BIF acquires shares in Macso

Booster is pleased to announce the addition of MACSO to the Booster Innovation Fund (BIF) portfolio. MACSO operates in the information technology services sector with an initial focus on the animal health sector. It specialises in developing edge and cloud based artificial intelligence technology that uses sensors to remotely monitor its customers operating environments. MACSO was formed in 2021 and is classified as seed stage. BIF will make a cash investment of $250,000. Following this transaction (and issue of additional units to fund the purchase), MACSO will represent 2.0% of BIF's investment portfolio of 28 companies, and with a net asset value of over $12.5m. 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 and net asset value per unit, please visit www.booster.co.nz End CA:00404518 For:BIF Type:TRANSACT Time:2022-12-21 15:17:44