HOMECO DAILY NEEDS REIT — M&A Activity 2022

Jan 18, 2022

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ASX RELEASE

19 January 2022

FIRB APPROVAL RECEIVED IN RELATION TO PROPOSED MERGER

Aventus Capital Limited (ACN 606 555 480) ( Aventus Trustee ) (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) ( Aventus Company ) (collectively, Aventus ) are pleased to announce that the Commonwealth Government has confirmed, for the purposes of the Foreign Acquisitions and Takeovers Act 1975 (Cth), that it has no objection to the 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.

Implementation of the Merger remains subject to certain other conditions, including approval of Aventus Securityholders at the General Meeting of Aventus Unitholders, General Meeting of Aventus Shareholders and Members’ Scheme Meeting to be held concurrently at 10.00am (Sydney time) on Tuesday, 25 January 2022, and approval of the Supreme Court of New South Wales.

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

Mary Weaver Company Secretary (02) 9285 6711

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