ALTAMIN LIMITED — Major Shareholding Notification 2022

Jul 5, 2022

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ALTAMIN LIMITED

ACN/ARSN

078 510 988

1. Details of substantial holder(1)

Name

VBS EXCHANGE PTY LTD & OTHER PARTIES LISTED IN ANNEXURE A BELOW

ACN/ARSN (if applicable) 109 106 201

There was a change in the interests of the substantial holder on 06/ /07 2022 The previous notice was given to the company on 01/ / 07 2022 The previous notice was dated 30/ / 06 2022

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 securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY SHARES	115,077,826	29.38%	119,426,545	30.49%

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 ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
Refer to Anne	xure A below

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
VBS EXCHANGEPTY LTD	VBS EXCHANGEPTY LTD	VBS EXCHANGEPTY LTD	REGISTERED HOLDERS (INITS OWN CAPACITY)	119,426,545	119,426,545

604 page 2/2 15 July 2001

5. ChangesThe persons winterests in th6. AddresseThe addresses	eprint namecapacitysign heredate//in associationho 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 votinge company or scheme are as follows:Name and ACN/ARSN (if applicable)Nature of associationsof persons named in this form are as follows:NameAddressDIRECTIONSere are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of anty trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred toughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the.the definition of "associate" in section 9 of the Corporations Act 2001.the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.voting shares of a company constitute one class unless divided into separate classes.person's votes divided by the total votes in the body corporate or scheme multiplied by 100.de details of:any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of anydocument setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme orarrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; andany qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities towhich the relevant interest relates (indicating clearly the particular securities to which the qualification applies).the definition of "relevant agreement" in section 9 of the Corporations Act 2001.ils of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`eled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must beded of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whomrelevant interest was acquired.e substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".details, if appropriate, of the present association and any change in that association since the last substantial holding notice.06072022N/AN/AVBS EXCHANGE PTY LTDLEVEL 12, 644 CHAPEL STREET, SOUTH YARRA, VIC 3141DAVID GEORGE LEETONCOMPANY SECRETARY	eprint namecapacitysign heredate//in associationho 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 votinge company or scheme are as follows:Name and ACN/ARSN (if applicable)Nature of associationsof persons named in this form are as follows:NameAddressDIRECTIONSere are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of anty trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred toughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the.the definition of "associate" in section 9 of the Corporations Act 2001.the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.voting shares of a company constitute one class unless divided into separate classes.person's votes divided by the total votes in the body corporate or scheme multiplied by 100.de details of:any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of anydocument setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme orarrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; andany qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities towhich the relevant interest relates (indicating clearly the particular securities to which the qualification applies).the definition of "relevant agreement" in section 9 of the Corporations Act 2001.ils of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`eled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must beded of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whomrelevant interest was acquired.e substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".details, if appropriate, of the present association and any change in that association since the last substantial holding notice.06072022N/AN/AVBS EXCHANGE PTY LTDLEVEL 12, 644 CHAPEL STREET, SOUTH YARRA, VIC 3141DAVID GEORGE LEETONCOMPANY SECRETARY	eprint namecapacitysign heredate//in associationho 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 votinge company or scheme are as follows:Name and ACN/ARSN (if applicable)Nature of associationsof persons named in this form are as follows:NameAddressDIRECTIONSere are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of anty trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred toughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the.the definition of "associate" in section 9 of the Corporations Act 2001.the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.voting shares of a company constitute one class unless divided into separate classes.person's votes divided by the total votes in the body corporate or scheme multiplied by 100.de details of:any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of anydocument setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme orarrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; andany qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities towhich the relevant interest relates (indicating clearly the particular securities to which the qualification applies).the definition of "relevant agreement" in section 9 of the Corporations Act 2001.ils of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`eled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must beded of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whomrelevant interest was acquired.e substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".details, if appropriate, of the present association and any change in that association since the last substantial holding notice.06072022N/AN/AVBS EXCHANGE PTY LTDLEVEL 12, 644 CHAPEL STREET, SOUTH YARRA, VIC 3141DAVID GEORGE LEETONCOMPANY SECRETARY
	Name		Address
	VBS EXCHANGE PTY LTD		LEVEL 12, 644 CHAPEL STREET, SOUTH YARRA, VIC 3141
Signatur(1)If thequithroform(2)See(3)See(4)The(5)The(6)Inclu(a)(b)See(7)Detaentitincluthe(8)If th(9)Give

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:

6. Addresses

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

Signature

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure "A"

This is Annexure "A" of 2 pages referred to in the Form 604 (Notice of change of interests of substantial holder), signed by me and dated 6 July 2022

David Leeton

Company Secretary

VBS Exchange Pty Ltd (ACN 109 106 201)

Details of other parties

Details of other parties
ENTITY	ACN
VBS Investments PtyLtd	079 048 972
Vilo Enterprises PtyLtd	070 890 229

Changes in relevant Interests

Date of	Person	Nature of change	Consideration	Class and	**Person’s **
change	whose		given in	number of	voted
	relevant		relation to	securities	affected
	interest		change	affected
	changed
01/07/2022	VBS	Purchase of shares	$94,583	995,614	995,614
	Exchange	on market		Ordinary
	PtyLtd			Shares
01/07/2022	VBS	Increase in relevant	$41,800	440,005	440,005
	Exchange	interest as a result of		Ordinary
	Pty Ltd	acceptances of the		Shares
		takeover offer made
		by VBS Exchange Pty
		Ltd, as set out in the
		Bidder’s Statement
		dated 20 May2022
04/07/2022	VBS	Purchase of shares	$13,300	140,000	140,000
	Exchange	on market		Ordinary
	PtyLtd			Shares
04/07/2022	VBS	Increase in relevant	$2,425	25,527	25,527
	Exchange	interest as a result of		Ordinary
	Pty Ltd	acceptances of the		Shares
		takeover offer made
		by VBS Exchange Pty
		Ltd, as set out in the
		Bidder’s Statement
		dated 20 May2022
05/07/2022	VBS	Purchase of shares	$145,455	1,531,105	1,531,105
	Exchange	on market		Ordinary

	PtyLtd			Shares
05/07/2022	VBSExchangePty Ltd	Increase in relevantinterest as a result ofacceptances of thetakeover offer madeby VBS Exchange PtyLtd, as set out in theBidder’s Statementdated 20 May2022	$63	667 OrdinaryShares	667
06/07/2022	VBSExchangePtyLtd	Purchase of shareson market	$114,792	1,208,333OrdinaryShares	1,208,333
06/07/2022	VBSExchangePty Ltd	Increase in relevantinterest as a result ofacceptances of thetakeover offer madeby VBS Exchange PtyLtd, as set out in theBidder’s Statementdated 20 May2022	$709	7,468 OrdinaryShares	7,468