1414 DEGREES LIMITED — Capital/Financing Update 2020

Sep 9, 2020

Thursday 10 September 2020

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ASX:14D

Notice under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547

1414 Degrees Limited (ASX:14D) (Company) refers to its announcement on 3 September 2020 whereby eligible shareholders will have the opportunity to subscribe for new fully paid ordinary shares in the Company up to the value of $30,000 under a Share Purchase Plan (SPP).

The Company will today make offers under the proposed SPP (being the opening date of the SPP). An offer booklet with further details of the SPP will be made available to eligible shareholders of the Company today.

The SPP will be offered in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 (Instrument). The Company gives notice under paragraph 7(f)(ii) of the Instrument that:

1. the Company will make offers to issue shares under the SPP without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (Act);

2. this notice is given in accordance with the Instrument;

3. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

4. as at the date of this notice, there is no information that is ‘excluded information’ within the meanings of sections 708A(7) and 708A(8) of the Act (as if this notice were a notice under paragraph 708A(5)(e) of the Act).

AUTHORISED BY:

Kevin Moriarty, Executive Chairman

+61 8 8357 8273

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