EXCELSIOR CAPITAL LTD — Proxy Solicitation & Information Statement 2023

Dec 20, 2023

Excelsior Capital Limited ABN 98 050 542 553

Level 29, Chifley Tower

2 Chifley Square, Sydney, NSW, 2000, Australia

Telephone: (02) 9216 9043 Email: corporate@excelsiorcapital.com.au

www.cmilimited.com.au

21 December 2023

Excelsior Capital Limited Notice of General Meeting

Dear Shareholder

Notice of General Meeting

Excelsior Capital Limited (ASX:ECL) (‘Company’) wishes to advise shareholders that a General Meeting (GM) will be held on Thursday, 25 January 2024 at 11am (Sydney time) at The Gallery, Park Hyatt Sydney, 7 Hickson Road, The Rocks, Sydney, NSW, 2000.

A copy of the following documents are released to the ASX today and are also available on the Company’s web page at http://www.cmilimited.com.au/ .

• Notice of General Meeting;

• Independent Expert Report; and

• Proxy Form

To lodge your proxy votes online, please visit https://investorcentre.linkgroup.com. Your votes must be received by the share registry by 11am (Sydney time) on Tuesday, 23 January 2024.

Should you have any further queries in relation to lodging your vote or proxy vote online, please contact our Share Registry Link Market Services on 1300 554 474 (within Australia) or +61 1300 554 474 (outside Australia).

Shareholder Communications Update

Legislative changes to the Corporations Act 2001 effective 1 April 2022 mean there are new options available to you as a shareholder as to how you elect to receive your communications. We will no longer send you physical meeting documents unless you request a copy to be mailed.

We strongly encourage you to provide your email address so we can communicate with you electronically when shareholder notices become available online for such items as meeting documents, dividend statements and annual reports. You can make a standing election to receive some or all of your shareholder communications in physical or electronic form.

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To review or update your current communication preference simply logon to our share registry’s website at https://investorcentre.linkgroup.com. You will need your portfolio log in details or your Shareholder Reference Number (SRN) or Holder Identification Number (HIN) and select the ‘Communications’ tab at the top of the page.

If at any time you require an additional copy of a communication, or you need more information about the options available to you, please contact Link Market Services via email to LMSComms@linkgroup.com.au.

Yours faithfully

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Danny Herceg Chairman

About Excelsior: Excelsior or ECL is a Listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior’s operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and an investment portfolio. Excelsior has entered into a Share Sale and Purchase Agreement for the sale of 100% of the issued capital of CMI Operations Pty Ltd, which owns the Electrical Division, subject to certain conditions including shareholder approval.

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