ARN MEDIA LIMITED — Director's Dealing 2024

May 28, 2024

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	ARN Media Limited
ABN	95 008 637 643

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	Ciaran Davis
Date of last notice	24 May 2023

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 disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Held through a family trust, the “Davis Investments Trust”.
Date of change	14 May 2024
No. of securities held prior to change	A. 1,329,403 A. 649,736
Class	A. Ordinary Shares B. Performance Rights under the Company’s incentive plans (Performance Rights)
Number acquired	A. 3,125 B. 1,202,456
Number disposed	A. Nil B. 571,661
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	A. Nil B. Nil
No. of securities held after **change **	A. 1,332,528 B. 1,280,531

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

• 159,610 – Grant of Deferred Rights: under the Company’s FY23 Total Incentive Plan as approved by shareholders at the Company’s AGM on 14 May 2024. • 1,006,712 – Grant of Performance Rights under the Company’s Retention Scheme as approved by shareholders at the Company’s AGM on 14 May 2024. • 36,134 – Dividend Uplift: Additional Performance Rights issued for dividends paid by the Company in accordance with the Company’s Total Incentive Plan (including 3,125 for dividend uplift rights that immediately vested). • (571,661) – Rights exercised / vested, for the 2021 TIP. • Refer to the Company’s 2023 Annual Report at page 60 for Reconciliation of Rights and page 124 for Ordinary Shares. • All of Mr Davis’s interests are now held through the family trust, the “Davis Investments Trust”.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3