Tranche 1 Placement Successfully Completed/STI Share Issue

6 October 2021 Successful Completion of Placement First Tranche On 4 October 2021 Geo Limited (NZX:GEO) (GEO) announced that it is raising NZ$6 million from the issue of ordinary shares priced at NZ$0.130 per share by way of a placement (the Placement). GEO is pleased to announce that it has successfully completed the first tranche placement of 20,276,581 ordinary shares, raising approximately $2.6 million. The placement of the second tranche of 26,038,466 ordinary shares will be conditional on shareholder approval at GEO's FY21 Annual Meeting. Issue of STI Shares to CEO GEO advises that it has today issued 845,694 ordinary shares in GEO at an issue price of $0.134 per share to its Chief Executive, Tim Molloy, in part payment to him of outstanding Short Term Incentive entitlements. For more information: Tim Molloy Chief Executive Officer Tel: +61 411 592 180 Email tim.molloy@geoworkforcesolutions.com About GEO: GEO is a leading SaaS business that provides smart software platforms for tradies, field and home service businesses. The market for GEO's products is growing quickly as the global mobile workforce expands. GEO's simple yet powerful software platform helps business owners reduce the complexity of running their business whilst saving time and improving cashflow. For more information: www.geoworkforcesolutions.com End CA:00380504 For:GEO Type:SECISSUE Time:2021-10-06 17:07:04