HOMECO DAILY NEEDS REIT — M&A Activity 2022

Jan 20, 2022

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ASX RELEASE

21 January 2022

INDICATIVE OUTCOME OF ELECTIONS FOR HOMECO SCRIP CONSIDERATION

Aventus Capital Limited (ACN 606 555 480) (in its capacity as responsible entity of the Aventus Retail Property Fund (ARSN 608 000 764)) and Aventus Holdings Limited (ACN 627 640 180) ( Aventus Company ) (collectively, Aventus ) refer to the Scheme Booklet registered with the Australian Securities and Investments Commission on 7 December 2021 ( Scheme Booklet ) and proposed Merger, by way of the Unstapling of Aventus Shares and Aventus Units, followed by the implementation of the Trust Scheme and Members’ Scheme, under which:

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

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

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

As stated in the Scheme Booklet, Aventus Securityholders (other than Ineligible Foreign Securityholders) could elect to receive either the Cash Consideration or the HomeCo Scrip Consideration for all of their Scheme Shares. Any Aventus Securityholder who has not made a valid Election to receive the HomeCo Scrip Consideration by the Election Deadline will receive the Cash Consideration in respect of the Aventus Shares they hold on the Scheme Record Date.

Any person who is an Ineligible Foreign Securityholder or becomes an Aventus Securityholder after the Election Deadline will receive the Cash Consideration in respect of their Aventus Shares.

The Election Deadline for Aventus Securityholders to elect to receive the HomeCo Scrip Consideration, being 7.00pm (Sydney time) on Thursday, 20 January 2022, has now passed. As at the Election Deadline, 788 Aventus Securityholders, representing 221,518,179 Aventus Securities, have made Elections to receive the HomeCo Scrip Consideration.

Aventus Securityholders were entitled to make an Election by submitting a paper Election Form to the Aventus Securities Registry before the Election Deadline. As the Aventus Securities Registry is still processing paper Election Forms received by the Election Deadline, and the securityholdings of Aventus Securityholders may change between the Election Deadline and the Scheme Record Date, the above Election outcome is preliminary only. The final Election outcome is not expected

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

to differ materially from the above Election outcome and will be confirmed on the Scheme Record Date.

Next steps

Aventus Securityholders are reminded that the latest time and date for receipt of proxy forms for the Meetings is 10.00am (Sydney time) on Sunday, 23 January 2022.

The Meetings will be held at 10.00am (Sydney time) on Tuesday, 25 January 2022. Aventus Securityholders will be able to participate in the Meetings in person at ANZ Tower, 161 Castlereagh Street, Sydney NSW 2000 Australia, online via the online platform at https://agmlive.link/AVN22, or by proxy.

For any questions in relation to the Scheme Booklet or the Merger, please contact the Aventus Securityholder Information Line on 1300 490 813 (within Australia) or +61 2 9066 4052 (outside Australia), between 9.00am and 5.00pm (Sydney time), Monday to Friday, except public holidays.

This announcement was approved for release by the Chair (ARCC) and the CEO.

Mary Weaver Company Secretary (02) 9285 6711

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