AMCIL LIMITED — Net Asset Value 2022

Feb 28, 2022

1 March 2022

The Manager ASX Market Announcements Australian Securities Exchange Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000

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Electronic Lodgement

AMCIL Limited Estimated NTA – 28 February 2022

The estimated net tangible asset backing (NTA) before tax as at 28 February 2022 is $1.15 per share.

The before tax number relates to the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long-term investor and does not intend disposing of its total long term investment portfolio.

It is expected the more complete NTA announcement which includes performance figures will be released later this week.

Directors note the Company’s share purchase plan offer to shareholders is due to close on 2 March 2022.

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Matthew Rowe Company Secretary

Release authorised by the Chairman of AMCIL Limited