ARC FUNDS LIMITED — Director's Dealing 2025

Nov 9, 2025

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity : ARC Funds Limited ABN: 52 001 746 710

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Harley Grosser
Date of last notice	19 March 2025

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be

disclosedin this part.
Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Director/Shareholder of Capital H Groupconsisting of:•Capital H Inception Fund•Capital H A/C•Capital H Management Pty LtdAnd Director/Shareholder of:•HJG Family Nominees Pty Ltd
Date of change	6 November 2025
No. of securities held prior to change	7,490,262 Ordinary Shares – Capital HInception Fund;199,422 Ordinary Shares – Capital HManagement Pty Ltd <Capital H A/C>;3,444,583 Ordinary Shares - HJG FamilyNominees PtyLtd
Class	Ordinary Shares
Number acquired	22,500 (HJG Family Nominees Pty Ltd)
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.125 per share

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	7,490,262 Ordinary Shares – Capital H
	Inception Fund;
	199,422 Ordinary Shares – Capital H
	Management Pty Ltd <Capital H A/C>;
	3,467,083 Ordinary Shares - HJG Family
	NomineesPtyLtd
Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011