BIF- Issuance of New Units

BIF - Issuance of Units 5 April 2023 Pursuant to Rule 3.13.2 of the Main Board Listing Rule, Booster Investment Management Limited, in its capacity as manager of the Booster Innovation Fund ('Fund' or NZX:BIF), confirms it has issued an additional 176,543 ordinary units in the Fund at $1.4066 per unit effective 5 April 2023 (the number of units allotted is confirmed 2 business days later on completion of the unit pricing process). This movement relates to the issuance of units by the Fund as a continuous issuer and is in respect of an acquisition that was announced earlier today. For further information regarding the Booster Innovation Fund visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx 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:00409557 For:BIF Type:SECISSUE Time:2023-04-05 16:27:03