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EXCELSIOR CAPITAL LTD Audit Report / Information 2020

Jul 8, 2020

64816_rns_2020-07-08_937291a8-7f2a-4cd8-88ab-aafe4c4147a2.pdf

Audit Report / Information

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Excelsior Capital Limited ABN 98 050 542 553 18-20 Railway Road, Meadowbank, NSW 2114, Australia Telephone: (02) 9216 9009 Facsimile: (02) 9808 4155 Email: [email protected] www.cmilimited.com.au

9 July 2020

Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

ASX ANNOUNCEMENT

Excelsior Capital Limited (ASX: ECL)

Appointment of new Auditor

Excelsior Capital Limited (‘Excelsior’ or ‘the Company’) has appointed Hall Chadwick as the company auditor for the half and full-year statutory accounts.

This appointment follows the outcome of an audit tender process undertaken by the Directors. In accordance with this process and s395(5) of the Corporations Act 2001, the Company has received the resignation of Ernst & Young and Australian Securities and Investment Commission consent to resignation.

In accordance with s327C of the Corporations Act 2001, the appointment of Hall Chadwick as auditors of the Company and its controlled entities will be tabled at the 2020 Annual General Meeting for ratification.

-ENDS-

For further information, please contact:

Danny Herceg Chairman and Non-Executive Director +61 (02) 9216 9009

About Excelsior (ASX: ECL): Excelsior is a Listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited’s operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and a substantial investment portfolio.