FORTIFAI LTD — Major Shareholding Notification 2023

Jul 6, 2023

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/ Scheme Mighty Kingdom Limited ACN/ ARSN 627 145 260 1. Details of substantial holder (1) Name Phoenix Portfolios Pty Ltd ACN/ ARSN (if applicable) 117 850 254 There was a change in the interests of the substantial holder on 5/07/2023 The previous notice was given to the company on 4/07/2023 The previous notice was dated 30/06/2023

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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----- Start of picture text ----- Previous Notice Current NoticeClass of securities (4) Person's votes Voting power (5) Person's votes Voting power (5)FPO 35,270,203 9.24% 29,986,896 7.85%----- End of picture text -----

*Based on issued capital of 381,773,760 shares

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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----- Start of picture text ----- Person'sDate of Person whose relevant Consideration given in Class and number of voteschange interest changed Nature of change (6) relation to change (7) securities affected affectedConsideration for01/07/2023 - Phoenix Portfolios Pty Ltd Disposal of 5,283,307 Disposal of Shares 5,283,30705/07/2023 shares $75,023 5,283,307 shares sharesParticulars of each relevant interest of the substantial holder in voting securities after the change are as follows:Holder ofrelevant Registered Holder of Person entitled to be Class and number of Person'sinterest securities registered as holder (8) Nature of relevant interest securities votesSee Schedule1----- End of picture text -----

4. Present relevant interests

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

604 page 2/2 15 July 2001

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:

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----- Start of picture text ----- Name and ACN/ ARSN (if applicable) Nature of associationN/A6. AddressesThe addresses of persons named in this form are as follows:Name AddressPhoenix Portfolios Pty Ltd Level 6, 443 Little Collins St, Melbourne, VIC, 3000SignaturePrint name Stuart Cartledge Capacity DirectorSign here Date 07 07 2023/ /----- End of picture text -----

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Schedule 1 - Phoenix Portfolios Pty Ltd change in substantial holding for Mighty Kingdom Limited Details of relevant interests

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----- Start of picture text ----- Holder of relevant interest Nature of relevant interest Class and number of securitiesPhoenix Portfolios Pty Ltd Power to (or to control) exercise vote and/or dispose Fully paid ordinary shares 29,986,896of the securities as discretionary investmentmanagers or advisers of superannuation funds,pooled superannuation trusts, managed investmentschemes and investment management agreements.Details of present registered holdersHolder of relevant interest Registered holder of securities Persons entitled to be a registered holder Class and number ofsecuritiesPhoenix Portfolios Pty Ltd JP Morgan Nominees Australia Ltd JP Morgan Nominees Australia Ltd 20,177,188 FPOPhoenix Portfolios Pty Ltd National Nominees Ltd National Nominees Ltd 9,809,708 FPO----- End of picture text -----