ACROW LIMITED — Share Issue/Capital Change 2024

Jun 6, 2024

ASX Announcement

==> picture [151 x 43] intentionally omitted <==

7 June 2024

Cleansing Notice under section 708A(5)(e) of the Corporations Act

Acrow Limited (ASX: ACF) ( Acrow or the Company ) advises that the Company issued 6,645,663 fully paid ordinary shares ( Shares ) as detailed in the Appendix 2A released today. The Shares were issued to the underwriter of the Company’s Dividend Reinvestment Plan.

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. 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 and 674A of the Corporations Act; and

3. 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 release was approved by the Acrow Board of Directors.

-ENDS-

About Acrow

Acrow Limited (ASX: ACF) is a leading provider of smart integrated construction systems across formwork, industrial services and commercial scaffolding in Australia. Enhancing our portfolio are falsework and shoring, screen solutions, Jacking Systems (also known as Jumpform), and internal engineering capabilities.

With over 80 years of experience, Acrow has grown from a small local business to a national leader in the construction industry. Our journey is marked by continuous innovation, expansion, and a vision to set the national standard in engineered industrial and construction services. We’re committed to removing barriers to success for construction and industrial professionals through our smart solutions, can do attitude, and strong partnerships.

Operating in 10 locations with over 60,000 tonnes of equipment, Acrow aims to expand its presence in Australia’s civil infrastructure market. Our national network with local expertise ensures efficient project delivery while adhering to best practices. 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 Limited. C/- Level 5, 126 Phillip Street, Sydney NSW 2000

Page 1