Notification of issue of bonds

Capital Change Notice Section 1: Issuer information Name of issuer - Vector Limited NZX ticker code - VCT Class of financial product - Unsecured, unsubordinated, fixed rate, six year bonds ISIN (If unknown, check on NZX website) - NZVCTDT013C8 Currency - New Zealand Dollars ($) Section 2: Capital change details Number issued/acquired/redeemed - 225,000,000 unsecured, unsubordinated, fixed rate, six year bonds Nominal value (if any) - $1.00 Issue/acquisition/redemption price per security - $1.00 per bond Nature of the payment (for example, cash or other consideration) - Cash Amount paid up (if not in full) - Fully paid Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence) - 100% For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date) - Not applicable Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here) - Allotment under Final Terms Sheet dated 18 November 2021 Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption. - 225,000,000 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, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made - Board resolutions dated 3 November 2021 Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements) - The issued unsecured, unsubordinated, fixed rate, six year bonds rank equally with existing unsecured, unsubordinated, fixed rate bonds already quoted on the Debt Market of NZX Limited under the ticker code "VCT090". As set out in the Final Terms Sheet dated 18 November 2021. Date of issue/acquisition/redemption - 26 November 2021 Section 3: Authority for this announcement and contact person Name of person authorised to make this announcement - Jason Hollingworth Contact person for this announcement - Jason Hollingworth Contact phone number - 021 312 928 Contact email address - Jason.hollingworth@vector.co.nz Date of release through MAP - 26 November 2021 End CA:00383639 For:VCT Type:OFFER Time:2021-11-26 10:16:44