ASX:AU1 · 14 November 2018

Update – Consolidation/Split – AU1

Notification of Consolidation/Split

Announcement Summary

Entity name THE AGENCY GROUP AUSTRALIA LTD

Applicable security for the reorganisation

AU1 ORDINARY FULLY PAID AU1O OPTION EXPIRING 30-APR-2019 AU1AB ORDINARY FULLY PAID RESTRICTED AU1AC OPTION EXPIRING VAR DATES RESTRICT EX VAR PRICES AU1AD PERFORMANCE SHARES RESTRICTED AU1AE PERFORMANCE SHARES RESTRICTED

Announcement Type Update to previous announcement Date of this announcement Wednesday November 14, 2018 Reason for the Update

Please refer to the accompanying ASX Announcement titled Top Level Acquisition Update.

Refer to below for full details of the announcement

Announcement Details

Part 1 – Entity and announcement details

1.1 *Name of +Entity THE AGENCY GROUP AUSTRALIA LTD Registration Number 1.2 *Registered Number Type ABN 52118913232

1.3 *ASX issuer code AU1

1.4 *The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement

Please refer to the accompanying ASX Announcement titled Top Level Acquisition Update.

Notification of Consolidation/Split 1/5

Notification of Consolidation/Split

1.4b * Date of previous announcement(s) to this update Monday October 22, 2018 1.5 *Date of this announcement Wednesday November 14, 2018 1.6 *Securities affected by the reorganisation

Part 2 – Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes 2.2 Approvals

Approval/Condition Date for determination Is the date estimated **Approval +Security holder Wednesday or actual? received/condition approval November 28, 2018 Actual met? No Comments

Part 3 – Reorganisation timetable and details

3.1 *+Record date Monday December 3, 2018 3.2 Date of +security holder meeting Wednesday November 28, 2018 3.3 Last day for trading in the pre-re-organised +securities Thursday November 29, 2018

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Notification of Consolidation/Split

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity’s securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Friday November 30, 2018 3.5 Record date Monday December 3, 2018 3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Tuesday December 4, 2018 3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Monday December 10, 2018 3.8 Trading starts on a normal T+2 basis Tuesday December 11, 2018 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Thursday December 13, 2018

Part 4 – Reorganisation type and details

4.1 *The reorganisation is +Security consolidation 4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every 30 (pre-consolidation) +securities will be consolidated into 1 (post-consolidation) +security (/ies).

4.2 *Scrip fraction rounding Fractions rounded up to the next whole number

Part 5 – +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

*ASX +Security Code *ASX +Security AU1 Description ORDINARY FULLY PAID Quoted/unquoted Number on issue Number on issue after Estimate/Actual Quoted before reorganisation reorganisation Actual 639,507,934 21,316,931

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Notification of Consolidation/Split

*ASX +Security Code *ASX +Security AU1O Description OPTION EXPIRING 30-APR-2019 Quoted/unquoted Number on issue Number on issue after Estimate/Actual Quoted before reorganisation reorganisation Actual 24,076,089 802,536 *ASX +Security Code *ASX +Security AU1AB Description ORDINARY FULLY PAID RESTRICTED Quoted/unquoted Number on issue Number on issue after Estimate/Actual Unquoted before reorganisation reorganisation Actual 44,285,200 1,476,173 *ASX +Security Code *ASX +Security AU1AC Description OPTION EXPIRING VAR DATES RESTRICT EX VAR PRICES Quoted/unquoted Number on issue Number on issue after Estimate/Actual Unquoted before reorganisation reorganisation Actual 162,666,667 5,422,222 *ASX +Security Code *ASX +Security AU1AD Description PERFORMANCE SHARES RESTRICTED Quoted/unquoted Number on issue Number on issue after Estimate/Actual Unquoted before reorganisation reorganisation Actual 46,666,667 1,555,556 *ASX +Security Code *ASX +Security AU1AE Description PERFORMANCE SHARES RESTRICTED Quoted/unquoted Number on issue Number on issue after Estimate/Actual Unquoted before reorganisation reorganisation Actual 66,666,667 2,222,222

5.2 *Exercise price of options

*ASX +Security Code *ASX +Security Description AU1O OPTION EXPIRING 30-APR-2019

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Notification of Consolidation/Split

Quoted/unquoted Exercise price before Exercise price after Quoted reorganisation reorganisation 0.15000000 4.50000000 *ASX +Security Code *ASX +Security Description AU1AC OPTION EXPIRING VAR DATES RESTRICT EX VAR PRICES Quoted/unquoted Exercise price before Exercise price after Unquoted reorganisation reorganisation 0.00000000 0.00000000 *ASX +Security Code *ASX +Security Description AU1AD PERFORMANCE SHARES RESTRICTED Quoted/unquoted Exercise price before Exercise price after Unquoted reorganisation reorganisation 0.00000000 0.00000000 *ASX +Security Code *ASX +Security Description AU1AE PERFORMANCE SHARES RESTRICTED Quoted/unquoted Exercise price before Exercise price after Unquoted reorganisation reorganisation 0.00000000 0.00000000

Part 6 – Further information

6.1 Further information relating to the reorganisation

In accordance with a Notice of Meeting to be held on 15th November and which Resolutions 1 to 13 will be adjourned to 28 November 2018 (the same date as AU1 annual general meeting).

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split 5/5