CLOSE THE LOOP LTD. — Major Shareholding Notification 2021

Dec 5, 2021

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6 December 2021

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of becoming an initial substantial holder – Close The Loop Limited (CLG)

We enclose notice of becoming an initial substantial holder in Close The Loop Limited. This notice is given by Greencape Capital Pty Ltd.

Yours faithfully

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Linda Matthews Company Secretary

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Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To CompanyName/Scheme	Close The Loop Limited
ACN/ARSN	095 718 317
1. Details of substantial holder (1)
Name	Greencape Capital Pty Ltd
ACN/ARSN (if applicable)	120 328 529
The holder became a substantial holder on	02/12/2021

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Fully Paid	Same as persons votes	17,500,000	5.31%

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 substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Greencape Capital Pty Ltd	Ordinary Fully Paid securities purchased and sold on market by Greencape Capital Pty Ltd	Refer Annexure 1

4. Details of present registered holders

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

Holder of relevant interest	Registered holder of securities	Person entitled to be	registered as	Class and number of
		holder (8)		securities
Greencape Capital Pty Ltd	Citicorp Nominees Pty	Citicorp Nominees Pty		17,500,000 (Ordinary
	Limited	Limited		Fully Paid)
5. Consideration
The consideration paid for each relevant	interest referred to in paragraph	3 above, and acquired in the four months prior to the day that the substa
became a substantial holder is as follows:
Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of
				securities
		Cash	Non-cash
Greencape Capital Pty Ltd	Refer	Refer		Refer
	Annexure 1	Annexure 1		Annexure 1

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

6. Associates

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

Name and ACN/ARSN (if applicable) Nature of association

N/A N/A

7. Addresses

The addresses of persons named in this form are as follows: Name Address Greencape Capital Pty Ltd Level 2, 5 Martin Place, Sydney NSW 2000

Signature

print name Linda Matthews capacity Company Secretary sign here date 06/12/2021

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

(2) See the definition of "associate" in section 9 of the Corporations Act 2001.

(3) See the definition of "relevant interest" in section s608 and 671B(7) of the Corporations Act 2001.

(4) The voting shares of a company constitute one class unless divided into separate classes.

(5) The total number of votes attached to all the voting shares in the company or voting interests in thescheme (if any) that the person or an associate has a relevant interest in.

(6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(7) Include details of:

(a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

(9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure 1 consists of 1 page and is referred to in Form 603 signed by me and dated 06/12/2021

[Insert Signature Here]

Linda Matthews Company Secretary of Greencape Capital Pty Ltd

Transactions: Company Name/Scheme: Close The Loop Limited (CLG) As at: 02/12/2021 Class of security: Ordinary Fully Paid

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of Securities	Person's Votes Affected
24/11/2021	Greencape Capital PtyLtd	Buy	170,079	850,395	850,395
24/11/2021	As above	Buy	2,505,483	12,527,413	12,527,413
24/11/2021	As above	Buy	824,438	4,122,192	4,122,192
02/12/2021	As above	Buy	5,036,506	16,649,605	16,649,605
02/12/2021	As above	Sell	3,789,542	-12,527,413	12,527,413
02/12/2021	As above	Sell	1,246,963	-4,122,192	4,122,192
Total Number of Securities				17,500,000

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