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ENERO GROUP LIMITED Major Shareholding Notification 2021

Oct 11, 2021

64827_rns_2021-10-11_3c091953-b2ae-47b6-8381-e1d08c776dbc.pdf

Major Shareholding Notification

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Enero Group Limited ABN 97 091 524 515 Level 2, 100 Harris Street Pyrmont NSW 2009 Australia t. +61 2 8213 3031

ASX ANNOUNCEMENT

DISCLOSURE UNDER TAKEOVERS PANEL GUIDANCE NOTE

20: EQUITY DERIATIVES

12 October 2021

Enero Group Limited (ASX: EGG) has received the attached notice from Regal Funds Management Asia Pte Limited, provided under Guidance Note 20: Equity Derivatives, issued by the Australian Takeovers Panel.

This announcement was authorised for release by the Enero Group Company Secretary.

For further information, please contact:

Cathy Hoyle

Company Secretary +61 405 292 077 [email protected]

About Enero : Enero Group is a creative and technology company operating a global collective of marketing and communications specialist agencies listed on the Australian Stock Exchange (ASX). Its portfolio includes: digital agency Orchard; creative agency BMF; brand, marketing and PR comms consultancy Hotwire; programmatic marketing platform OBMedia; issues management comms advisory CPR; and strategic data consultancies The Leading Edge and The Digital Edge.

www.enero.com

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06-October-2021

Dear ENERO GROUP LTD,

Disclosure of Long Equity Derivative Positions

We refer to Guidance Note 20: Equity Derivatives ( GN20 ), issued by the Australian Takeovers Panel. Terms not defined in this notice have the meanings given to them in GN20.

GN20 relevantly provides that the non-disclosure of long positions, including long equity derivative positions, may give rise to unacceptable circumstances. Regal Funds Management Asia Pte Limited, as investment manager of Amazon Market Neutral Fund and Zambezi Absolute Return Fund (the Funds ), discloses the following information on behalf of the Funds.

Identity of the taker: Amazon Market Neutral Fund Zambezi Absolute Return Fund
Relevant security: Ordinary shares in ENERO GROUP LTD
Price (including reference price, strike price,option price etc as appropriate): Not applicable
Entry date and number of securities to which thederivative relates: Totalnumberofsecuritiestowhichderivatives relate as at 04-Oct-2021:600,630 (0.68%) Total number of securities to whichderivatives relate as at 04-Oct-2021:5,400,012 (6.14%)
Type of derivative (e.g. contract for difference,cash settledput or call option): Equity swap
Any material changes to information previouslydisclosed: No information previously disclosed No information previously disclosed
Relevant interests in securities: None
Long equity derivative positions and relevantinterests held by the taker and its associates: The Funds have no other associates with a long equity derivative position or relevantinterest in the company
Short equity derivative positions that offsetphysical positions: None
Short positions of more than 1% that have beenacquired after a long position is disclosed,whether by notice or substantial holding notice: None

Yours sincerely

Greg Laughlin Chief Executive Officer Regal Funds Management Asia Pte Limited

Raffles Place #26-23 UOB Plaza 2

Regal Funds Management Asia Pte Limited

T +65 6654 1755 80

Singapore 048624