CALIX LIMITED — Major Shareholding Notification 2021

Jul 8, 2021

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Calix Ltd ABN/CAN 36 117 372 540

Source:

Australian Business Register

1. Details of substantial holder:

Name: Perennial Value Management Limited (PVM) ACN: 090 879 904

There holder ceased to be a substantial holder on 7 July 2021

The previous notice was given to the company on 28 May 2021

The previous notice was dated 26 May 2021

2. 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

Date of change	Person whose relevant interestchanged	Nature of change	Consideration given inrelation to change	Class & number ofsecurities affected (ORD)	Person's votesaffected
27/05/2021	National Asset Servicing	BuyOn the Market	45,645.70	16,659	16,659
27/05/2021	National Asset Servicing	Buyon the Market	68,290.48	24,563	24,563
27/05/2021	National Asset Servicing	Buyon the Market	14,195.95	5,181	5,181
27/05/2021	National Asset Servicing	Buyon the Market	21,238.08	7,639	7,639
2/06/2021	National Asset Servicing	Sell On the Market	176,406.70	61,139	61,139
2/06/2021	National Asset Servicing	Sell On the Market	38,429.82	13,319	13,319
7/06/2021	National Asset Servicing	Buyon the Market	17,665.97	6,885	6,885
8/06/2021	National Asset Servicing	Buyon the Market	8,576.92	3,289	3,289
8/06/2021	National Asset Servicing	Buyon the Market	12,012.93	4,575	4,575
8/06/2021	National Asset Servicing	Buyon the Market	17,500.69	6,711	6,711
8/06/2021	National Asset Servicing	Buyon the Market	24,503.76	9,332	9,332
9/06/2021	National Asset Servicing	Buyon the Market	1,922.95	731	731
9/06/2021	National Asset Servicing	Buyon the Market	3,922.19	1,491	1,491
16/06/2021	National Asset Servicing	Buyon the Market	18,352.72	6,955	6,955
16/06/2021	National Asset Servicing	Buyon the Market	3,320.77	1,272	1,272
16/06/2021	National Asset Servicing	Buyon the Market	6,133.05	2,340	2,340
16/06/2021	National Asset Servicing	Buyon the Market	9,873.27	3,753	3,753
16/06/2021	National Asset Servicing	Buyon the Market	36,219.89	13,726	13,726
16/06/2021	National Asset Servicing	Buyon the Market	1,683.87	645	645
16/06/2021	National Asset Servicing	Buyon the Market	3,108.46	1,186	1,186
16/06/2021	National Asset Servicing	Buyon the Market	5,003.72	1,902	1,902
17/06/2021	National Asset Servicing	Buyon the Market	1,509.09	587	587
17/06/2021	National Asset Servicing	Buyon the Market	2,982.18	1,160	1,160
21/06/2021	National Asset Servicing	Buyon the Market	25,630.13	9,937	9,937
28/06/2021	National Asset Servicing	Buyon the Market	3,489.89	1,347	1,347
28/06/2021	National Asset Servicing	Buyon the Market	16,523.94	6,257	6,257
28/06/2021	National Asset Servicing	Buyon the Market	26,440.82	10,000	10,000
1/07/2021	National Asset Servicing	Buyon the Market	100,480.64	38,187	38,187
1/07/2021	National Asset Servicing	Sell On the Market	234,821.25	90,515	90,515
1/07/2021	National Asset Servicing	Sell On the Market	981,444.66	378,311	378,311
1/07/2021	National Asset Servicing	Sell On the Market	80,874.09	31,174	31,174
2/07/2021	National Asset Servicing	Buyon the Market	75,772.50	28,703	28,703
6/07/2021	BNP Paribas Securities Services	Sell On the Market	61,192.31	20,405	20,405
7/07/2021	BNP Paribas Securities Services	Sell On the Market	377,885.86	128,816	128,816
7/07/2021	BNP Paribas Securities Services	Sell On the Market	30,843.16	10,514	10,514
7/07/2021	CiticorpNominees PtyLimited	Sell On the Market	677,264.53	230,870	230,870
7/07/2021	National Asset Servicing	Sell On the Market	761,504.99	238,495	238,495
7/07/2021	National Asset Servicing	Sell On the Market	645,284.45	202,096	202,096
7/07/2021	National Asset Servicing	Sell On the Market	236,598.16	80,653	80,653
7/07/2021	National Asset Servicing	Sell On the Market	189,690.56	59,409	59,409
7/07/2021	National Asset Servicing	Sell On the Market	144,174.30	49,147	49,147

3. Changes in Association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder

Name & ACN Nature of association Not applicable

4. Addresses

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

Name	Address
Perennial Value	Level 27, 88 Phillip St
Management Limited	Sydney NSW 2000
Calix Ltd	Calix Ltd9-11 Bridge Street Level 1,Pymble,Nsw 2073
Signature
Print Name	Bill Anastasopoulos	Capacity	Company Secretary
Sign Here		Date	8/07/2021