COMMS GROUP LTD — Capital/Financing Update 2023

Mar 14, 2023

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ASX RELEASE (ASX: CCG)

15 March 2023

RELEASE OF SECURITIES FROM ESCROW

Comms Group Limited (ASX:CCG) announces that the following securities will be released from voluntary escrow, in accordance with ASX Listing Rule 3.10A.

Number and Class of Security: 9,495,417 Fully paid ordinary shares

Escrow Release Date: 15 March 2023

Authorised for release by the Board of Comms Group Limited.

ENDS

FOR MORE INFORMATION Peter McGrath Matthew Beale Chief Executive Officer Chief Financial Officer investors@commsgroup.limited matthew.beale@commschoice.com

ABOUT COMMS GROUP

Comms Group provides a full range of IT and Communications services from the Cloud including IT managed services, cloud hosting, cloud communications and UcaaS services.

The company is delivering on its three key strategic growth pillars of International, Domestic - through the Next Telecom and onPlatinum brands and Wholesale and Partner services.

Domestic SME/Corporate Services (branded Next Telecom and onPlatinum) – domestically the group delivers a vast array of comms services for businesses including, data services (Fibre, NBN), IP voice, inbound/toll-free, wrapped into an award-winning state-of-the-art service layer as well as an extensive range of ICT services including managed IT services, cloud and security services.

Global Services (branded Comms Group Global) – Comms Group Global uses its cloud based global business phone platform and its global Microsoft Teams telephony calling platform to provide fully managed key UCaaS and CPaaS services for customers in multiple regions internationally. We cover 65 countries for full PSTN replacement and another 30+ countries via on premises solutions/carrier partners.

We also offer key wholesale services and leverage our international network to deliver services to key wholesale and partner customers globally.