Issuance Units

Pursuant to Rule 4.19.1 of the Main Board Listing Rules, we are pleased to provide the following information in relation to the issue of ordinary units in the Carbon Fund: Date of issue: 21 August 2020 Class of security: Units in the Carbon Fund ISIN number: NZCO2E0005S7 Number of securities issued: 114,790 Nominal value: n/a Issue Price: NZ $1.2196 Payment Method: Cash Amount Paid Up: Fully Paid Principle Terms: n/a Percentage of total class issued: 2.03257% of total units on issue Reason for issue: Units issued pursuant to PDS Authority for the issue: Pursuant to Master Trust Deed Total number of fully paid ordinary units in existence after issue: 5,647,527 Special Terms: Nil For more information, please contact: Call: 09 967 7276 during normal business hours Email: info@saltfunds.co.nz Write to: Salt Investment Funds Limited, PO Box 106-587, Auckland, 1143 End CA:00358624 For:CO2 Type:SECISSUE Time:2020-08-25 13:37:17