APPEN LIMITED — Major Shareholding Notification 2021

Jul 4, 2021

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Appen Ltd.

ACN/ARSN

1. Details of substantial holder (1)

Name The Capital Group Companies, Inc. ("CGC"), and its related bodies corporate *

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 01-Jul-2021 The previous notice was given to the company on 28-May-2021 The previous notice was dated 28-May-2021

• The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of five investment management companies (“CGII management companies”): Capital International, Inc., Capital International Limited, Capital International Sàrl,Capital International K.K, and Capital Group Private Client Services, Inc.CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of your company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

2. Changes in relevant interests

Particulars of each change in , or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
See Annexure "A"

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
N/A

4. Addresses

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

of persons named in this form are as follows:
Name	Address
See Annexure "B"

Signature

print name Donald H. Rolfe capacity Authorized Signer sign here date 02-Jul-2021

Annexure "A"

2. Changes in relevant interests (from 27-May-2021 to 01-Jul-2021 )

Particulars of each change in , or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
27-May-2021	Capital Research and Management Company	Acquired on market	1,588,488.00 AUD	120,000 Common Stock	120,000
28-May-2021	Capital Research and Management Company	Acquired on market	1,156,987.34 AUD	86,463 Common Stock	86,463
31-May-2021	Capital Research and Management Company	Acquired on market	1,476,838.00 AUD	110,000 Common Stock	110,000
01-Jun-2021	Capital Research and Management Company	Acquired on market	2,300,788.25 AUD	176,284 Common Stock	176,284
02-Jun-2021	Capital Research and Management Company	Acquired on market	1,860,161.50 AUD	145,000 Common Stock	145,000
03-Jun-2021	Capital Research and Management Company	Acquired on market	1,299,210.00 AUD	100,000 Common Stock	100,000
04-Jun-2021	Capital Research and Management Company	Acquired on market	1,274,512.29 AUD	102,877 Common Stock	102,877
16-Jun-2021	Capital Research and Management Company	Disposed on market	-2,515,283.87 AUD	-186,443 Common Stock	-186,443
24-Jun-2021	Capital Research and Management Company	Disposed on market	-2,362,946.74 AUD	-162,413 Common Stock	-162,413
25-Jun-2021	Capital Research and Management Company	Disposed on market	-2,190,926.38 AUD	-150,857 Common Stock	-150,857
25-Jun-2021	Capital Research and Management Company	Disposed on market	-647,507.18 AUD	-44,365 Common Stock	-44,365
30-Jun-2021	Capital Research and Management Company	Disposed on market	-2,927,025.80 AUD	-212,935 Common Stock	-212,935
30-Jun-2021	Capital Research and Management Company	Disposed on market	-429,991.20 AUD	-31,617 Common Stock	-31,617
01-Jul-2021	Capital Research and Management Company	Disposed on market	-8,089,209.39 AUD	-583,170 Common Stock	-583,170

This is Annexure "A" referred to in the Form 605 "Notice of ceasing to be a substantial holder"

Signature

The Capital Group Companies, Inc.

print name sign here	Donald H. Rolfe capacity Authorized Signer
	date 02-Jul-2021

Annexure "B"

4. Addresses

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

of persons named in this form are as follows:
Name	Address
The Capital GroupCompanies, Inc.	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA
Capital Research and Management Company	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA
Capital International Sarl	3,place des Bergues, Geneva 1201, Switzerland
Capital International, Inc.	333 South Hope Street, Los Angeles CA 90071, USA

This is Annexure "B" referred to in the Form 605 "Notice of ceasing to be a substantial holder"

Signature The Capital Group Companies, Inc.

print name Donald H. Rolfe capacity Authorized Signer sign here date 02-Jul-2021