Clean Seas Seafood Limited

Share Issue/Capital Change • Dec 4, 2023

4 December 2023: ASX Release

Clean Seas Seafood Limited (ASX: CSS, OSE: CSS)

Cleansing Notice

Clean Seas Seafood Limited ACN 094 380 435 (Clean Seas) gives this cleansing notice (Cleansing Notice) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

On 24 November 2023, the Company announced a two-tranche institutional placement to raise approximately A\$9.5 million. The first tranche was issued on 4 December 2023, with 24,800,440 new fully paid ordinary shares in Clean Seas (Tranche 1 Shares) issued to professional and sophisticated investors at A\$0.27 per Tranche 1 Share to raise approximately A\$6.7 million.

Clean Seas give the following notice under section 708A(5)(e) of the Corporations Act:

• 1. The Tranche 1 Shares were issued without disclosure to investors under Part 6D.2 of the CorporationsAct.
• 1. As a disclosing entity, Clean Seas is subject to regular reporting and disclosure obligations.
• 1. As at the date of this Cleansing Notice, Clean Seas has complied with:
  2. (a) the provisions of Chapter 2M of the Corporations Act as they apply to Clean Seas; and
  3. (b) section 674 of the Corporations Act, as it applies to Clean Seas.
• 1. As at the date of this Cleansing Notice, there is no information that is 'excluded information' of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

This Cleansing Notice has been authorised for lodgement with ASX by the Board of Directors.

For further information, please contact:

Rob Gratton	Andrew Angus
CEO	Investor Relations
rob.gratton@cleanseas.com.au	andrewangus@overlandadvisers.com.au
+61 434 148 979	+61 402 823 757