CLOSE THE LOOP LTD. — Major Shareholding Notification 2023

Mar 29, 2023

604 Page 1 of 2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Close the Loop Limited (ASX: CLG)

ACN/ARSN

ACN: 095 718 317

1. Details of substantial holder (1)

Name

Wilson Asset Management Group (refer entities listed in Annexure A)

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 28/03/2023 The previous notice was given to the company on 27/03/2023 The previous notice was dated 27/03/2023

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
OrdinaryShares	31,002,520	7.43%	36,221,513	8.67%

3. 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 company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whose relevantinterest changed	Nature of change (6)	Consideration given in relationto change (7)	Class and number of securitiesaffected	Person's votesaffected
Refer to
Annexure B

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Nature of relevant interest (6)	Class and number of securitiesaffected	Person's votes
Refer to
Annexure C

604 Page 2 of 2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and A	CN/ARSN (if applicable)	Nature of association
n/a

6. Addresses

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

Name		Address	Address
Refer to Annexu	re A

Signature

print name	Kim Heng	capacity	Chief Operations Officer
sign here		date	30/03/2023

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 6 of the form.

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

• (2)

• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3)

• (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100 (6) Include details of:

(6)

• (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.

(7)

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.

(8)

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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".

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Page 1

Annexure A

1. Details of Wilson Asset Management Group

Wilson Asset Management Group

Name	ACN / ARSN
Wilson Asset Management(International)PtyLimited	(ACN 081 047 118)
MAM PtyLimited	(ACN 100 276 542)
WAM Capital Limited	(ACN 086 587 395)
WAM Research Limited	(ACN 100 504 541)
WAM Active Limited	(ACN 126 420 719)
Botanical Nominees PtyLimited ATF Wilson Asset Management EquityFund	(ACN 081 032 000)
WAM Leaders Limited	(ACN 611 053 751)
WAM MicrocapLimited	(ACN 617 838 418)
WAM Global Limited	(ACN 624 572 925)
WAM Strategic Value Limited	(ACN 649 096 220)
WAM Alternative Assets Limited	(ACN 168 941 704)

6. Addresses

Name	Address
Wilson Asset Management(International)PtyLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
MAM PtyLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Capital Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Research Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Active Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
Botanical Nominees PtyLimited ATF Wilson Asset Management EquityFund	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Leaders Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM MicrocapLimited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Alternative Assets Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Strategic Value Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
WAM Global Limited	Level 26,1 Farrer Place,Sydney,NSW 2000
Citigroup Pty Limited	Level 21, 2 Park Street, Sydney, NSW 2000

This is Annexure A of 1 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Signed: _______________________

Date: 30/03/2023

Page 1

ANNEXURE B

3. Changes in relevant interests

Refer to Annexure A for the name and ACN's of the Wilson Asset Management Group members.

Date	of	change	Person whose relevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class of securities	Number of securities	Person's votes affected
			Botanical Nominees Pty Limited ATF
		28/03/23	Wilson Asset Management Equity	On market purchase	-54,129.84	Ordinary shares	163,710	163,710
			Fund
		28/03/23	WAM Active Limited	On market purchase	-108,436.90	Ordinary shares	327,956	327,956
		28/03/23	WAM Capital Limited	On market purchase	-1,548,896.67	Ordinary shares	4,684,475	4,684,475
			Botanical Nominees Pty Limited ATF
		30/03/23	Wilson Asset Management Equity	On market purchase	-472.46	Ordinary shares	1,355	1,355
			Fund
		30/03/23	WAM Active Limited	On market purchase	-946.65	Ordinary shares	2,715	2,715
		30/03/23	WAM Capital Limited	On market purchase	-13,522.29	Ordinary shares	38,782	38,782

This is Annexure B of 1 pages referred to in Form 604 - Notice of change of interests of substantial holder.

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Date: 30/03/2023

Page 1

ANNEXURE C

4. Present relevant interests

Refer to Annexure A for the name and ACN's of the Wilson Asset Management Group members.

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as a holder (8)	Nature of relevant interest (6)	Number of securities	Class of securities	Person's votes
Botanical Nominees Pty Limited ATF Wilson AssetManagement Equity Fund	Citigroup Pty Limited	Botanical Nominees Pty Limited ATF Wilson AssetManagement Equity Fund	Management of the portfolio of BotanicalNominees Pty Limited ATF Wilson AssetManagement EquityFund	415,045	Ordinary shares	415,045
WAM Active Limited	Citigroup Pty Limited	WAM Active Limited	Management of the portfolio of WAM ActiveLimited	836,995	Ordinary shares	836,995
WAM Capital Limited	Citigroup Pty Limited	WAM Capital Limited	Management of the portfolio of WAM CapitalLimited	12,121,687	Ordinary shares	12,121,687
WAM Microcap Limited	Citigroup Pty Limited	WAM Microcap Limited	Management of the portfolio of WAM MicrocapLimited	22,847,786	Ordinary shares	22,847,786

This is Annexure C of 1 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Signed: _______________________ Date: 30/03/2023