ASX, ZIP, SHARE PURCHASE PLAN

As announced to the ASX on 18 July 2024, Zip Co Limited (ASX: ZIP) (“Zip”, or the “Company”)
successfully completed a fully underwritten placement (the “Placement”), raising A$217m (before
costs) and is offering eligible shareholders the opportunity to participate in a non-underwritten share
purchase plan (“SPP”) to raise up to A$50m1
.
Under the SPP, shareholders who have a registered address in Australia and New Zealand on Zip’s
register as at 7.00pm (AEST) on Tuesday, 16 July 2024 (“Eligible Shareholders”), have the opportunity
to apply for up to A$30,000 of new shares free of any brokerage, commission and transaction costs.
New shares will be issued to Eligible Shareholders under the SPP at a price per share equal to the
lower of:

● A$1.56, being the price under the Placement; and
● a 2.0% discount to the 5-day volume weighted average of Zip’s shares on the ASX up to, and including, the closing date of the SPP (which is currently scheduled for Wednesday, 14 August 2024).

Full details of the SPP are set out in the SPP Offer document, which will be made available to Eligible
Shareholders today. A letter to shareholders, a copy of the SPP Offer document and a sample SPP
application form is attached to this announcement.

Eligible Shareholders who have elected to receive electronic communications will receive details of
how to obtain a copy of the SPP Offer document and their personalised acceptance form via email.
All other Eligible Shareholders will receive a letter via post with instructions on how to access a copy
of the SPP Offer document and their personalised acceptance form.

Eligible Shareholders are encouraged to read the SPP Offer document carefully, and if in any doubt
about whether or not to accept the SPP offer, to consult with a financial or other professional adviser.
If you have any questions in respect of the SPP, visit the offer website www.zipspp.com or please
call the Shareholder Information Line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside
Australia), between 8:30am and 5:00pm (Sydney time), Monday to Friday