BAPCOR LIMITED — Capital/Financing Update 2020

Apr 21, 2020

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22 April 2020

The Manager Market Announcements Office ASX Limited Level 4 North Tower, Rialto 525 Collins Street Melbourne VIC 3000

Dear Sir / Madam

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Bapcor Limited (ACN 153 199 912) ( Bapcor ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Act ) as modified by ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 .

Bapcor has today issued 40,909,091 new fully paid ordinary shares ( New Shares ) at an issue price of $4.40 per New Share to institutional investors pursuant to a placement to raise approximately $180 million that was first announced on Thursday, 16 April 2020.

Bapcor confirms that:

• (a) the New Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is being given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, Bapcor has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to Bapcor; and

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Act.

Yours sincerely

Greg Fox Company Secretary