EVZ LIMITED — Share Issue/Capital Change 2018

Oct 23, 2018

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

EVZ LIMITED

Applicable security for the reorganisation

EVZ ORDINARY FULLY PAID EVZAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES Announcement Type New Announcement Date of this announcement Wednesday October 24, 2018 Reorganisation type Security consolidation Effective Date Tuesday November 27, 2018 Record Date Wednesday November 28, 2018 Issue Date Wednesday December 5, 2018

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

*1.1 Name of +Entity

EVZ LIMITED

Registration Number

*1.2 Registered Number Type

ABN 87010550357 *1.3 ASX issuer code EVZ

*1.4 The announcement is

New announcement

*1.5 Date of this announcement Wednesday October 24, 2018

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*1.6 Securities affected by the reorganisation

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----- Start of picture text ----- EVZ ORDINARY FULLY PAIDEVZAA OPTION EXPIRING VARIOUS DATES EXVARIOUS PRICES----- End of picture text -----

Part 2 - Approvals

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

**Approval/Condition Date for determination Is the date estimated Approval +Security holder Friday November 23, or actual? received/condition approval 2018 Actual met? [Select...] Comments

The Consolidation requires Shareholder approval. A resolution seeking Shareholder approval will be considered at the Annual General Meeting on 23 November 2018.

Part 3 - Reorganisation timetable and details

*3.1 +Record date

Wednesday November 28, 2018

3.2 Date of +security holder meeting

Friday November 23, 2018

3.3 Last day for trading in the pre-re-organised +securities

Monday November 26, 2018

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Tuesday November 27, 2018

3.5 Record date

Wednesday November 28, 2018

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3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Thursday November 29, 2018

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Wednesday December 5, 2018

3.8 Trading starts on a normal T+2 basis

Thursday December 6, 2018

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Monday December 10, 2018

Part 4 - Reorganisation type and details

*4.1 The reorganisation is

+Security consolidation

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

10

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

*5.1 +Securities on issue before and after the reorganisation

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----- Start of picture text ----- *ASX +Security Code *ASX +SecurityEVZ DescriptionORDINARY FULLYPAIDQuoted/unquoted Number on issue Number on issue after Estimate/ActualQuoted before reorganisation reorganisation Estimated954,812,736 95,481,274*ASX +Security Code *ASX +SecurityEVZAA DescriptionOPTION EXPIRINGVARIOUS DATES EXVARIOUS PRICESQuoted/unquoted Number on issue Number on issue after Estimate/ActualUnquoted before reorganisation reorganisation Actual15,000,000 1,500,000----- End of picture text -----

*5.2 Exercise price of options

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**ASX +Security Code ASX +Security Description EVZAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES Quoted/unquoted Exercise price before Exercise price after Unquoted reorganisation reorganisation AUD 0.00000000 AUD 0.20000000 Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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