HUB24 LIMITED — M&A Activity 2021

Feb 15, 2021

Via ASX Online

ASX ANNOUNCEMENT – 16 February 2021

ASX Market Announcements Office ASX Limited

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HUB24’s Offer to Close on 22 February 2021

Directors of Easton Investments Limited ( Easton or the Company ) advise that the attached note is being sent to Easton shareholders today in response to yesterday’s announcement by HUB24 Limited ( HUB24 ) that HUB24’s off-market proportional takeover offer for 1 out of every 3 Easton shares will not be extended beyond 7:00pm (Sydney time) 22 February 2021.

Authorised for release by Kevin White, Chairman.

Kevin White

Chairman

Mobile 0403 269 193 Email kevin.white1202@gmail.com

Note from the Chairman

16 February 2021

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Dear Easton Shareholder

HUB24’s Offer to Close on 22 February 2021

I am writing to inform you that that HUB24 Limited ( HUB24 ) has confirmed that it will not be extending its off-market proportional takeover offer for 1 out of every 3 Easton shares beyond 7:00pm (Sydney time) 22 February 2021.

As you will be aware, HUB24’s Offer was sent to Easton Shareholders on 21 January 2021 and Easton’s response to HUB24’s Offer was sent on 25 January 2021 (I refer specifically to HUB24’s Bidder’s Statement and Easton’s Target’s Statement respectively).

For the reasons set out in the Target’s Statement, your Easton Directors have unanimously recommended that you ACCEPT HUB24’s Offer in the absence of a superior offer. I confirm that no other proposal has been received by Easton at this time and that HUB24 presently holds a relevant interest in Easton of 29.3%.

As disclosed in the Target’s Statement, each of the Easton Directors has accepted HUB24’s Offer for the Easton shares they own or control.

If you are planning to accept HUB24’s Offer, as a reminder I would suggest that you do so promptly as the offer will not remain open for acceptance beyond the specified closing date (i.e. 22 February 2021).

To accept HUB24’s Offer, please follow the instructions detailed in the Acceptance Form in the Bidder’s Statement.

If you have any questions about HUB24’s Offer or if you require additional assistance, including a copy of the Acceptance Form, please contact the Offer Information Line on 1300 131 678 (for calls made within Australia) or +61 1300 131 678 (for calls made from outside Australia) between 8.30am and 5.00pm (Sydney time) Monday to Friday. Alternatively, I am available to answer any queries that you might have generally on HUB24’s Offer, or more particularly on the reasons for the recommendation by Easton Directors to accept HUB24’s Offer.

Yours Sincerely

Kevin White Chairman

Mobile 0403 269 193 Email kevin.white1202@gmail.com