CLOSE THE LOOP LTD. — Major Shareholding Notification 2023

Mar 26, 2023

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ACN/ARSN

Close the Loop Limited (ASX: CLG)

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)

The holder became a substantial holder on 23/03/23

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)
OrdinaryShares	31,002,520	31,002,520	7.43%

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:

a substantial holder are as follows:
Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Annexure B

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 holder (8)	Class and number of securities
Annexure B

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 substantial holder became a substantial holder is as follows:

holder became a substantial	holder is as follows:
Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Annexure C

603 Page 2 of 2 15 July 2001

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

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Annexure A

Signature

print name sign here	Kim Heng capacity Chief Operations Officer
	date 27/03/23

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)

• (3)

• (4)

(5)

(6)

(7)

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

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

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

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

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

(9)

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".

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.

Page 1

Annexure A

1. Details of Substantial Holder

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)

7. 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 603 - Notice of initial substantial holder.

Signed: _____

Date: 27/03/23

Page 1

Annexure B

3. Details of relevant interests & 4. Details of present registered holders

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	Nature of relevant interest (7)	Person entitled to be registered as a holder (8)	Number of securities	Class of securities
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	Citigroup Pty Limited	Management of the portfolio of Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	249,980	Ordinary shares
WAM Active Limited	Citigroup Pty Limited	Management of the portfolio of WAM Active Limited	WAM Active Limited	506,324	Ordinary shares
WAM Capital Limited	Citigroup Pty Limited	Management of the portfolio of WAM Capital Limited	WAM Capital Limited	7,398,430	Ordinary shares
WAM Microcap Limited	Citigroup Pty Limited	Management of the portfolio of WAM Microcap Limited	WAM Microcap Limited	22,847,786	Ordinary shares

This is Annexure B of 1 pages referred to in Form 603 - Notice of initial substantial holder. Signed: _____ Date: 27/03/23

Page 1

Annexure C

5. Consideration

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

Holder of relevant interest	**Date of aquisition **	Cash consideration ($)	Amount of securities	Class of securities
WAM Microcap Limited	08/12/22	-38,643.66	100,000	Ordinary shares
WAM Microcap Limited	17/03/23	-49,415.91	132,952	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	20/03/23	-4,826.13	12,434	Ordinary shares
WAM Active Limited	20/03/23	-9,788.87	25,220	Ordinary shares
WAM Capital Limited	20/03/23	-140,640.76	362,346	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	21/03/23	-4,060.48	10,891	Ordinary shares
WAM Active Limited	21/03/23	-8,236.55	22,092	Ordinary shares
WAM Capital Limited	21/03/23	-118,336.81	317,402	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	22/03/23	-1,024.38	2,922	Ordinary shares
WAM Active Limited	22/03/23	-2,077.87	5,927	Ordinary shares
WAM Capital Limited	22/03/23	-29,852.02	85,151	Ordinary shares
Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund	23/03/23	-73,831.89	223,733	Ordinary shares
WAM Active Limited	23/03/23	-149,518.05	453,085	Ordinary shares
WAM Capital Limited	23/03/23	-2,189,065.23	6,633,531	Ordinary shares
WAM Microcap Limited	23/03/23	-2,412,417.15	7,310,355	Ordinary shares

This is Annexure C of 1 pages referred to in Form 603 - Notice of initial substantial holder.

Signed: _____

Date: 27/03/23