Pushpay announces 4:1 share split

Pushpay announces 4:1 share split Auckland, New Zealand | Redmond, Washington; Colorado Springs, Colorado, US - 4 November 2020 (NZT) Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company') announces that the Board has approved a four-for-one share split. This will result in Pushpay shareholders holding, after the share split, four fully paid ordinary shares for each fully paid ordinary share held by them at 5:00 pm (NZT) on the record date of Friday, 27 November 2020. Following the share split, Pushpay will have a total issued share capital of 1,102,610,236 fully paid ordinary shares. In addition, each outstanding restricted share unit granted under Pushpay's 2016 Share Incentive Plan ("RSU") will be split on the same basis. This will result in the holders of Pushpay RSUs holding, after the split, four RSUs for each RSU held by them at 5:00 pm on the record date of 27 November 2020. Following the split, Pushpay will have 5,090,688 outstanding RSUs on issue and each RSU will represent a conditional contractual entitlement to one fully paid ordinary share. The Pushpay Board considers that the share split will assist to enhance liquidity in the market for Pushpay's ordinary shares. Pushpay previously completed a share split in February 2016. Pleasingly, the Company saw a meaningful increase in both the shareholder base and liquidity that was partly attributable to the share split. Key dates (NZT) are as follows: Last date for trading on a pre-share split basis on the NZX Main Board and ASX: Tuesday, 24 November 2020 Last date for registration of transfers on a pre-share split basis: Friday, 27 November 2020 Record date: 5:00 pm on Friday, 27 November 2020 Commencement of trading on a post-share split basis on the NZX Main Board and ASX: Tuesday, 1 December 2020 Updated holding statements sent to shareholders: By Friday, 4 December 2020 Contact Gabrielle Wilson | Investor Relations | Pushpay Holdings Limited P: +64 21 724 244 | E: investors@pushpay.com www.pushpay.com This announcement is authorised by Graham Shaw (Chairman) and Bruce Gordon (Chief Executive Officer and Executive Director) of Pushpay Holdings Limited. About Pushpay Pushpay provides a donor management system, including donor tools, finance tools and a custom community app, and a church management system (ChMS) to the faith sector, non-profit organisations and education providers located predominantly in the United States (US) and other jurisdictions. Our leading solutions simplify engagement, payments and administration, enabling our Customers to increase participation and build stronger relationships with their communities. Church Community Builder is a subsidiary of Pushpay Holdings Limited and provides a Software as a Service (SaaS) church management system predominantly in the US and other jurisdictions. Church Community Builder provides a platform that churches use to connect and communicate with their community members, record member service history, track online giving and perform a range of administrative functions. Combined, Pushpay and Church Community Builder deliver a best-in-class, fully integrated ChMS, custom community app and giving solution for customers in the US faith sector. Pushpay receives co-funding from Callaghan Innovation, New Zealand's innovation agency, to support innovation through research and development. Pushpay is an award-winning company. For more information visit www.pushpay.com/investors/awards. ENDS End CA:00362562 For:PPH Type:CORPACT Time:2020-11-04 09:38:05