BETMAKERS TECHNOLOGY GROUP LTD — Major Shareholding Notification 2022

May 15, 2022

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To: Betmakers Technology Group Ltd ACN/ARSN: 21 164 521 395 Source: Name: Perennial Value Management Limited ACN: 22 090 879 904 The holder became a substantial shareholder on: 13 May 2022

Australian Business Register

2. Details of Voting Power

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder are as follows:

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----- Start of picture text ----- Class of securities Number of securities Person’s votes Voting Power (%)Ordinary 47,520,248 47,520,248 5.26----- End of picture text -----

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a susbstantial holder are as follows:

Holder of relevant interest	Nature of relevenat interest	Class & number of securities (Ord)	Class & number of securities (Ord)
Perennial Value Management	Investment Manager		47,520,248
Limited

4. Details of present registered holders

The persons registered as holders of the securities referred to paragraph 3 above are as follows:

HoldPereLimitPereLimitPereLimitPereLimit	er of relevant interestRegistered holder of securitiesPerson entitled to be registered asholderClass & number ofsecurities (Ord)	er of relevant interestRegistered holder of securitiesPerson entitled to be registered asholderClass & number ofsecurities (Ord)	er of relevant interestRegistered holder of securitiesPerson entitled to be registered asholderClass & number ofsecurities (Ord)
	nnial Value ManagementedNational Asset ServicingNational Asset Servicing15,212,378
	nnial Value Management	5,167,636
	edNorthern TrustNorthern Trustnnial Value ManagementedBNP Paribas Securities ServicesBNP Paribas Securities Services7,832,306nnial Value ManagementCiticorp Nominees Pty LimitedCiticorp Nominees Pty Limited19,307,928
	ed

5. Consideration

The consideration paid for each relevant interest referred to paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

PereLimitPereLimitPereLimitHold	nnial Value ManagementedNational Asset Servicingnnial Value ManagementedNational Asset Servicingnnial Value ManagementedNational Asset Servicinger of relevant interestDate of acquisition	CashNon-cash820,299.40$ 1,779,345558,356.07$ 1,211,153170006.48$ 368768ConsiderationClass & and number ofsecurities
		, ,

6. Associates

The reasons the persons above in paragraph 3 above are associates of the substantial holder are as follows:

Name & ACN	Nature of association
Not applicable

7. Addresses

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

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----- Start of picture text ----- Name AddressPerennial Value Management Level 27, 88 Phillip StLimited Sydney NSW 2000Betmakers Technology Group PO Box 33, Broadmeadow, Nsw 2292LtdSignaturePrint Name Bill Anastasopoulos Capacity Company SecretarySign Here Date 16/05/2022----- End of picture text -----