HOMECO DAILY NEEDS REIT — M&A Activity 2022

Mar 3, 2022

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ASX RELEASE

4 March 2022

MERGER SUCCESSFULLY IMPLEMENTED

Aventus Capital Limited (ACN 606 555 480) (in its capacity as responsible entity of the Aventus Retail Property Fund (ARSN 608 000 764) ( Aventus Trust )) and Aventus Holdings Limited (ACN 627 640 180) (collectively, Aventus ) announces that the Merger has been successfully implemented today.

Accordingly:

• Aventus Shares and Aventus Units have been unstapled from each other;

• HMC Funds Management Limited (ACN 105 078 635) as responsible entity of the HomeCo Daily Needs REIT (ARSN 645 086 620) has acquired 100% of the Aventus Units from holders of Aventus Units under the Trust Scheme; and

• Home Consortium Limited (ACN 138 990 593) has acquired 100% of the Aventus Shares by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) ( Corporations Act ).

Other than as defined in this release, a word or phrase used in this release has the same meaning given in the Scheme Booklet.

Scheme Consideration

Scheme Consideration of:

• 2.20 HDN Units per Aventus Unit pursuant to the Trust Scheme; and

• Cash Consideration of $0.285 or 0.038 HomeCo Securities per Aventus Share pursuant to the Members’ Scheme,

has today been sent or issued to Aventus Securityholders who held Aventus Securities as at the Scheme Record Date (being 7.00pm (Sydney time) on 25 February 2022) and who were not Ineligible Foreign Securityholders.

Ineligible Foreign Securityholders who held Aventus Securities as at the Scheme Record Date will receive:

• for each Aventus Unit, net proceeds from the sale of the Sale HDN Units that they are entitled to receive under the Sale Facility and the terms of the Merger; and

• for each Aventus Share, Cash Consideration of $0.285.

Change in Officeholders

With effect from today, Darren Holland, Bruce Carter, Robyn Stubbs, Kieran Pryke and Ray Itaoui have resigned as directors of Aventus Group and Bruce Carter, Robyn Stubbs and Darren Holland have been appointed as directors of HMC Funds Management Limited.

Aventus Holdings Limited (40 627 640 180) Aventus Capital Limited (34 606 555 480) as a responsible entity of the Aventus Retail Property Fund

Level 33, Governor Macquarie Tower 1 Farrer Place, Sydney NSW 2000

aventusgroup.com.au T. 02 9285 6700

Delisting from ASX

As previously announced, trading in Aventus Securities on the ASX was suspended at the close of trading on 23 February 2022. Aventus intends to apply for its removal from the official list of the ASX in due course.

This announcement was approved for release by the Board.

Mary Weaver Company Secretary (02) 9285 6711

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