PERFORMANCE SHARE RIGHTS GRANTED UNDER LONG TERM INCENTIVE

For the purposes of NZX Listing Rule 3:13:1, TIL Logistics Group Limited (NZX:TLL) advises the following in connection with a grant of Share Rights under the Company's Long Term Incentive Plan: (see attached announcement for summary table) Date of issue: 2 November 2020 ENDS For further information and media assistance, please contact: Charles Bolt Company Secretary Phone - 021 889 533 | Email - Charles.Bolt@til.kiwi About TIL Logistics Group Limited (TLL) TLL is one of the largest domestic freight and logistics businesses in New Zealand, with a nationwide network of branches, depots and warehouses. TLL's activities include transporting and warehousing freight throughout New Zealand and co-ordinating freight movements offshore with the assistance of international alliances. TLL also has a specialist road tanker division which is one of the largest operators in the New Zealand fuel delivery market. End CA:00362458 For:TLL Type:GENERAL Time:2020-11-02 16:32:28