COMMS GROUP LTD — Major Shareholding Notification 2021

Feb 1, 2021

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Comms Group Ltd (CCG) ACN/ARSN 619 196 539 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821 The holder ceased to be a substantial holder on 29/01/2021 The previous notice was given to the company on 29/12/2020 The previous notice was dated 23/12/2020

2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 of Person whose relevant Nature of change Consideration given in relation to Class (6) and number of Person's votes change interest changed (4) change(5) securities affected affected Refer annexure 1

3. Changes in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association NOT APPLICABLE 4. Addresses The addresses of persons named in this form are as follows: Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY PHILIP KING NSW 2000 Signature print name Kenny Ho capacity Company Secretary sign here date 2/02/2021

4. Addresses

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

Annexure 1

Changes in relevant interests

Date	Person whose relevant interest changed	Nature ofChange	Considerationgiven inrelation tochange	Number ofsecuritiesaffected	Class ofsecurities	Personsvotesaffected
7/01/2021	Regal Funds Management	Sell	28870.55	311777	Ordinary	311777
8/01/2021	Regal Funds Management	Sell	92013.24	1043234	Ordinary	1043234
15/01/2021	Regal Funds Management	Sell	12600.00	120000	Ordinary	120000
22/01/2021	Regal Funds Management	Sell	12229.80	111180	Ordinary	111180
25/01/2021	Regal Funds Management	Sell	9868.98	89718	Ordinary	89718
29/01/2021	Regal Funds Management	Sell	20909.02	227272	Ordinary	227272
29/01/2021	Regal Funds Management	Dilution due to the issue of 70,812,456 pursuant to the Acquisition of NextTelecom Pty Ltd, see Appendix 2A lodged on 29th January.