ACROW LIMITED — Director's Dealing 2022

Oct 17, 2022

ASX:ACF Acrow Formwork and Construction Services Limited C/- Level 5, 126 Phillip Street Sydney NSW 2000

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ASX Release

18 October 2022

Steven Boland – Appendix 3Y

Acrow Formwork and Construction Services Limited (the “Company”) advises that the enclosed Appendix 3Y for Steven Boland includes an acquisition of 15,500 shares from 6 October 2022 which was inadvertently omitted from the Appendix 3Y which was released to the ASX on 13 October 2022.

The Company confirms that it has appropriate arrangements in place with its Directors under ASX Listing Rule 3.19B to ensure compliance with ASX Listing Rule 3.19A.

This announcement has been approved for release to the ASX by Steven Boland, CEO and Managing Director.

-ENDS-

About Acrow

Acrow Formwork and Construction Services Limited (ASX: ACF) provides engineered formwork, scaffolding and screen systems solutions as well as in-house engineering and industrial labour supply services to its construction sector clients.

Acrow is made up of three distinct business divisions: Acrow Formwork and Scaffolding Pty Ltd, which hires high-quality scaffolding and provides bespoke engineered formwork for major building construction and infrastructure projects in Australia; Natform Pty Ltd, a specialist screen systems provider which designs and hires screen systems for the construction industry; and Unispan Australia Pty Ltd, a provider of formwork and scaffolding solutions, equipment and services, which is complemented by in-house engineering and industrial labour supply.

Acrow currently operates in 10 locations across Australia and owns over 60,000 tonnes of formwork and scaffolding products. The Company has identified a number of near-term growth opportunities and is focused on growing its footprint in the civil infrastructure market of Australia’s east coast, with a particular focus on New South Wales and Victoria. To learn more, please visit: www.acrow.com.au

For further information, please contact:

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

Andrew Crowther Chief Financial Officer Ph: +61 (02) 9780 6500

Acrow Formwork and Construction Services Limited

Page 1

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Acrow Formwork and Construction Services Limited
ABN	36 124 893 465

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Steven Boland
Date of last notice	13 October 2022

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect and Direct
Nature of indirect interest (including registered holder)	Maryville Pty Ltd ATF Boland Family Trust 11 Belgravia Pty Ltd ATF A and S Super Fund
Date of change	(1) 6 October 2022 (2) 11 October 2022 (3) 12 October 2022
No. of securities held prior to change	4,716,838 - ORDINARY FULLY PAID SHARES 510,000 - LOAN FUNDED SHARES
Class	ORDINARY FULLY PAID SHARES
Number acquired	(1) 15,500 (2) 51,048 (3) 27,279
Number disposed	NIL
Value/Consideration	(1) $0.501 per share (2) $0.51 per share (3) $0.507 per share
No. of securities held after change	4,810,665 - ORDINARY FULLY PAID SHARES 510,000 - LOAN FUNDED SHARES
Nature of change	On-market trades

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

Part 2 - Change of director's relevant interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2