ACROW LIMITED — Board/Management Information 2017

Aug 10, 2017

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Level 29, 201 Elizabeth Street, Sydney NSW 2000 Ph: +61 2 8072 1400 | Fax: +61 2 8072 1440

11 August 2017

The Manager Company Announcements Australian Securities Exchange Level 5, 20 Bridge Street Sydney NSW 2000

By Electronic Lodgement

Dear Sirs

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board of NMG Corporation Limited ( Company ) is pleased to advise that effective immediately, it has appointed Gregg Taylor, as a Non-Executive Director of the Company.

Gregg has 20 years of international business experience in financial markets, technology, sports administration, media, and retail. He was most recently at Blue Ocean Equities as an Investment Executive responsible for research, and capital markets services for ASX and NZX listed companies. Played a key role in introducing 6 new companies to the ASX in the last 3 years and raising significant equity growth capital for various ASX and NZX listed companies. Gregg’s other key financial markets role was as an Investment Manager with Schroders, one of the largest and most successful Australian Equity Fund Managers.

Gregg’s equity capital markets expertise will support the Company’s existing resources business and provide access to other investment and acquisition opportunities for the Company.

As part of Gregg’s appointment, subject to shareholder approval which will be sought at this year’s annual general meeting, Gregg will be issued 4m management options (on the same terms as existing “3 Year Options”) and 4m management options (on the same terms as existing “5 Year Options”). The 3 Year Options will vest after the Company’s share price has traded at 2 cents or above for 20 business days (using the 20 day VWAP) and will expire 3 years from the date of issue. The 5 Year Options will vest after the Company’s share price has traded at 3 cents or above for 20 business days (using the 20 day VWAP) and will expire 5 years from the date of issue.

For any questions, please contact the undersigned on +61 2 8072 1400.

Yours faithfully

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Andrew Whitten

Company Secretary