EXPERIENCE CO LIMITED — Major Shareholding Notification 2018

Dec 27, 2018

Corporations Law

Section 671B

Form 604

Notice of change of interests of substantial holder

To Company Name/Scheme Experience Co Limited ACN/ARSN 167 320 470

1. Details of substantial holder (1) Name Viburnum Funds Pty Ltd (“Viburnum”) and each of the parties listed in Annexure A ABN (if applicable) 126 348 990

There was a change in the interests of the substantial holder on 28/12/2018 The previous notice was given to the company on 14/11/2018 The previous notice was dated 14/11/2018

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

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Class of securities (4) Previous notice Present notice
Person's votes Voting power (5) Person's votes Voting power (5)
FPO 39,024,575 7.11% 45,067,066 8.11%
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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:

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Date of change Person whose Nature of change Consideration given in Class and number Person's votes
relevant interest (6) relation to change (7) of securities affected
changed affected
15 / 11 / 2018 Viburnum Purchase of $ 1,553,751 5,000,000 FPO 5,000,000
shares on market
28 / 12 / 2018 Viburnum Purchase of $ 313,331 1,042,491 FPO 1,042,491
shares on market
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4. Present relevant interests

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

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Holder of Registered holder Person entitled to be Nature of relevant interest Class and Person's
relevant interest of securities registered as holder (6) number of votes
(8) securities
Viburnum JP Morgan Viburnum Power to (or to control) 45,067,066 45,067,066
Nominees exercise vote and/or FPO
Australia Ltd dispose of the securities
as discretionary
investment managers or
advisers of
superannuation funds,
pooled superannuation
trusts, managed
investment schemes and
investment management
agreements.
Viburnum As above As above Relevant interest under
Subsidiaries and section 608(3)(a) and/or
Associates (refer 608(3)(b) of the Corporations
Annexure A) Act 2001 (Cth).
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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 Not Applicable

6. Addresses

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

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Name Address
Viburnum 31 Carrington Street, Nedlands, WA, 6009
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Signature

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Print Name David St Quintin Capacity Company Secretary
Sign Here Date 28 / 12 / 2018
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Annexure A to form 604

This is Annexure A of 1 page referred to in ASIC form 604 (Notice of change of interests of substantial holder), for Experience Co Limited

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David St Quintin Company Secretary 28 December 2018

Viburnum Funds Pty Ltd Subsidiaries (“ Viburnum Subsidiaries ”):

Viburnum Management Pty Ltd (ACN 126 937 424) Viburnum Holdings (Singapore) Pte. Ltd. V3 Trustees Pte. Ltd. V3 Management Pte. Ltd. Viburnum Management Pte. Ltd.

Viburnum Funds Pty Ltd Associates (“ Viburnum Associates ”):

Wyllie Funds Management Pty Ltd (ACN 125 989 693) Wyllie Group Pty Ltd (ACN 008 763 120)