LTI Scheme (i) Specific authority for issue: Directors' Resolution (j) Terms or details of issue: Issued under the Gentrack LTI Scheme (k) Total number of securities of the class after issue: 1,408,498 (l) Treasury Stock: Not applicable (m) Date of issue: 18 August 2020 (Grant Date 3 August 2020) ENDS Contact Jon Kershaw - Company Secretary +64 9 966 6090 About Gentrack Gentrack provides essential software for essential services, pairing powerful platforms with deep market knowledge to help utilities and airports lower service costs, foster innovation and confidently navigate market reform. It employs around 500 people in offices across New Zealand, Australia, the UK, Singapore, USA and Europe and services over 200 utility and airport sites globally with its leading solutions. Gentrack Cloud is a subscription-based billing, customer information, market interaction and portfolio analytics solution for energy and water utilities in markets where flexibility, uniqueness and compliance are essential. Its meter-to-cash capabilities and managed services offering are designed to enable utilities to differentiate their businesses in competitive markets, to deliver great customer service experiences, achieve lower service costs, launch innovative products and stay compliant with market regulations. More information: www.gentrack.com Veovo is Gentrack's world-class solution for airports, enabling them to unlock operational, revenue, concession and passenger insights across the airport ecosystem. Over 100 airports globally are using Veovo to operate more efficiently, uncover new growth opportunities and deliver outstanding guest experiences. More information: www.veovo.com End CA:00358327 For:GTK Type:GENERAL Time:2020-08-20 08:40:06