CAR GROUP LIMITED — Capital/Financing Update 2022

Jun 26, 2022

Market Announcement

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27 June 2022

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carsales.com Limited (ASX: CAR) – Trading Halt

Description

The securities of carsales.com Limited (‘CAR’) will be placed in trading halt at the request of CAR, pending it releasing an announcement regarding the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Wednesday, 29 June 2022.

Issued by

Dean Litis

Principal Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

27 June 2022 ASX Limited

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27 June 2022

By E-mail: dean.litis@asx.com.au

Mr Dean Litis Principal Adviser, Listings Compliance ASX Limited Level 4, Rialto North Tower 525 Collins Street Melbourne VIC 3000

Dear Dean

carsales.com Limited – Request for Trading Halt under ASX Listing Rule 17.1

carsales.com Limited (ACN 074 444 018) (ASX: CAR) ( CAR ) requests its securities be placed in a trading halt from the commencement of trading today, Monday, 27 June 2022, pursuant to ASX Listing Rule 17.1.

The trading halt is requested pending an announcement by CAR in connection with a capital raising to be undertaken by way of a pro-rata accelerated non-renounceable entitlement offer ( Entitlement Offer ).

CAR requests the trading halt remains in place until the earlier of:

• (a) an announcement being made by CAR about the completion of the institutional component of the Entitlement Offer; or

• (b) the commencement of trading on Wednesday, 29 June 2022.

CAR is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Please contact me if you require any additional information.

Yours sincerely

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Nicole Birman Company Secretary carsales.com Limited

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