SPH Notice - Ampfield Management, L.P.

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To EROAD Limited
Date this disclosure made: 16 May 2024
Date on which substantial holding began: 16 May 2024
Substantial product holder(s) giving disclosure
Full name(s): Ampfield Management, L.P.
Summary of substantial holding
Class of quoted voting products: Ordinary Shares (NZX: ERD, ISIN: NZERDE0001S5)
Summary for Ampfield Management, L.P
For this disclosure,—
(a) total number held in class: 10,116,191
(b) total in class: 184,821,022
(c) total percentage held in class: 5.47%
Details of relevant interests
Details for Ampfield Management, L.P.
Nature of relevant interest(s): Relevant interest by virtue of Ampfield Management,
L.P. having the power to vote, acquire, or dispose of financial products in its
capacity as investment manager.
For that relevant interest,—
(a) number held in class: 10,116,191
(b) percentage held in class: 5.47%
(c) current registered holder(s): Ampfield Holdings, L.P. (3.43%) (Custodian –
Pershing LLC), Middlebelt Ampfield, LLC (0.08%) (Custodian – Pershing LLC),
Vanderbilt Ampfield SMA (0.67%) (Custodian – BNY Mellon), Sunset Ampfield
(1.29%) (Custodian – Interactive Brokers LLC)
(d) registered holder(s) once transfers are registered: Not Applicable
For a derivative relevant interest, also—
(a) type of derivative: Not Applicable
(b) details of derivative: Not Applicable

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(c) parties to the derivative: Not Applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not Applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: See attachment
Additional information
Address(es) of substantial product holder(s):
Ampfield Management, L.P.
654 Madison Avenue, Sixth Floor
New York, New York 10065
Contact details: Ryan Saba
Tel: +1 212 400 9533
Email: ryan.saba@ampfield.management
Nature of connection between substantial product holders: Ampfield Management, L.P.
is the investment manager for the funds listed in this form and exercises control
over voting the shares held by these funds.
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not Applicable
Certification
I, Ryan Saba, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.

Date: 5/16/24

Ryan Saba
Director of Finance
Ampfield Management, L.P.

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Attachment A: Trade History

Date Direction Type Shares NZD Consideration
5/7/2024 Buy On-market trade 36,750 31,321.16
5/8/2024 Buy On-market trade 864 744.24
5/9/2024 Buy On-market trade 93 80.10
5/10/2024 Buy On-market trade 3,012 2,624.37
5/13/2024 Buy On-market trade 34,412 29,590.46
5/14/2024 Buy On-market trade 19,273 16,524.37
5/15/2024 Buy On-market trade 30,320 26,366.35
5/16/2024 Buy On-market trade 944,429 812,303.38