AUSSIE BROADBAND LIMITED — Capital/Financing Update 2021

Sep 14, 2021

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ASX Announcement 15 September 2021

Cleansing Notice

Aussie Broadband Limited (ASX:ABB) (Company) advises that it has issued 28,500,000 fully paid ordinary shares (New Shares) in accordance with the Company's ASX announcement of 8 September 2021 regarding the Company successfully raising a total of $114 million (before costs) in a placement to institutional, sophisticated and professional investors (Placement) by the issue of New Shares at $4.00 per New Share.

Notification under s 708A(5)(e) of the Corporations Act

This notice is given by the Company under Section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

The Company hereby confirms that:

1. The Company has issued 28,500,000 fully paid ordinary shares in the Company in relation to the Placement with an issue price of $4.00 per share, without disclosure to investors under Part 6D.2 of the Corporations Act.

2. The Company is providing this notice under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, the Company, as a disclosing entity under the Corporations Act, has complied with:

   • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (b) section 674 of the Corporations Act as it applies to the Company.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Corporations Act, which is required to be disclosed by the Company.

This ASX announcement dated 15 September 2021 has been authorised for release by the Board of Directors of Aussie Broadband Limited.

ENDS

Authorised for release by the Aussie Broadband Board.

For media enquiries please contact Katrina Salhioui on 0448 110 962

For registry queries please contact Link Market Services on 1300 554 474

For other enquiries please email investors@team.aussiebroadband.com.au

About Aussie Broadband Limited:

Aussie Broadband is an Australian owned and operated telecommunications company that was formed in 2008 and is based in Morwell Victoria, Australia.

The company’s main focus is nbn™ (NBN) subscription plans and bundles to residential homes, small businesses, not-for-profits, corporate/enterprise and managed service providers.

As a licensed carrier, the company provides these services through a wholesale agreement with NBN Co, a mix of leased backhaul infrastructure from third parties and its own network equipment.

The company also offers a range of other telecommunications services including VOIP, mobile plans and handsets, entertainment bundles through its partnership with Fetch TV and connections through its own fibre, the Opticomm network and its white label platform.