ARTICORE GROUP LIMITED — Major Shareholding Notification 2021

Dec 12, 2021

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

REDBUBBLE LIMITED

119 200 592

1. Details of substantial holder(1)

Name

OSMIUM PARTNERS, LLC

ACN/ARSN (if applicable)

There was a change in the interests of the 09 12 2021 substantial holder on / / 19 08 2021 The previous notice was given to the company on / / The previous notice was dated 19 08 2021 / /

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY SHARES	13,813,925	5.0%	16,762,230	6.1%
ADR each representing 10 ordinary shares	10,000	0.0%	10,000	0.0%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
Please re	fer to Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Please re	fer to Annexure A

604 page 2/2 15 July 2001

Signature print name capacity sign here date / / 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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 6. Addresses The addresses of persons named in this form are as follows: Name Address DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6) Include details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. OSMIUM PARTNERS, LLC FUND MANAGER MANAGING MEMBER OF OSMIUM PARTNERS, LLC FOR ITSELF AND AS GENERAL PARTNER OF OSMIUM CAPITAL, L OSMIUM CAPITAL II, LP, OSMIUM SPARTAN LP, AND OSMIUM DIAMOND, LP OSMIUM PARTNERS, LLC JOHN H. LEWIS JOHN H. LEWIS 300 DRAKES LANDING RD. SUITE 172, GREENBRAE, CA 94904, USA 300 DRAKES LANDING RD. SUITE 172, GREENBRAE, CA 94904, USA JOHN H. LEWIS MANAGING MEMBER OF OSMIUM PARTNERS, LLC FOR ITSELF AND AS GENERAL PARTNER OF OSMIUM CAPITAL, LP OSMIUM CAPITAL II, LP, OSMIUM SPARTAN, LP, AND OSMIUM DIAMOND, LP 12 12 2021

P ,

3. Change of Relevant Interests

Date of Change	Person whose relevant interest changed	Nature of Change (6)	Consideration given in relation to change (7)	Number of Securities affected	Class of Securities	Person's Votes affected
8/31/2021	Osmium Diamond LP	ACQUISITION	216,320 $	50,000	ORDINARY	50,000
9/2/2021	Osmium Diamond LP	ACQUISITION	170,591 $	42,500	ORDINARY	42,500
9/29/2021	Osmium Diamond LP	ACQUISITION	876,460 $	200,000	ORDINARY	200,000
9/29/2021	Osmium Spartan LP	SALE	(876,460) $	(200,000)	ORDINARY	(200,000)
10/7/2021	Osmium Diamond LP	ACQUISITION	440,510 $	100,000	ORDINARY	100,000
10/8/2021	Osmium Diamond LP	ACQUISITION	338,835 $	75,000	ORDINARY	75,000
10/14/2021	Osmium Capital LP	ACQUISITION	39,664 $	10,000	ORDINARY	10,000
10/14/2021	Osmium Capital II LP	ACQUISITION	198,320 $	50,000	ORDINARY	50,000
10/14/2021	Osmium Diamond LP	ACQUISITION	297,480 $	75,000	ORDINARY	75,000
10/14/2021	Osmium Spartan LP	ACQUISITION	59,496 $	15,000	ORDINARY	15,000
11/5/2021	Osmium Capital LP	ACQUISITION	175,780 $	46,000	ORDINARY	46,000
11/5/2021	Osmium Capital II LP	ACQUISITION	68,783 $	18,000	ORDINARY	18,000
11/5/2021	Osmium Diamond LP	ACQUISITION	80,247 $	21,000	ORDINARY	21,000
11/5/2021	Osmium Spartan LP	ACQUISITION	57,320 $	15,000	ORDINARY	15,000
11/9/2021	Osmium Diamond LP	ACQUISITION	283,500 $	75,000	ORDINARY	75,000
11/12/2021	Osmium Capital II LP	ACQUISITION	130,414 $	35,000	ORDINARY	35,000
11/12/2021	Osmium Spartan LP	ACQUISITION	130,414 $	35,000	ORDINARY	35,000
11/15/2021	Osmium Capital II LP	ACQUISITION	160,430 $	42,672	ORDINARY	42,672
11/15/2021	Osmium Spartan LP	ACQUISITION	121,540 $	32,328	ORDINARY	32,328
11/17/2021	Osmium Capital II LP	ACQUISITION	164,700 $	45,000	ORDINARY	45,000
11/17/2021	Osmium Spartan LP	ACQUISITION	109,800 $	30,000	ORDINARY	30,000
11/23/2021	Osmium Capital LP	ACQUISITION	51,971 $	15,000	ORDINARY	15,000
11/23/2021	Osmium Capital II LP	ACQUISITION	207,882 $	60,000	ORDINARY	60,000
11/24/2021	Osmium Capital II LP	ACQUISITION	227,481 $	65,000	ORDINARY	65,000
11/26/2021	Osmium Capital LP	ACQUISITION	171,350 $	50,000	ORDINARY	50,000
11/26/2021	Osmium Capital LP	ACQUISITION	169,140 $	50,000	ORDINARY	50,000
11/26/2021	Osmium Capital II LP	ACQUISITION	84,570 $	25,000	ORDINARY	25,000
11/26/2021	Osmium Capital II LP	ACQUISITION	68,540 $	20,000	ORDINARY	20,000
11/26/2021	Osmium Diamond LP	ACQUISITION	102,810 $	30,000	ORDINARY	30,000
11/29/2021	Osmium Capital LP	ACQUISITION	520,125 $	150,000	ORDINARY	150,000
11/29/2021	Osmium Diamond LP	ACQUISITION	173,375 $	50,000	ORDINARY	50,000
11/29/2021	Osmium Spartan LP	ACQUISITION	173,375 $	50,000	ORDINARY	50,000
11/30/2021	Osmium Capital LP	ACQUISITION	745,185 $	210,000	ORDINARY	210,000
11/30/2021	Osmium Diamond LP	ACQUISITION	354,850 $	100,000	ORDINARY	100,000
11/30/2021	Osmium Diamond LP	ACQUISITION	248,304 $	70,000	ORDINARY	70,000
11/30/2021	Osmium Spartan LP	ACQUISITION	141,940 $	40,000	ORDINARY	40,000
12/1/2021	Osmium Capital LP	ACQUISITION	169,835 $	50,000	ORDINARY	50,000
12/1/2021	Osmium Capital II LP	ACQUISITION	84,918 $	25,000	ORDINARY	25,000
12/1/2021	Osmium Diamond LP	ACQUISITION	84,918 $	25,000	ORDINARY	25,000
12/1/2021	Osmium Spartan LP	ACQUISITION	169,835 $	50,000	ORDINARY	50,000
12/2/2021	Osmium Capital LP	ACQUISITION	428,213 $	125,000	ORDINARY	125,000
12/2/2021	Osmium Diamond LP	ACQUISITION	85,643 $	25,000	ORDINARY	25,000
12/6/2021	Osmium Capital LP	ACQUISITION	157,760 $	50,000	ORDINARY	50,000
12/6/2021	Osmium Capital II LP	ACQUISITION	315,520 $	100,000	ORDINARY	100,000
12/6/2021	Osmium Spartan LP	ACQUISITION	315,520 $	100,000	ORDINARY	100,000
12/8/2021	Osmium Capital LP	ACQUISITION	502,410 $	150,000	ORDINARY	150,000
12/8/2021	Osmium Diamond LP	ACQUISITION	167,470 $	50,000	ORDINARY	50,000
12/8/2021	Osmium Spartan LP	ACQUISITION	167,470 $	50,000	ORDINARY	50,000
12/9/2021	Osmium Capital LP	ACQUISITION	306,000 $	100,000	ORDINARY	100,000
12/9/2021	Osmium Diamond LP	ACQUISITION	153,000 $	50,000	ORDINARY	50,000
12/10/2021	Osmium Capital LP	ACQUISITION	488,700 $	150,000	ORDINARY	150,000
12/10/2021	Osmium Spartan LP	ACQUISITION	81,450 $	25,000	ORDINARY	25,000
12/10/2021	Osmium Diamond LP	ACQUISITION	81,450 $	25,000	ORDINARY	25,000
6/18/2020	John H. Lewis	ACQUISITION	1,505 $	1,001	ORDINARY	1,001
6/18/2020	John H. Lewis	ACQUISITION	151 $	100	ORDINARY	100
7/12/2020	John H. Lewis	ACQUISITION	7,999 $	4,178	ORDINARY	4,178
7/13/2020	John H. Lewis	ACQUISITION	1,920 $	1,000	ORDINARY	1,000
7/13/2020	John H. Lewis	ACQUISITION	1,920 $	1,000	ORDINARY	1,000
7/13/2020	John H. Lewis	ACQUISITION	1,920 $	1,000	ORDINARY	1,000
7/15/2020	John H. Lewis	ACQUISITION	2,973 $	1,526	ORDINARY	1,526

4. Present of relevant Interests

4. Present of relevant	Interests
Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest(6)	Class and number of securities	Person's Votes
Osmium Capital,LP	Osmium Capital,LP	BENEFICIAL	8,501,959 ORDINARY SHARES	8,651,959
Osmium Capital II,LP	Osmium Capital II,LP	BENEFICIAL	2,114,516 ORDINARY SHARES	2,114,516
Osmium Spartan,LP	Osmium Spartan,LP	BENEFICIAL	1,573,683 ORDINARY SHARES	1,598,683
Osmium Diamond,LP	Osmium Diamond,LP	BENEFICIAL	4,049,743 ORDINARY SHARES	4,074,743
John H. Lewis	John H. Lewis	DIRECT	322,329 ORDINARY SHARES	322,329
Osmium Capital,LP	Osmium Capital,LP	BENEFICIAL	500 ADR	5,000
Osmium Capital II,LP	Osmium Capital II,LP	BENEFICIAL	200 ADR	2,000
Osmium Spartan,LP	Osmium Spartan,LP	BENEFICIAL	-	-
Osmium Diamond,LP	Osmium Diamond,LP	BENEFICIAL	300 ADR	3,000
			Total	16,772,230

Name: John H. Lewis

Date: 12/12/2021

Signature:

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