FATFISH GROUP LIMITED — Capital/Financing Update 2017

Oct 19, 2017

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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne Victoria 3000 Australia www.fatfish.co

20 October 2017 ASX Announcement

MARKET UPDATE –RESTRUCTURE AND EUROPEAN IPO

As announced on 11 September 2017 Fatfish Internet Group Ltd (Company) (ASX code: FFG) is proceeding with the restructure of its core assets under the venture builder division and the proposed IPO of a number of those core assets to be listed in Sweden.

Further to the announcement of 19 September 2017 regarding the waiver granted by the ASX, the Company notes that it is continuing to work with its European advisors to finalize the restructure and IPO prospectus. The Company is pleased to announce that the restructure is completed today with the relevant core assets transferred to the Company’s Swedish subsidiary Fatfish Global Ventures AB (publ).

Correspondingly Fatfish Global Ventures AB (publ), that now holds those core assets of the Company’s venture building activities, assumes the role of the global headquarter of the Company’s venture building activities.

The completion of the restructure also represents a major milestone forward in the Company’s plan to seek an IPO for Fatfish Global Ventures AB (publ) on a Swedish exchange. The IPO team is targeting a lodgment of the IPO prospectus with the Swedish regulator by 1 December 2017.

The Company will look to update the market further on the status of the transaction as it progresses.

About Fatfish Internet Group

Fatfish Internet Group Ltd (‘FFG’) is a Southeast Asian and Australian based Internet venture investment and development firm. FFG partners with entrepreneurs to help them build and grow Internet businesses via a coentrepreneurship model.

FFG’s co-entrepreneurship model seeks an active involvement from seed

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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne Victoria 3000 Australia www.fatfish.co

funding stage to exit stage of its investee companies. In parallel FFG seeks to provide a collection of resources and expertise to support entrepreneurs in important areas such as business strategy, market access, talent recruitment, product development and corporate strategy.

This unique “seed-to-exit” approach makes FFG a strategic partner that provides the funding, resources and platform to hasten the growth of promising technology businesses.

FFG also offers corporate advisory services specializing in working with tech companies to bring to bear alternative funding and growth models for tech companies through Initial Public Offerings (IPOs) or capital market transactions vide trade sales or Mergers & Acquisitions (M&A).

For further question on this release, please contact the Investor Relations Team at ir@fatfish.co or visit www.fatfish.co