EXPERIENCE CO LIMITED — Major Shareholding Notification 2022

Mar 30, 2022

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

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To: Experience Co Ltd
ACN/ARSN: 56 167 320 470 Source: Australian Business Register
Name: Perennial Value Management Limited
ACN: 22 090 879 904
The holder became a substantial shareholder on: 29 March 2022
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2. Details of Voting Power

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The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had
a relevant interest in on the date the substantial holder are as follows:
Class of securities Number of securities Person’s votes Voting Power (%)
Ordinary 44,638,234 44,638,234 5.93
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3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a susbstantial holder are as follows:

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Holder of relevant interest Nature of relevenat interest Class & number of securities (Ord)
Perennial Value Management Investment Manager 44,638,234
Limited
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4. Details of present registered holders

The persons registered as holders of the securities referred to paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as	Class & number of
		holder	securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing	34,638,640
Perennial Value Management Limited	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited	9,999,594

5. Consideration

The consideration paid for each relevant interest referred to paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Date of acquisition		Consideration			Class & and	number of
				Cash		Non-cash	securities
National Asset Servicing			28/02/2022	$	7,794.25			23,589
National Asset Servicing			2/03/2022	$	14,319.13			43,377
National Asset Servicing			16/03/2022	$	442,972.40			1,700,000
National Asset Servicing			21/03/2022	$	871,914.00			3,000,000
National Asset Servicing			23/03/2022	$	2,615,742.00			9,000,000
National Asset Servicing			28/03/2022	$	146,819.49			505,337
National Asset Servicing			28/03/2022	$	383,503.54			1,322,426
Citicorp Nominees Pty Limited			29/03/2022	$	2,906,262.00			9,999,594
National Asset Servicing			29/03/2022	$	118.00			406
6. Associates
The reasons the persons above in paragraph 3 above			are associates of the substantial		holder are as follows:
Name & ACN		Nature of association
Not applicable

7. Addresses

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

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Name Address
Perennial Value Management Level 27, 88 Phillip St
Limited Sydney NSW 2000
Experience Co Ltd Experience Co Ltd1/51 Montague Street, North Wollongong, Nsw 2500
Signature
Print Name Bill Anastasopoulos Capacity Company Secretary
Sign Here Date 30/03/2022
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