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ARC FUNDS LIMITED Capital/Financing Update 2021

May 27, 2021

64416_rns_2021-05-27_ea3dea5b-50bd-4516-a0bd-558c6ecd48c0.pdf

Capital/Financing Update

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28 May 2021

EXTENSION OF CLOSING DATE – PRO-RATA ENTITLEMENT OFFER

On 10 May 2021 Australian Rural Capital Limited ( the Company ) (ASX code: ARC) announced a ProRata Non-Renounceable Entitlement Offer to eligible shareholders to raise up to approximately $3.127 million before costs ( Offer ).

The closing date for the Offer is now 5.00pm (AEST) on Monday, 7 June 2021.

The extension of the closing date, originally 28 May 2021 and previously extended to 2 June 2021, will allow eligible shareholders additional time to consider participation in the Offer.

The revised timetable for the remaining dates is set out below:

Event Date
Entitlement Offer closes 5.00pm on Monday, 7 June 2021
Announcement of Results of Entitlement Offer Thursday, 10 June 2021
Issue of New Shares under the Entitlement Offer Monday, 14 June 2021
Normal trading of New Shares issued under theEntitlement Offer Tuesday, 15 June 2021

*Australian Rural Capital reserves the right, in its discretion, to vary these dates by making an announcement to the ASX. All references to a time are to Australian Eastern Standard Time (AEST).

By order of the Board of Directors.

For Further Details contact: James Jackson, Executive Chairman Mobile: 0402435762 Email: [email protected]

Mark Licciardo, Company Secretary Phone: +61 3 8689 9997 Email: [email protected]

Australian Rural Capital Limited ABN 52 001 746 710

c/- Mertons Corporate Services, Level 7, 330 Collins Street, Melbourne VIC 3000 phone: +61 3 8689 9997

B:10366442_2 KHA