AUSSIE BROADBAND LIMITED — Major Shareholding Notification 2021

May 19, 2021

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Aussie Broadband Ltd (ABB) ACN/ARSN 132 090 192 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821 The holder ceased to be a substantial holder on 18/05/2021 The previous notice was given to the company on 17/05/2021 The previous notice was dated 13/05/2021

2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 Person whose relevant Nature of change Consideration given in relation to Class (6) and number of Person's votes change interest changed (4) change(5) securities affected affected Refer annexure 1

3. Changes in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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 NOT APPLICABLE 4. Addresses The addresses of persons named in this form are as follows: Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY PHILIP KING NSW 2000 Signature print name Kenny Ho capacity Company Secretary sign here date 20/05/2021

4. Addresses

The addresses of persons named in this form are as follows:

Annexure 1

Changes in relevant interests

Date	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Number of securities affected	Class of securities	Persons votes affected
14/05/2021	Regal Funds Management	Sell	416730.00	150000	Ordinary	150000
14/05/2021	Regal Funds Management	Sell	1501940.00	550000	Ordinary	550000
14/05/2021	Regal Funds Management	Sell	283500.00	100000	Ordinary	100000
17/05/2021	Regal Funds Management	Sell	109691.57	39898	Ordinary	39898
18/05/2021	Regal Funds Management	Sell	441456.00	160000	Ordinary	160000
18/05/2021	Regal Funds Management	Sell	68212.50	25000	Ordinary	25000