COMMS GROUP LTD — Share Issue/Capital Change 2022

Jul 4, 2022

Comms Group Limited 6 / 56 Clarence Street Sydney NSW 2000

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ASX: CCG

ASX Release 5 July 2022

CLEANSING NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001

Type:	Shares
Class/Description:	Ordinary
ASX Code:	CCG
Issue date	1 July 2022
Number Issued:	13,333,334
Issue Price per Security:	$0.075

Comms Group Limited (ASX: CCG) (Company) confirms that in relation to the Appendix 2A released on 1 July 2022 and the correction to the Appendix 2A released on 5 July 2022, the Company announced the issue and allotment of 13,333,334 Ordinary Shares representing the Tranche 2 Shares issued to vendors of onGroup Holdings Pty Ltd.

The Corporations Act 2001 (Cth) (Corporations Act) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Corporations Act. By giving this notice, a sale of the Shares noted above will fall within the exemption in section 708A(5) of the Corporations Act.

Pursuant to section 708A(5)(e) of the Corporations Act, the Company gives notice that:

• (a) the Company issued the Shares by way of an issue of new ordinary shares pursuant to an acquisition

• (b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company;

• (c) as at the date of this notice, the Company has complied with section 674 of the Corporations Act as it applies to the Company; and

• (d) as at the date of this notice, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) the recipient of ordinary shares and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • B. the rights and liabilities attaching to the Securities.

Yours sincerely,

Andrew Metcalfe Company Secretary

ABN 64 619 496 539