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ADHERIUM LIMITED Major Shareholding Notification 2021

May 9, 2021

64305_rns_2021-05-09_212eb123-6e87-472e-8f3e-1263ae633e69.pdf

Major Shareholding Notification

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Form 604 Corporations Act 2001 Section 671B

Notice of Change of Interests of Substantial Holder

To: ADHERIUM LIMITED

ACN/ARSN:

1. Details of substantial holder (1)

Name: FIL Limited and the entities listed in Annexure A ("FIL") ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated

07 May 2021 10 June 2020 10 June 2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Previous Notice Previous Notice Present Notice Present Notice
Securities (4) Person’s votes Voting Power (5) Person’s votes Voting Power (5)
COMMON 44,681,769 7.43% 211,645,356 9.96%
STOCK

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of Person Nature of Consideratio Class and Person’s votes
Change whose change (6) n given in number of affected
relevant relation to securities
interest change (7) affected
changed
COMMON COMMON
STOCK STOCK
03/24/2021 FIL PLACEMENT 0.0150 AUD 2,454,822 2,454,822
03/24/2021 FIL PLACEMENT 0.0150 AUD 21,184,300 21,184,300
05/07/2021 FIL PLACEMENT 0.0150 AUD 14,883,636 14,883,636
05/07/2021 FIL PLACEMENT 0.0150 AUD 128,440,829 128,440,829
Total 166,963,587 166,963,587
Placement

4. Present Relevant Interest

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Refer to Annexure A

5. Changes in Association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association N/A

6. Addresses

The addresses of persons named in this form are as follows:

Refer to Annexure A

==> picture [107 x 45] intentionally omitted <==

Sign Here ____________________________________

Dated: 07 May 2021 Jen Li

Head of Regulatory Reporting, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

Investment Manager Address Custodian Nature of Relevant Interest Sum of Numerator Shares
FIL Investment Level 21, Two Pacific BROWN BROS HARRIMN
192,315,918
Management (Hong Place, 88 Queensway, LTD LUX(C)
Kong) Limited Admiralty, Hong Kong CLEARSTREAM BANKING
Investment Discretion / 18,812,311
SA LUX(C)
Voting Power
FIL Limited Pembroke Hall, 42
STATE STREET BANK
Crow Lane, Pembroke, 517,127
AND TR CO
Bermuda
Grand Total 211,645,356