EROAD Limited (“ERD”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 7 September 2023 Subject: EROAD Limited ("ERD") - Trading Halt of Securities Message: Further to the announcement by EROAD Limited ("ERD"), NZ RegCo advises that at the request of the issuer it has placed a trading halt on ERD ordinary shares. ERD has requested the trading halt to facilitate an orderly market while it is conducting the institutional component of a pro rata accelerated renounceable entitlement offer and an institutional placement. The trading halt was put in place pre-market open this morning. ERD ordinary shares will remain in halt until the earlier of: - An announcement by the issuer stating the outcome of the institutional bookbuild; or - Market open on the NZX on Monday, 11 September 2023 Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00417798 For:ERD Type:HALT Time:2023-09-07 08:30:26