ALTERNATIVE INVESTMENT TRUST — Proxy Solicitation & Information Statement 2016

Aug 8, 2016

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ASX ANNOUNCEMENT

9 August 2016

Alternative Investment Trust (ASX: AIQ)

Notice of meeting to consider the change of responsible entity

The Trust Company (RE Services) Limited ABN 45 003 278 831 ( Perpetual ) as responsible entity of Alternative Investment Trust ARSN 112 129 218 ( AIT ) refers to the fund update for AIT released on 5 August 2016 in relation to a request received by Perpetual from the following members to call a meeting of members of AIT pursuant to sections 252B and 601FM(1A) of the Corporations Act 2001 (Cth) for the purpose of considering and voting on resolutions to remove Perpetual as the responsible entity of AIT and appoint One Managed Investment Funds Limited ACN 117 400 987 as the responsible entity:

• Resurgence Capital Pty Limited ATF Resurgence Capital Unit Trust;

• Molleen Pty Limited;

• Valamoon Pty Limited ATF Danny Goldberg Superannuation Fund;

• Dakota Capital Pty Limited;

• SJA Pty Limited; and

• Chriswall Holdings Pty Limited ATF David Goldberg Family Trust No. 4.

(together, the Requisitioning Members ).

Attached is a Notice of Meeting convening a meeting of AIT members together with an Explanatory Memorandum and Proxy Form.

The Notice of Meeting specifies that the meeting will be held as follows:

Time: 3:00pm Date: 12 September 2016

Place: Radisson Blu Plaza Hotel, 27 O’Connell Street, Sydney, NSW 2000

Members of AIT should read the Notice of Meeting and Explanatory Memorandum carefully.

ENDS

For any enquiries or information please contact Perpetual:

Email: hugh.treweeke@perpetual.com.au Contact Number: (02) 9229 9000

The Trust Company (RE Services) Limited ACN 003 278 831 ABN 45 003 278 831 AFSL 235150

Notice of Meeting and Explanatory Memorandum

Alternative Investment Trust (ARSN 112 129 218; ASX code: AIQ)

This Notice of Meeting and Explanatory Memorandum is dated 9 August 2016 and is issued by The Trust Company (RE Services) Limited (ABN 45 003 278 831; AFSL 235150) ( Perpetual ) in its capacity as responsible entity of the Alternative Investment Trust (ARSN 112 129 218; ASX code: AIQ) ( AIT ).

IMPORTANT NOTICE: This is an important document that requires your urgent attention. Please read the information in this Notice of Meeting and Explanatory Memorandum carefully. If after reading this Notice of Meeting and Explanatory Memorandum you are in any doubt as to the course of action you wish to take, you should consult your professional adviser as soon as possible.

Terms used in this Notice of Meeting and Explanatory Memorandum are defined in the Glossary in section 7.

The information contained in this Notice of Meeting and Explanatory Memorandum does not constitute a personal recommendation by Perpetual or any of its affiliates, officers, employees or agents to you in relation to any financial product or service. This Notice of Meeting and Explanatory Memorandum has been prepared without taking into account any person's particular investment objectives, financial situation or needs. You should assess whether the information contained in this Notice of Meeting and Explanatory Memorandum is appropriate with respect to your own circumstances before making a decision in relation to the Resolutions. If you are unsure, you should seek your own professional advice.

While all reasonable care has been taken in relation to the preparation and collation of this Notice of Meeting and Explanatory Memorandum, no person, including, but not limited to Perpetual or any of their affiliates, officers, employees or agents, accepts any responsibility for any loss or damage arising or resulting in any way from the use or reliance on this Notice of Meeting and Explanatory Memorandum by any person.

Key information and dates

Key information and dates
Time and date of Meeting:	A meeting of the members of AIT will be held at 3:00pm on 12 September 2016.
Place of meeting:	The meeting will be held at the Radisson Blu Plaza Hotel, 27 O’Connell Street, Sydney, NSW 2000.
Entitlement to vote:	For the purposes of the meeting, persons who are registered holders of units in AIT 48 hours prior to the time of the meeting will be entitled to vote.
Latest time for receipt of Proxy Forms:	Proxy Forms must be returned to Link Market Services Limited at least 48 hours before the start of the meeting.

Member enquiries – For further enquiries in relation to the Meeting please contact Hugh Treweeke at hugh.treweeke@perpetual.com.au.

1. Notice of Meeting

The Trust Company (RE Services) Limited (ABN 45 003 278 831; AFSL 235150) ( Perpetual ) in its capacity as responsible entity of the Alternative Investment Trust (ARSN 112 129 218; ASX code: AIQ) ( AIT ) hereby gives notice under sections 252B and 601FM(1A)(a) (as inserted by ASIC Class Order 13/519) of the Corporations Act 2001 that a meeting of members of AIT will be held to consider and vote on the resolutions referred to below ( Resolutions and each a Resolution ):

Resolution 1 – Removal Resolution

To be considered and, if thought fit, passed as an ordinary resolution:

"That The Trust Company (Re Services) Limited (ABN 45 003 278 831) be removed as responsible entity of AIT."

Resolution 2 – Appointment Resolution

To be considered and, if thought fit, passed as an ordinary resolution:

"Subject to resolution 1 being passed, One Managed Investment Funds Limited (ACN 117 400 987) be appointed as the responsible entity of AIT."

The meeting will be held at the time, date and place described below:

Place: Radisson Blu Plaza Hotel, 27 O’Connell Street, Sydney, NSW 2000

Date: 12 September 2016 Time: 3:00pm

The Resolutions are both ordinary resolutions. A Resolution will be passed if at least 50% of the votes cast by members of AIT entitled to vote on the Resolution and present at the meeting (either in person or by proxy) are cast in favour of the Resolution.

Dated: 9 August 2016

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................................................................................ Andrew Cannane Director The Trust Company (RE Services) Limited (ABN 45 003 278 831)

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2. Notes to the Notice of Meeting

2.1 Defined terms

Unless otherwise defined, capitalised terms in this Notice of Meeting have the same meaning as given in the Explanatory Memorandum to this Notice of Meeting.

2.2 Attendance at the Meeting

In the event that you do not wish to attend the Meeting you may complete and return the Proxy Form enclosed. However, you may attend and vote at the Meeting if you wish.

If you wish to cast your vote in person in relation to AIT, you or, if you are a body corporate, your corporate representative, may attend the Meeting.

2.3 Proxy

A Member who is entitled to attend and cast a vote at the Meeting may appoint 1 or 2 persons as the Member's proxy to attend and vote for the Member at the Meeting. A Member may appoint 2 persons as the Member's proxy where they are entitled to cast 2 or more votes.

Where 2 persons are appointed as proxies for a Member, the appointment may specify the proportion or number of votes each proxy is appointed to exercise. If the appointment does not specify the proportion or number of the Member's votes each proxy may exercise, each proxy may exercise half of the votes.

A proxy does not need to be a Member.

Members appointing a proxy must complete and sign the Proxy Form attached to this Notice of Meeting and Explanatory Memorandum. For an appointment of a proxy to be effective for the Meeting, the Proxy Form must be received by Link Market Services by any of the following methods at least 48 hours before the start of the Meeting.

ONLINE

www.linkmarketservices.com.au

Login to the Link website using the holding details as shown on the Proxy Form. Select ‘Voting’ and follow the prompts to lodge your vote. To use the online lodgement facility, unitholders will need their ‘Holder Identifier’ (Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as shown on the front of the Proxy Form).

BY MAIL

Alternative Investment Trust C/- Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Australia

BY FAX

+61 2 9287 0309

BY HAND

delivering it to Link Market Services Limited* 1A Homebush Bay Drive Rhodes NSW 2138

*During Business Hours (Monday to Friday, 9:00am-5:00pm)

Members appointing a proxy must also send/deposit the original or certified copy of any power of attorney or authority under which the proxy was signed (if applicable).

2.4

Corporate representatives

To vote at the Meeting (other than by proxy), a body corporate that is a Member may appoint a person to act as its representative. The appointment must set out what the representative is appointed to do and may set out restrictions on the representative's powers. If the appointment is to be by reference to a position held, the appointment must identify the position. The representative must bring to the Meeting evidence of their appointment, including any authority under which it is signed.

2.5

Before the Meeting

Members or their corporate representatives attending the Meeting should:

• (a) contact Perpetual and advise of their intended attendance;

• (b) arrive at the Meeting approximately 30 minutes prior to the time of commencement of the Meeting in order to:

• (i) have their membership confirmed against the register of AIT Members; and

• (ii) have any power of attorney or appointment as a corporate representative verified at the time of registration.

2.6

Chair

Perpetual will appoint a chair at or before the commencement of the Meeting ( Chair ).

The Chair will be responsible for the general conduct of the Meeting and for the procedures adopted by it. The Chair may adopt any procedures which in their opinion are necessary or desirable for the proper and orderly recording of votes at the Meeting.

The Chair's decision about general conduct and procedures is final.

2.7

Quorum

The quorum for the Meeting is 3 Members who are present. If a quorum is not present within 30 minutes after the time appointed for the Meeting, the Meeting is dissolved.

2.8

Voting

The Resolutions will be determined on a show of hands unless a poll is demanded.

On a show of hands each Member present (either in person or by proxy) will have 1 vote. On a poll, each Member present (either in person or by proxy) will have 1 vote for each dollar of the value of the total interests they have in AIT.

Under section 253E of the Corporations Act, the responsible entity of a registered scheme and its associates are not entitled to vote on a resolution if they have an interest in the resolution or matter other than as a member. However, if the scheme is listed, as is the

case with AIT, the responsible entity (i.e. Perpetual) and its associates are entitled to vote their interests on the Resolutions.

2.9 Ordinary resolution – removal of current responsible entity and appointment of new responsible entity

The Resolutions are both ordinary resolutions. A Resolution will be passed if at least 50% of the votes cast by Members entitled to vote on the Resolution and present at the meeting (either in person or by proxy) are cast in favour of the Resolution.

2.10 Jointly held units

If an interest in AIT is held jointly and more than 1 Member votes in respect of that interest, only the vote of the Member whose name appears first in the register of members' of AIT will be counted.

3. Explanatory Memorandum

3.1 Background

AIT is an Australian registered managed investment scheme that was listed on the Australian Securities Exchange in 2005. The investment strategy of AIT is to invest in absolute return funds (directly or indirectly) and other direct investments in equity and debt instruments with the aim of maximising return to Members over the longer term.

In January 2009, the Members of AIT approved the appointment of Perpetual to replace Everest Capital Investment Management Limited as the responsible entity of AIT. On its appointment as responsible entity of AIT, Perpetual appointed Laxey Partners (UK) Limited ( Laxey ) as the investment manager and, together with Laxey, commenced undertaking an orderly wind up of AIT so as to realise AIT's assets and provide an optimal return for Members.

AIT has exposure to its underlying investments via a total return swap agreement with Macquarie Bank ( Swap ). The Swap itself has three distinct elements, first, a basket of investments to which AIT has 100% exposure; secondly a basket of investments to which AIT has approximately 73% exposure and finally approximately 73% exposure to a secondary swap which in turn gives AIT exposure to a basket of investments which require a US onshore investor. Under the provisions of the Swap, Macquarie Bank Limited has the right to terminate the Swap in the event that there is a change in responsible entity of AIT, or any step is taken to appoint another responsible entity of AIT.

In early 2015 Perpetual initiated a process to consider a range of corporate initiatives to identify opportunities to take advantage of the inherent value of AIT. The process has included seeking expressions of interest from prospective investment managers to manage and implement a new investment strategy for AIT going forward to ensure the value of AIT is available to members.

As at the date of the Requisition Notice this process had been ongoing.

3.2 What is this document?

This Explanatory Memorandum for AIT sets out the background to the Resolutions as set out in the Notice of Meeting.

You are receiving this document as Perpetual's records indicate that you are a Member as at the date of this Notice of Meeting and Explanatory Memorandum.

Under section 252F of the Corporations Act, Perpetual is required to give Members at least 21 days' notice of a meeting of Members. This document provides that notice.

3.3 Why has the Meeting been called?

On 19 July 2016, Perpetual was issued with a notice of requisition of meeting pursuant to sections 252B and 601FM(1A) (as inserted by ASIC Class Order 13/519) of the Corporations Act ( Requisition Notice ). The Requisition Notice requested that Perpetual, in its capacity as responsible entity of AIT, call a meeting of members of AIT to consider and vote on the Resolutions.

In accordance with sections 252B and 601FM(1A) of the Corporations Act, Perpetual must call a meeting of Members within 21 days and hold the requested meeting within 2 months of receiving the Requisition Notice from the Requisitioning Members.

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The purpose of the Meeting is to vote on the Resolutions which, if passed, will result in Perpetual being replaced as the responsible entity of AIT by One Managed Investment Funds Limited ACN 117 400 987.

The Requisition Notice served on Perpetual was issued by the following Members, who together hold at least 5% of the votes that may be cast on the Resolutions:

• (a) Resurgence Capital Pty Limited ATF Resurgence Capital Unit Trust;

• (b) Molleen Pty Limited;

• (c) Valamoon Pty Limited ATF Danny Goldberg Superannuation Fund;

• (d) Dakota Capital Pty Limited;

• (e) SJA Pty Limited; and

• (f) Chriswall Holdings Pty Limited ATF David Goldberg Family Trust No. 4,

(together, the Requisitioning Members ).

3.4 Who is paying for the Meeting?

In accordance with section 252B(9) of the Corporations Act, Perpetual is responsible for the expenses of calling and holding the Meeting and distributing this document and may meet those expenses from the assets of AIT.

4. Passing of Resolutions

4.1

Replacing a responsible entity at the request of members

Under section 601FM of the Corporations Act, if members of a registered scheme want to remove the responsible entity, they may take action under Division 1 of Part 2G.4 of the Corporations Act for the calling of a members' meeting to consider and vote on a resolution that the current responsible entity should be removed and a resolution choosing a company to be the new responsible entity.

Under section 601FM(1A) of the Corporations Act (as inserted by ASIC Class Order 13/519), where a registered scheme is listed, the kind of resolution that members must pass to change the responsible entity is an ordinary resolution.

An ordinary resolution will be passed if more than 50% of the votes cast by members entitled to vote and present at the meeting (either in person or by proxy) are cast in favour of the resolution.

4.2

Consequences if both Resolutions are passed

If both Resolutions are passed, One Managed Investment Funds Limited ACN 117 400 987 will become the responsible entity of AIT, provided that One Managed Investment Funds Limited ACN 117 400 987 has first consented in writing to becoming the responsible entity of AIT.

The removal of Perpetual and the appointment of One Managed Investment Funds Limited ACN 117 400 987 will take effect upon the lodgement of a notice of change of responsible entity with ASIC (which must be completed and lodged by Perpetual as soon as possible and in any event within two business days after the Appointment Resolution is passed) and

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ASIC updating its records to name One Managed Investment Funds Limited ACN 117 400 987 as the responsible entity of AIT.

As a consequence of One Managed Investment Funds Limited ACN 117 400 987 becoming the responsible entity of AIT, the rights, obligations and liabilities of Perpetual in relation to AIT will become the rights, obligations and liabilities of One Managed Investment Funds Limited ACN 117 400 987 as the responsible entity of AIT.

4.3 Consequences if the Removal Resolution is not passed

If the Removal Resolution is not passed, Perpetual will remain as responsible entity of AIT.

4.4 Consequences if the Removal Resolution is passed but the Appointment Resolution is not passed

The Removal Resolution and the Appointment Resolution are not interdependent. This means that if members vote in favour of the Removal Resolution but do not vote in favour of the Appointment Resolution, AIT must be wound up in accordance with the Corporations Act.

5. What do I need to do?

5.1 Step 1 – read the Notice of Meeting and this Explanatory Memorandum:

Read this Notice of Meeting and Explanatory Memorandum in its entirety and decide how you will vote on the Resolutions. If you are in any doubt as to the course of action to be taken you should obtain professional advice without delay.

5.2

Step 2 – vote on the Resolutions:

Vote by using the attached Proxy Form and directing whether you vote in favour, against or abstain from voting on the Resolutions as a Member, or attend the Meeting and vote in favour, against or abstain from voting on the Resolutions.

Proxy Forms must be received by Link Market Services by no later than 48 hours before the Meeting. Originals of the Proxy Forms must be sent to Link Market Services.

5.3

Member enquiries:

If you have any questions, or wish to obtain more information on any matter contained in this Notice of Meeting and Explanatory Memorandum, please contact Hugh Treweeke at hugh.treweeke@perpetual.com.au.

6.

Further information

The Directors of Perpetual recommend Members read this Notice of Meeting and Explanatory Memorandum in full and, if in doubt, seek advice from their own independent financial or legal adviser as to the effect of the Resolutions before making any decision in relation to the Resolutions.

7.

Glossary

In this Notice of Meeting and Explanatory Memorandum:

AIT means Alternative Investment Trust ARSN 112 129 218;

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Appointment Resolution has the meaning given in the Notice of Meeting;

ASIC means the Australian Securities and Investments Commission;

Corporations Act means the Corporations Act 2001 (Cth);

Explanatory Memorandum means the explanatory memorandum contained in this document;

Link Market Services means Link Market Services Limited, AIT's unit registrar;

Meeting means the meeting of Members to be held at 3:00pm on 12 September 2016 at Radisson Blu Plaza Hotel, 27 O’Connell Street, Sydney, NSW 2000;

Member means a registered holder of units in AIT;

Notice of Meeting means the notice of meeting set out in this document pursuant to which the Meeting has been called by Perpetual;

Perpetual means The Trust Company (Re Services) Limited ABN 45 003 278 831 in its capacity as responsible entity of AIT;

Proxy Form means the proxy form attached to this Notice of Meeting and Explanatory Memorandum and in relation to the Meeting;

Removal Resolution has the meaning given in the Notice of Meeting;

Resolution means each of the Removal Resolution and the Appointment Resolution as set out in the Notice of Meeting;

Requisition Notice has the meaning given in section 3.3 of the Explanatory Memorandum; and

Requisitioning Members has the meaning given in section 3.3 of the Explanatory Memorandum.

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ALTERNATIVE INVESTMENT TRUST

ARSN 112 129 218

The Trust Company (RE Services) Limited as responsible entity of Alternative Investment Trust ABN 45 003 278 831 AFSL 23 51 50

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LODGE YOUR VOTE

ONLINE www.linkmarketservices.com.au

BY MAIL  Alternative Investment Trust C/- Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Australia  BY FAX +61 2 9287 0309

 BY HAND Link Market Services Limited 1A Homebush Bay Drive, Rhodes NSW 2138  ALL ENQUIRIES TO Telephone: +61 1300 554 474

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PROXY FORM

I/We being a member(s) of Alternative Investment Trust and entitled to attend and vote hereby appoint:

APPOINT A PROXY

the Chairman of the OR if you are NOT appointing the Chairman of the Meeting as your proxy, please write the name of the person or Meeting (mark box) body corporate you are appointing as your proxy

or failing the person or body corporate named, or if no person or body corporate is named, the Chairman of the Meeting, as my/our proxy to act on my/our behalf (including to vote in accordance with the following directions or, if no directions have been given and to the extent permitted by the law, as the proxy sees fit) at the Meeting of Members of the Trust to be held at 15:00pm on Monday, 12 September 2016 at Radisson Blu Plaza Hotel, 27 O’Connell Street, Sydney NSW 2000 (the Meeting ) and at any postponement or adjournment of the Meeting.

The Chairman of the Meeting intends to vote undirected proxies in favour of each item of business.

VOTING DIRECTIONS

Proxies will only be valid and accepted by the Trust if they are signed and received no later than 48 hours before the Meeting. Please read the voting instructions overleaf before marking any boxes with an T

Resolutions

For Against Abstain * 1 Removal Resolution

2 Appointment Resolution

 * If you mark the Abstain box for a particular Item, you are directing your proxy not to vote on your behalf on a show of hands or on a poll and your votes will not be counted in computing the required majority on a poll.

SIGNATURE OF UNITHOLDERS – THIS MUST BE COMPLETED

Unitholder 1 (Individual) Joint Unitholder 2 (Individual) Joint Unitholder 3 (Individual) Sole Director and Sole Company Secretary Director/Company Secretary (Delete one) Director

This form should be signed by the unitholder. If a joint holding, either unitholder may sign. If signed by the unitholder’s attorney, the power of attorney must have been previously noted by the registry or a certified copy attached to this form. If executed by a company, the form must be executed in accordance with the company’s constitution and the Corporations Act 2001 (Cth).

AIQ PRX1601A

HOW TO COMPLETE THIS UNITHOLDER PROXY FORM

YOUR NAME AND ADDRESS

This is your name and address as it appears on the Trust’s unit register. If this information is incorrect, please make the correction on the form. Unitholders sponsored by a broker should advise their broker of any changes. Please note: you cannot change ownership of your units using this form.

APPOINTMENT OF PROXY

If you wish to appoint the Chairman of the Meeting as your proxy, mark the box in Step 1. If you wish to appoint someone other than the Chairman of the Meeting as your proxy, please write the name of that individual or body corporate in Step 1. A proxy need not be a unitholder of the Trust.

DEFAULT TO CHAIRMAN OF THE MEETING

Any directed proxies that are not voted on a poll at the Meeting will default to the Chairman of the Meeting, who is required to vote those proxies as directed. Any undirected proxies that default to the Chairman of the Meeting will be voted according to the instructions set out in this Proxy Form.

VOTES ON ITEMS OF BUSINESS – PROXY APPOINTMENT

You may direct your proxy how to vote by placing a mark in one of the boxes opposite each item of business. All your units will be voted in accordance with such a direction unless you indicate only a portion of voting rights are to be voted on any item by inserting the percentage or number of units you wish to vote in the appropriate box or boxes. If you do not mark any of the boxes on the items of business, your proxy may vote as he or she chooses. If you mark more than one box on an item your vote on that item will be invalid.

APPOINTMENT OF A SECOND PROXY

You are entitled to appoint up to two persons as proxies to attend the Meeting and vote on a poll. If you wish to appoint a second proxy, an additional Proxy Form may be obtained by telephoning the Trust’s unit registry or you may copy this form and return them both together.

To appoint a second proxy you must:

LODGEMENT OF A PROXY FORM

This Proxy Form (and any Power of Attorney under which it is signed) must be received at an address given below by 15:00pm on Saturday, 10 September 2016, being not later than 48 hours before the commencement of the Meeting. Any Proxy Form received after that time will not be valid for the scheduled Meeting.

Proxy Forms may be lodged using the reply paid envelope or:

ONLINE 

www.linkmarketservices.com.au

Login to the Link website using the holding details as shown on the Proxy Form. Select ‘Voting’ and follow the prompts to lodge your vote. To use the online lodgement facility, unitholders will need their “Holder Identifier” (Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as shown on the front of the Proxy Form).

BY MAIL 

Alternative Investment Trust

C/- Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Australia

BY FAX



+61 2 9287 0309

 BY HAND

delivering it to Link Market Services Limited* 1A Homebush Bay Drive Rhodes NSW 2138

• During business hours (Monday to Friday, 9:00am–5:00pm)

• (a) on each of the first Proxy Form and the second Proxy Form state the percentage of your voting rights or number of units applicable to that form. If the appointments do not specify the percentage or number of votes that each proxy may exercise, each proxy may exercise half your votes. Fractions of votes will be disregarded; and

• (b) return both forms together.

SIGNING INSTRUCTIONS

You must sign this form as follows in the spaces provided: Individual: where the holding is in one name, the holder must sign.

Joint Holding: where the holding is in more than one name, either unitholder may sign.

Power of Attorney: to sign under Power of Attorney, you must lodge the Power of Attorney with the registry. If you have not previously lodged this document for notation, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001 ) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please indicate the office held by signing in the appropriate place.

CORPORATE REPRESENTATIVES

If a representative of the corporation is to attend the Meeting the appropriate “Certificate of Appointment of Corporate Representative” should be produced prior to admission in accordance with the Notice of Meeting. A form of the certificate may be obtained from the Trust’s unit registry or online at www.linkmarketservices.com.au.

IF YOU WOULD LIKE TO ATTEND AND VOTE AT THE MEETING OF MEMBERS, PLEASE BRING THIS FORM WITH YOU. THIS WILL ASSIST IN REGISTERING YOUR ATTENDANCE.

All communications to: Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Telephone: +61 1300 554 474 Facsimile: +61 2 9287 0309 Website: www.linkmarketservices.com.au

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APPOINTMENT OF CORPORATE REPRESENTATIVE

Pursuant to Section 250D and 253B of the Corporations Act 2001

This form may be used by a company or other body corporate which is a securityholder or which has been appointed as a proxy by a securityholder.

SRN/HIN Insert the name of the body corporate making the appointment Insert the SRN/HIN (as per proxy form) hereby appoints Insert the name of the appointee. Please note that multiple representatives can be appointed but only one representative may exercise the body corporate’s powers at any one time. to act as its representative at all meetings OR the meeting to be held on / / Insert the date of the meeting of Insert the name of the company holding the meeting SIGNATURES – THIS MUST BE COMPLETED Director Sole Director & Sole Secretary Common Seal Director/Secretary Date (if applicable) / / Information In order to be effective, the form must be received by Link Market Services Limited within the time limit (if any) specified in the relevant company’s constitution for receipt of Corporate Representative Appointments. You should check the time requirements with the company holding the meeting. The original of this form will be retained by the company. A body corporate may appoint an individual as a representative to exercise all or any of the powers the body corporate may exercise at meetings of a company’s members, creditors or debenture holders. The appointment may be by reference to a position held provided that the appointment identifies the position. The appointment must be executed in accordance with the body corporate’s constitution and (if applicable) section 127 of the Corporations Act 2001 . An appointment may be a standing one, which will continue until revoked. A permanent register of such appointments is maintained and so it is not necessary to evidence the appointment at each meeting.

A body corporate may appoint an individual as a representative to exercise all or any of the powers the body corporate may exercise at meetings of a company’s members, creditors or debenture holders. The appointment may be by reference to a position held provided that the appointment identifies the position.

If more than one representative is appointed, only one representative may exercise the body corporate’s powers at any one time.

Personal Information Collection Notification Statement: Link Group advises that personal information it holds about you (including your name, address, date of birth and details of the financial assets) is collected by Link Group organisations to administer your investment. Personal information is held on the public register in accordance with Chapter 2C of the Corporations Act 2001. Some or all of your personal information may be disclosed to contracted third parties, or related Link Group companies in Australia and overseas. Your information may also be disclosed to Australian government agencies, law enforcement agencies and regulators, or as required under other Australian law, contract, and court or tribunal order. For further details about our personal information handling practices, including how you may access and correct your personal information and raise privacy concerns, visit our website at www.linkmarketservices.com.au for a copy of the Link Group condensed privacy statement, or contact us by phone on +61 1800 502 355 (free call within Australia) 9am–5pm (Sydney time) Monday to Friday (excluding public holidays) to request a copy of our complete privacy policy.

Please bring this form to the Meeting with you or return by fax to +61 2 9287 0309. If you return by fax please bring the original with you to the relevant meeting.