APPEN LIMITED — Capital/Financing Update 2017

Dec 5, 2017

==> picture [152 x 40] intentionally omitted <==

Level 6, 9 Help Street Chatswood, NSW 2067 Tel + 61 2 9468 6300 Fax + 61 2 9468 6311

ASX ANNOUNCEMENT

6 December 2017

DISCLOSURE NOTICE UNDER SUBSECTION 708A(5)(e) OF THE CORPORATIONS ACT

Appen Limited ( ASX: APX ) ( Appen ) today gives this notice in accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

1. Appen on 6 December 2017 issued 4,310,345 new fully paid ordinary shares ( Placement Shares ) to exempt investors under section 708 of the Corporations Act pursuant to a placement, the results of which were announced to the ASX on 30 November 2017.

2. The Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

3. As a disclosing entity, Appen is subject to regular reporting and disclosure obligations.

• As at the date of this notice, Appen has complied with:

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

• (ii) section 674 of the Corporations Act as it applies to Appen.

1. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Corporations Act.

Appen also intends to rely on this notice in relation to the offer and issue of shares under a Share Purchase Plan to be made in accordance with ASIC Class Order [CO 09/425], which was announced to ASX on 30 November 2017.

Please contact for more information:

Kevin Levine (CFO) klevine@appen.com +612 9468 6322.

Leanne Ralph (Company Secretary) leanne.ralph@boardworx.net.au

1