ELECTRO OPTIC SYSTEMS HOLDINGS LIMITED — Major Shareholding Notification 2020

Jun 3, 2020

604 page 2/2 15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Electro Optic Systems Holdings Limited ( Company )

ACN/ARSN

092 708 364

1. Details of substantial holder (1)

Name ACN/ARSN (if applicable)

EOS Loan Plan Pty Ltd ACN 637 891 144 together with its associate Ian Dennis (together, the Relevant Parties ) See above

There was a change in the interests of the substantial holder on

substantial holder on 29/05/2020 The previous notice was given to the company on 19/05/2020 The previous notice was dated 19/05/2020

2. Previous and present voting power

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary shares in the Company	7,491,843	5.13%	9,991,843	6.73%

3. 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 of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
29/05/2020	The Relevant Parties	The Company issued 2,500,000 new fully paid ordinary shares to EOS Loan Plan Pty Ltd under the terms of the Electro Optic Systems Holdings Limited Loan Funded Share Plan following shareholder approval being obtained for the issue of such shares at the Company's virtual annual general meeting held on 29 May 2020 (AGM).	Non-cash. Shares issued to EOS Loan Plan Pty Ltd in its capacity as trustee for shares issued to eligible directors and employees under the Company's Loan Funded Share Plan, as approved at the Company's AGM.	2,500,000 fully paid ordinary shares in the Company	Votes increased by 2,500,000 fully paid ordinary shares in the Company

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
The Relevant Parties	EOS Loan Plan Pty Ltd	EOS Loan Plan Pty Ltd	Relevant interest under paragraph 608(1)(a) and/or 608(2) of the_Corporations_ Act 2001(Cth), being a relevant interest arising as a result of having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in a proprietary capacity	9,950,000 fully paid ordinary shares in the Company	9,950,000 (representing 6.70% of the voting rights attaching to the Company's shares)

The Relevant Parties	Dennis Corporate Services Pty Limited as trustee for the Dennis Superannuation Fund	Dennis Corporate Services Pty Limited as trustee for the Dennis Superannuation Fund	Relevant interest under paragraph 608(1)(a) and/or 608(2) of the_Corporations_ Act 2001(Cth), being a relevant interest arising as a result of having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in a proprietarycapacity	41,818 fully paid ordinary shares in the Company	41,818 (representing 0.03% of the voting rights attaching to the Company's shares)
The Relevant Parties	Dennis Corporate Services Pty Limited	Dennis Corporate Services Pty Limited	Relevant interest under paragraph 608(1)(a) and/or 608(2) of the_Corporations_ Act 2001(Cth), being a relevant interest arising as a result of having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in a proprietary capacity	25 fully paid ordinary shares in the Company	25 (representing less than 1% of the voting rights attaching to the Company's shares)

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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
N/A	N/A

6. Addresses

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

Name	Address
EOS Loan Plan Pty Ltd ACN 637 891 144	Suite 3, Level 12, 75 Elizabeth Street, Sydney NSW 2000
Dennis Corporate Services Pty Limited as trustee for the Dennis Superannuation Fund	Unit 5, 17 Munro Street, McMahons Point, NSW 2060
Dennis Corporate Services Pty Limited	Unit 5, 17 Munro Street, McMahons Point, NSW 2060

Signature

In his personal capacity and in his capacity as sole director of EOS print name Ian Alistair Dennis capacity Loan Plan Pty Limited and Dennis Corporate Services Pty Limited sign here date 4 June /2020

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

604 GUIDE page 1/1 13 March 2000

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