DGL GROUP LIMITED — Capital/Financing Update 2021

Nov 30, 2021

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ASX RELEASE

1 December 2021

Austech Chemicals Pty Ltd Acquisition Complete & Cleansing Statement

DGL Group Limited (ASX:DGL) (NZX:DGC), is pleased to announce that it has completed the acquisition of Austech Chemicals Pty Ltd (Austech), previously announced on 9 November 2021.

As part of the acquisition, DGL has today issued 5,306,122 fully paid ordinary shares to the vendors of Austech as part consideration. 2,653,061 shares are subject to six-months escrow from date of issue and 2,653,061 shares are subject to 12-months escrow from date of issue.

An Appendix 2A for the issue of the above shares follows this announcement.

Notice Under Section 708A

The Company gives notice relating to the issue of securities as identified below.

The above-mentioned shares were issued without disclosure to investors under Part 6D.2, in reliance on section 708A (5) of the Corporations Act.

The Company, as at the date of this notice, has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act.

The Company has complied with the relevant provisions of Chapter 2M and Section 708A (7) and 708A (8) of the Corporations Act.

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Approved for release by the Board of DGL.

CONTACT Barbara Furci DGL Group Limited +64 9 309 9254 or barbara.furci@dglgroup.com

MEDIA ENQUIRIES

Aileen Bodart Cannings Strategic Communications +61 043 160 136 or abodart@canningscomms.com.au

DGL Group NZ Level 12 63 Albert Street Auckland 1010, New Zealand p +64 9 309 9254

DGL Warehousing and Distribution DGL Environmental Solutions 739 Progress Road 201 Five Islands Road Wacol, QLD 4076 Unanderra, NSW 2526 Brisbane, Australia Wollongong, Australia p +61 7 3548 7905 p +61 2 4247 2100

DGL Chemical Manufacturing 120 Fulton Drive Derrimut, VIC 3026 Melbourne, Australia p +61 3 8369 9999