BIF acquires shares in Montoux Limited

Booster is pleased to announce the addition of Montoux to the Booster Innovation Fund (BIF) portfolio. Montoux operates in the Life and Health Insurance part of the information service technology sector. It specialises in the combination of actuarial and data science expertise with automation and machine learning to provide an actuarial automation and decision science platform for life and health insurers. Montoux was formed in 2012 and is classified as at early expansion stage. BIF will make a cash investment of $500,000 in Montoux. Following this transaction, Montoux will represent 7% of BIF's investment portfolio of 19 companies, and with a net asset value of over $7.3m. Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of the process described in the fund's Product Disclosure Statement (PDS) that is available at www.booster.co.nz. For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx For more information, please contact: Gary Scott Company Secretary Booster Investment Management Limited 04 8944300 About Booster Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $5 billion on behalf of more than 170,000 New Zealanders. BIF is a managed investment fund that invests in early-stage companies founded on intellectual property originated or developed in New Zealand. For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz End CA:00389531 For:BIF Type:TRANSACT Time:2022-03-25 15:05:00