AIRTASKER LIMITED — Capital/Financing Update 2021

May 26, 2021

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Airtasker Ltd ABN 53 149 850 457 Level 3, 71 York Street Sydney NSW 2000

27 May 2021

ASX Announcement Airtasker Limited (ASX Code: ART)

Cleansing Notice – Placement

Airtasker Limited (ASX Code: ART) ( Company ) announced on 25 May 2021 that it had undertaken a placement of approximately 20.7 million fully paid ordinary shares in the Company ranking equally in all respects from their issue date with existing ordinary shares in the Company ( Shares ) to sophisticated and professional investors at a price of $1.00 per Share, under which it has raised approximately $20.0 million before costs ( Placement ).

The Company gives notice as required under section 708A(5) of the Corporations Act 2001 ( Act ) that:

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

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

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

• (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• (b) section 674 of the Act; and

• 4 as at the date of this notice, there is no "excluded information" as defined in sections 708A(7) or 708A(8) of the Act.

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For further information, please contact:

Media Enquiries Investor Relations Alexandra Aguirre www.investor.airtasker.com alexandra@airtasker.com investors@airtasker.com +61 428 024 545

About Airtasker

Airtasker (ASX: ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with people and businesses who want to work.

With its mission to empower people to realise the full value of their skills, Airtasker aims to have a positive impact on the future of work by creating truly flexible opportunities to work and earn income. Since launching in 2012, Airtasker has enabled more than $1 billion in working opportunities and served more than 1 million unique paying customers.

This announcement was approved for release by the Board of Directors of Airtasker Limited