CLOVER CORPORATION LIMITED — Major Shareholding Notification 2025

Mar 24, 2025

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25 March 2025

BY ASX ONLINE - 4 pages

Market Announcements Platform ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Notice of initial substantial holder Clover Corporation Ltd [ASX:CLV]

Following is a Form 603 Notice of initial substantial holder dated 25 March 2025 in accordance with section 671B of the Corporations Act.

Yours sincerely,

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AVEE WAISLITZ Secretary

TIGA TRADING PTY LTD ABN 95 118 961 210 Level 45, 55 Collins St. Melbourne VIC 3000 Australia

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To:

company name/scheme CLOVER CORPORATION LIMITED ABN 85 003 622 866

1. Details of substantial holder

Name

ACN (if applicable)

TIGA Trading Pty Ltd and each of the entities listed in the attached Annexure ‘A’ to this notice.

118 961 210

The holder became a substantial holder on

21-Mar-25

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 had a relevant interest in on the date the substantial holder became of substantial holder are as follows:

Class of Securities	Number of securities	Person’s votes	Voting power
Fully paid ordinary shares	9,980,642	9,980,642	5.98%

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	Number and class of securities
Tiga Trading Pty Ltd [and each of the Thorney Investment Group entities listed in Annexure ‘A’ (together ‘ThorneyInvestment Group’)]	Thorney Investment Group is taken under section 608(3)(b) of the_Act_to have a relevant interest as it holds all the issued capital in Tiga Trading Pty Ltd.	9,980,642 ordinary shares
Alex Waislitz	Each of the entities listed in the adjacent column (and in Annexure ‘A’) are ‘associates’ pursuant to section 12(2)(a)(iii) of the_Act_by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the_Act_, has the capacity to determine the outcome of decisions about the financialand operating policies ofeachofthose entities.	9,980,642 ordinary shares

4. Details of present registers 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 asholder	Number and class of securities
ThorneyInvestment Group	UBSNomineesPtyLtd	TIGA TradingPtyLtd	9,980,642ordinary shares
Mr Alex Waislitz	UBSNomineesPtyLtd	TIGA TradingPtyLtd	9,980,642ordinary shares

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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 of relevant interest	Date of acquisitions	Cash consideration	Number and class of securities affected
TIGA Trading Pty Ltd	21-Nov-24	$11,940.50	24,739 ordinary shares
TIGA Trading Pty Ltd	22-Nov-24	$7,747.97	16,106 ordinary shares
TIGA Trading Pty Ltd	25-Nov-24	$29,090.04	60,000 ordinary shares
TIGA Trading Pty Ltd	26-Nov-24	$60,487.26	124,716 ordinary shares
TIGA Trading Pty Ltd	28-Nov-24	$58,557.93	120,738 ordinary shares
TIGA Trading Pty Ltd	29-Nov-24	$6,644.99	13,701 ordinary shares
TIGA Trading Pty Ltd	21-Mar-25	$1,025,000.00	2,500,000 ordinary shares

6. Associates

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

Name

Nature ofassociation

TIGA Trading Pty Ltd and each of the entities listed in Annexure ‘A’.

Each of the entities listed in Paragraph 3 and Annexure “A” to this notice are ‘associates’ in respect of the Company pursuant to section 12(2)(a)(iii) of the_Act_by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the_Act_, has the capacity to determine the outcome of decisions about the financial and operating policies of each of those entities. In addition, Mr Alex Waislitz holds, directly or indirectly, a relevant interest of 50% or more in each of Jasforce, Waislitz Charitable Corporation, Early Force and Jamahjo.

7. Addresses

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

Name	Address
TIGA Trading Pty Ltd	Level 45, 55 Collins Street, Melbourne 3000
Thorney Investment Group and each of the entities listed in Annexure ‘A’ to this notice	See Annexure ‘A’ to this notice
Alex Waislitz	Level 45, 55 Collins Street, Melbourne 3000

Signature

Print name Sign here	AVEE WAISLITZ CapacitySECRETARY
	Date 25 March 2025

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ANNEXURE ‘A’

This is Annexure A referred to in the Form 603 Notice of initial substantial holder signed by me and dated 25 March 2025.

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….......................................................

AVEE WAISLITZ Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

	Associated Entities	Address
	Thorney Investment Group
	Jamahjo Pty Ltd, ACN 117 488 696 as trustee for the Halex Family Trust	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Thistle Custodians PtyLtd,ACN 078 027 193	Level 45,55 Collins Street,Melbourne 3000
	Thistle Holdings PtyLtd,ACN 075 051 464	Level 45,55 Collins Street,Melbourne 3000
	ThorneyAlpha PtyLtd,ACN 162 820 537	Level 45,55 Collins Street,Melbourne 3000
	ThorneyBeta PtyLtd,ACN 162 828 677	Level 45,55 Collins Street,Melbourne 3000
	ThorneyHoldings ProprietaryLimited,ACN 006 262 835	Level 45,55 Collins Street,Melbourne 3000
	ThorneyInternational PtyLtd,ACN 132 886 698	Level 45,55 Collins Street,Melbourne 3000
	Thorney Investment Group Australia Pty Ltd, ACN 117 488 892	Level 45, 55 Collins Street, Melbourne 3000
	ThorneyManagement Services PtyLtd,ACN 164 880 148	Level 45,55 Collins Street,Melbourne 3000
	ThorneyOmega PtyLtd,ACN 163 964 636	Level 45,55 Collins Street,Melbourne 3000
	TIGA PropertyPtyLtd,ACN 117 811 453	Level 45,55 Collins Street,Melbourne 3000
	TIGA(Ballarat)PtyLtd,ACN 117 812 030	Level 45,55 Collins Street,Melbourne 3000
	TIGA Finance PtyLtd,ACN 118 521 412	Level 45,55 Collins Street,Melbourne 3000
	TIGA(Hawthorn)PtyLtd,ACN 126 952 663	Level 45,55 Collins Street,Melbourne 3000
	TIGA Tails PtyLtd,ACN 080 534 416	Level 45,55 Collins Street,Melbourne 3000
	TIGA TradingPtyLtd,ACN 118 961 210	Level 45,55 Collins Street,Melbourne 3000
	Other associates
	Early Force Pty Ltd, ACN 103 134 363 as trustee for the Alex Waislitz Property Investment Trust	Level 45, 55 Collins Street, Melbourne 3000
	Jamah Investments Pty Ltd, ACN 093 388 928 as trustee for the Jamah Investment Trust	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Jasforce Pty Ltd, ACN 017 167 713 as trustee for the Alex Waislitz Retirement Plan	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	ThorneyOpportunities Ltd,ACN 080 167 264	Level 45,55 Collins Street,Melbourne 3000
	ThorneyTechnologies Ltd,ACN 096 782 188	Level 45,55 Collins Street,Melbourne 3000
	58 Jarque PtyLtd,ACN 617 756 377	Level 45,55 Collins Street,Melbourne 3000
	Two Towers Pty Ltd, ACN 134 730 546	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Urban Land Nominees Pty Ltd, ACN 004 753 066	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Coastal Estates Proprietary Limited, ACN 004 481 154	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612 as trustee for the Waislitz Family Foundation	Level 45, 55 Collins Street, Melbourne 3000

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