Ann: Gentrack provides updated guidance for FY22, page-2

UPGRADES in these times are very rare !!

UPGRADE TO GUIDANCE FROM $115MILLION TO $125MILLION

Gentrack provides updated guidance for FY22

On 24th February 2022 and then again on 24th May 2022, Gentrack Group Limited
(NZX/ASX: GTK) (“Gentrack”) advised that revenues for FY22 are forecast to be
around $115m (vs FY21 revenues of $105.7m) and that FY22 EBITDA is expected
to be in low single-digits ($’m). Gentrack now advises that revenues for FY22 are
forecast to be around $125m and that FY22 EBITDA is expected to be in the mid to
high single digits ($’m).