Capital Change Notice – Issue of Options

04 September 2020 Capital Change Notice This notice is given under NZX Listing Rule 3.13.1 and relates to the unlisted Options to acquire ordinary shares in the Company ('Options') issued under the Fisher & Paykel Healthcare 2019 Share Option Plan (the 'Option Plan') and the Fisher & Paykel Healthcare (North American) 2019 Share Option Plan (the 'North American Plan') Section 1: issuer information Name of issuer Fisher & Paykel Healthcare Corporation Limited NZX ticker code FPH Class of Financial Product Options issued under the 2019 Option Plan and the 2019 North American Plan ISIN Not applicable Section 2: capital change details Number issued 412,417 Nominal value (if any) There is no nominal value for the Options. Issue price No amount is payable for the grant of Options. The Options have an exercise price of $36.54 per share (being the volume weighted average price for a share on the NZX for the five business days prior to the grant date) Nature of the payment Not applicable Amount paid up (if not in full) Not applicable Percentage of total class of Financial Products issued 412,417 Options to acquire ordinary shares representing approximately 0.07173% of the ordinary shares on issue 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 Options under the Option Plan and the North American Plan to incentivise selected employees to grow the Company and to attract, motivate and retain key employees. 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. 3,320,279 Options 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 21 August 2020 Terms or details of the issue The Options will be issued on the terms of the 2019 Option Plan and the 2019 North American Plan in the form approved by the Board Date of issue 04 September 2020 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 04 September 2020 End CA:00359286 For:FPH Type:SECISSUE Time:2020-09-07 08:30:08