ACROW LIMITED — Capital/Financing Update 2020

Nov 29, 2020

ASX:ACF

Acrow Formwork and Construction Services Limited

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C/- Level 5, 126 Phillip Street Sydney NSW 2000

ASX Release

30 November 2020

Cleansing Notice Under Section 708A(5)(e) of the Corporations Act

Acrow Formwork and Construction Services Limited (ASX:ACF) ( Acrow or the Company ) today has issued and allotted 200,000 fully paid ordinary shares ( Shares ) as set out in the Appendix 2A dated today.

In accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) Acrow advises that:

• 1) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• 2) this notice is being given under section 708A(5)(e) of the Corporations Act;

• 3) as at the date of this notice, the Company has complied with:

• a. the provisions of Chapter 2M of the Corporations Act as they apply to the Company;

• b. section 674 of the Corporations Act; and

• 4) as at the date of this notice there is no excluded information for the purposes of sections 708A(7) and 708A(8) of the Corporations Act.

This announcement has been approved for release by the Acrow Board of Directors.

-ENDS-

For further information, please contact:

Peter Lancken Chairman Ph: +61 (02) 9780 6500

Steven Boland Managing Director Ph: +61 (02) 9780 6500

Acrow Formwork and Construction Services Limited

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