CD PRIVATE EQUITY FUND I — AGM Information 2023

Jun 18, 2023

19 June 2023

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CD Private Equity Fund I (CD1.ASX) Chair’s Address General Meeting

Good Morning Unitholders and welcome to the General Meeting of CD Private Equity Fund I. My name is Stuart Nisbett. I am the Chair of E&P Investments Limited, the responsible entity for CD Private Equity Fund I. On behalf of your board, it is my pleasure to welcome you to this meeting. I have been appointed as the Chair of this meeting.

The purpose of this meeting is for the unitholders to consider, and if thought fit, approve a proposal for the replacement of E&P Investments Limited as Responsible Entity of the fund, with K2 Asset Management Limited by ordinary resolution.

The independent directors of the responsible entity recommend that unitholders vote in favour of the resolution. Warwick Keneally as a non-independent director has abstained from recommending the proposal in line with the Responsible Entities conflicts management processes.

Authorised for release by E&P Investments Limited (ACN 152 367 649, AFSL 410 433), the responsible entity of CD Private Equity Fund I.

Level 32, 1 O’Connell Street Sydney NSW 2000 cdfunds.com.au T 1300 454 801 F 1300 883 159 E info@cdfunds.com.au ARSN 158 625 284

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General Meeting

CD Private Equity Fund I (ASX:CD1)(Fund)

19 June 2023

Online attendees – question process

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Agenda

Chair’s welcome

Purpose of the Meeting

Formal Business of the Meeting

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Purpose of the Meeting

Change of Responsible Entity

The Resolution put to unitholders is to appoint K2 Asset Management Ltd ( K2 ) as responsible entity for the Fund, replacing E&P Investments Limited ( E&PIL ).

If Unitholders approve the resolution at today’s meeting, E&PIL will sign and lodge with the Australian Securities & Investments Commission ( ASIC ) a notice asking ASIC to give effect to the change of responsible entity; and on the date ASIC records the change, E&PIL will resign, and K2 will take office, as the new responsible entity of the Fund.

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Formal Business

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Online attendees – Voting process

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Voting

• If you are eligible to vote at this meeting, a new polling icon will appear - Selecting this icon will bring up a list of

• resolutions and present you with voting options

• To cast your vote simply select one of the options - There is no need to press submit or click the enter button as the vote is automatically recorded

• You have the ability to change your vote, up until voting is declared closed

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Resolution

Ordinary Resolution

 To consider and if thought fit, pass the following resolution as an ordinary resolution:

“That E&P Investments Limited (ABN 78 152 367 649 | AFSL 410 433) retire as responsible entity of the Fund and that K2 Asset Management Ltd (ABN 95 085 445 094 | AFSL 244 393) be appointed as responsible entity of the Fund with effect from the date that the Australian Securities and Investments Commission changes the record of registration of the responsible entity of the Fund.”

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Proxy voting summary

Resolution 1: Change of RE

FOR AGAINST ABSTAIN OPEN 8,212,433 5,037,598 20,000 810,165

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Next Steps

The results of the meeting will be released on the ASX, and the Fund’s website later today: https://www.cdfunds.com.au/

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For further information

Investor Relations

1300 454 801

info@cdfunds.com.au

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Close of Meeting

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Disclaimer

This presentation has been prepared by E&P Investments Limited as Responsible Entity (ACN 152 367 649, AFSL 410 433) of the CD Private Equity Fund Series ( Funds or Fund Series ), which includes CD Private Equity Fund I (ARSN 158 625 284) ( ASX:CD1 ), CD Private Equity Fund II (ARSN 162 057 089) ( ASX:CD2 ), CD Private Equity Fund III (ARSN 612 132 813) ( ASX:CD3 ), and CD Private Equity Fund IV (ARSN 624 474 531) ( CD4 ).

This presentation may contain general advice. Any general advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, you should consider the appropriateness of the advice with regard to your objectives, financial situation and needs. Past performance is not a reliable indicator of future performance. All figures in this presentation are in AUD unless stated otherwise.

This presentation may contain statements, opinions, projections, forecasts and other material (forward looking statements), based on various assumptions. Those assumptions may or may not prove to be correct. Neither the Responsible Entity, the Investment Manager or their advisers (including all of their respective directors, consultants and/or employees, related bodies corporate and the directors, shareholders, managers, employees or agents of any of them) ( Parties ) make any representation as to the accuracy or likelihood of fulfillment of the forward-looking statements or any of the assumptions upon which they are based. Actual results, performance or achievements may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. Readers are cautioned not to place undue reliance on forward looking statements and the Parties assume no obligation to update that information.

The Parties give no warranty, representation or guarantee as to the accuracy or completeness or reliability of the information contained in this document. The Parties do not accept, except to the extent permitted by law, responsibility for any loss, claim, damages, costs or expenses arising out of, or in connection with, the information contained in this presentation. Any recipient of this presentation should independently satisfy themselves as to the accuracy of all information contained in this presentation.

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