Capital Change Notice

Capital Change Notice

Updated as at June 2023


Section 1: Issuer information
Name of issuer Scales Corporation Limited
NZX ticker code SCL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSCLE0002S8
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 475,546
Nominal value (if any) Not Applicable
Issue/acquisition/redemption price per security $2.72
Nature of the payment (for example, cash or other
consideration)
Payable in cash
Amount paid up (if not in full) Fully paid up
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)
0.332%
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)
Issue of ordinary shares to participants
under the Scales Senior Executive
Share Scheme
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.
143,571,527
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 resolution
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
Ordinary shares having the same rights
and ranking equally with the existing
ordinary shares
Date of issue/acquisition/redemption 24/04/2024

Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Steve Kennelly
Contact person for this announcement Steve Kennelly
Contact phone number +64 0274 317587
Contact email address steve.kennelly@scalescorporation.co.nz
Date of release through MAP

24/04/2024