AIRTASKER LIMITED — Capital/Financing Update 2022

May 25, 2022

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26 May 2022

ASX Announcement Airtasker Limited (ASX Code: ART)

CLEANSING NOTICE

Shares issued under Institutional Placement and Acquisition Notice under section 708A(5)(e) of the Corporations Act 2001

This notice is given by Airtasker Limited (ACN 149 850 457) (“Company”) under section 708A(5)(e) of the Corporations Act 2001 (“Corporations Act”).

The Company today issued 6,278,849 fully paid ordinary shares in the Company (“Placement Shares”) to institutional and professional investors under the institutional placement announced on 4 May 2022 and 17,558,140 fully paid ordinary shares in the Company (“Consideration Shares”) to Oneflare Pty Ltd as partial consideration for the Acquisition announced on 4 May 2022. The Placement Shares and the Consideration Shares (collectively, the “Shares”) were issued at an issue price of A$0.43 per Share.

The Company advises that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act, in reliance on section 708A(5) of the Corporations Act; this notice is being given under section 708A(5)(e) of the Corporations Act;

• (b) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;

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

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

  • (ii) section 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no information that is “excluded information” within the meanings of sections 708A(7) and 708A(8) of the Corporations Act.

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For further information, please contact:

Media Enquiries Investor Relations Alex Beashel www.investor.airtasker.com alex.beashel@airtasker.com investors@airtasker.com +61 466 308 667

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 $1.7 billion in working opportunities and served more than 1.2 million unique paying customers.

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

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