COG FINANCIAL SERVICES LIMITED — Share Issue/Capital Change 2021

May 25, 2021

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

COG FINANCIAL SERVICES LIMITED

Applicable security for the reorganisation

COG	ORDINARY FULLY PAID
COGAA	OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
Announcement Type
New Announcement
Date of this announcement
Wednesday May 26, 2021

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis Monday July 5, 2021 Record Date Tuesday July 6, 2021 Issue Date Tuesday July 13, 2021

Additional Information Please refer to the Notice of Meeting dated 26 May 2021.

Refer to below for full details of the announcement

Notification of Consolidation/Split

1 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

COG FINANCIAL SERVICES LIMITED

1.2 Registered Number Type Registration Number ACN 100854788 1.3 ASX issuer code COG

1.4 The announcement is New announcement

1.5 Date of this announcement

Wednesday May 26, 2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description COG ORDINARY FULLY PAID COGAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

==> picture [8 x 8] intentionally omitted <==

Yes

2.2 Approvals

Notification of Consolidation/Split

2 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Approval/Condition

Approval/Condition Date for determination +Security holder approval Wednesday June 30, 2021

Is the date estimated or Approval actual? received/condition met?

==> picture [9 x 9] intentionally omitted <==

Actual

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Tuesday July 6, 2021

3.2 Date of +security holder meeting

Wednesday June 30, 2021

3.2a Effective date of consolidation or split

Thursday July 1, 2021

3.3 Last day for trading in the pre consolidation or split +securities

Friday July 2, 2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Monday July 5, 2021

3.5 Record date

Tuesday July 6, 2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Wednesday July 7, 2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Tuesday July 13, 2021

3.8 Trading starts on a normal T+2 basis

Wednesday July 14, 2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Friday July 16, 2021

Part 4 - Event type and details

4.1 The event is

==> picture [8 x 8] intentionally omitted <==

+Security consolidation

Notification of Consolidation/Split

3 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

10

(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions of 0.5 or more rounded up

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
COG	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
	1,658,763,583	165,876,358
ASX +Security Code	ASX +Security Description
COGAA	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	14,267,049	1,426,705
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
COGAA	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Exercise price pre consolidation orExercise price post		consolidation or
Unquoted	split	split
	AUD 0.00000000	AUD 0.00000000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

Option exercise price changing from consolidation - Please refer to the Notice of Meeting dated 26 May 2021 Page 10.

Notification of Consolidation/Split

4 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

6.2 Additional information for inclusion in the Announcement Summary

Please refer to the Notice of Meeting dated 26 May 2021.

Notification of Consolidation/Split

5 / 5