HAZER GROUP LIMITED — Capital/Financing Update 2020

Oct 29, 2020

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Hazer Group Limited (ACN 144 044 600) Level 9, 99 St Georges Tce, WA 6000 PO Box Z5511, St Georges Tce, Perth, WA 6831

CLEANSING NOTICE

PERTH, AUSTRALIA; 30 OCTOBER 2020 : Hazer Group (ASX: HZR) ( Hazer or the Company ) provides the following information in relation to the shares issued today being:

• (i) 200,000 new fully paid ordinary shares (Shares) pursuant to the exercise of 200,000 unlisted Series B options with a $0.40 exercise price and 31 December 2020 expiry date, raising $80,000.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Act”)

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, the Shares noted above and in the Appendix 2A announced on 13 October 2020 will fall within the exemption in section 708A(5) of the Act.

For the purposes of section 708A(6) of the Corporations Act, the Company gives a notice that:

• 1 the Company issued the Shares without disclosure under Part 6D.2 of the Act; and

• 2 the notice is given under section 708A(5)(e) of the Act; and

• 3 as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• 4 as at the date of this notice, there is no information to be disclosed under section 708(6)(e) of the Act which is excluded information (as defined in sections 708A(7) and 708A(8) of the Act).

This announcement was authorised for release by the Managing Director of the Company.

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Emma Waldon Company Secretary

[ENDS]

CONTACT@HAZERGROUP.COM.AU

WWW.HAZERGROUP.COM.AU

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