DEEP YELLOW LIMITED — Major Shareholding Notification 2024

Mar 21, 2024

Form 605 Corporations Act Section 671B

Notice of ceasing to be a substantial holder

• To: Deep Yellow Ltd (“DYL”, Ordinary Fully Paid)

1. Details of substantial shareholder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citi group of companies worldwide (for more details please visit www.citigroup.com).

The holder ceased being a substantial holder on 20 March 2024.

The previous notice had been given to the company on 19 March 2024.

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 ofchange	Person whoserelevant interestchanged andPerson’s votesaffected	Nature of Relevant Interest	Class andnumber ofsecuritiesaffected
		Citigroup Global Markets Limited holds an
20 March2024	Citigroup GlobalMarkets Limited	increased relevant interest in theseshares pursuant to contracts entered intosubject to an obligation to return under asecurities lending agreement. Refer to	2,044,139Ordinary FullyPaid
		Annexure A.
		Citibank, N.A. Sydney Branch holds a
20 March2024	Citibank, N.A.Sydney Branch	decreased relevant interest in theseshares acting as Agent Lender and as theholder of securities subject to anobligation to return under a securities	-2,217,872Ordinary FullyPaid
		lending agreement. Refer to Annexure A.

3. Changes in association

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

company or scheme are as follows:
Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

4. Addresses

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

Name	Address
Citigroup Global Markets Limited	Citigroup Centre, Canary Wharf33 Canada SquareLondon, E14 5LB, United Kingdom
Citibank, N.A. Sydney Branch	Citigroup Centre2 Park St Sydney, NSW 2000 Australia

Dated this day, 22 March 2024.

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Annexure A

This is Annexure A of 2 pages referred to in Form 605 ‘Notice of ceasing to be a substantial holder’

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Schedule (Loan)	Schedule (Loan)	Schedule (Loan)
	ule (Loan)
**Type **	of Agreement		AMSLA/ GMSLA/MSLA
Partie	s to Agreement		Various
Trans	fer date		Various
Holde	rof voting rights		Borrower
Are th	ere any restriction	**s on voting rights? **	No
Sche	duled returndate		Unknown
Does**early **	the borrower have?	the right to return	Yes
Ifyes	, details		StandardAMSLA/ GMSLA/MSLAterms
Does**early **	the lender have the?	right to recall	Yes
Ifyes	dil		SddAMSLA/GMSLA/MSLA
	, etas		tanar terms
Will tsettle	he securities be ret	urned on	n/a
	**ment? **
State	ment		If requested by the company to whom the	ted/
			prescribed form must be given, or if requesb ASIC Citi will ive a co of the AMSL
			y , g pyGMSLA/MSLAto the company or ASIC.

Sc
	hedu	le (Agenc	y Lending Agr	eement)
Ty	**pe of **	Agreeme	nt		SecuritiesLen	dingAgency	Agreement (SLAA)
Pa	rties	to Agree	ment		Various
Cicath	rcumn exee sec	stances urcise theurities	nder which theauthorisations	agent lenderin relation to	Agent Lender cagent, in relatiodefined and agAgencyAgree	an only exen to the lenreed in thement.	rcise authority, asder’s securities asSecurities Lending
Ciisde	rcumsubje	stances uct to any	nder which therestrictions in	agent lenderhow it can	Lenders will desecurities lendiLending Agenclending agent.	fine the restng paramety AgreemenSuch restric	rictions and/orers in the Securitiest entered into with thetions/parameters
	al wi	th the sec	urities		include specificlimits, acceptareinvestment g	designatedble collaterauidelines.	accounts, lendablel and/or cash
Dea	oes thrly?	e agent le	nder have the	right to recall	Agent Lendersbehalf of Lendexpectation is thave mutuallysecurities durinHence, borrowsecurities early	have the riger’s instructihe Lender aagreed no sg the duratiers are notfortermed	ht to early recall onons. However, thend Borrower wouldales/recall of theon of the loan term.obligated to return theloans.
If	yes, d	etails			Authorised undLending Agenc	er the standy Agreemen	ard Securitiest terms.
Statement					If requested byprescribed form	the compamust be gi	ny to whom theven or if requested
					,by ASIC, Citi will give a copy of the authorisationagreement to the company or ASIC.