HUB24 LIMITED — M&A Activity 2021

Feb 14, 2021

==> picture [96 x 27] intentionally omitted <==

ASX Release: 15 February 2021]

HUB24’s offer for Easton shares to close on 22 February 2020

HUB24 Limited (“ HUB24 ”) refers to its recommended off-market proportional public takeover offer for 1 out of every 3 fully paid ordinary shares in Easton Investments Limited (“ Easton ”) for $1.20 cash per Easton share (“ Offer ”) set out in HUB24’s Bidder’s Statement dated 6 January 2021 (“Bidder’s Statement” ). The Offer was declared unconditional on 1 February 2021.

HUB24 today confirms its Offer will not be extended beyond 7:00pm (Sydney time) 22 February 2021. HUB24 has a relevant interest in 29.16% of Easton shares[1] on issue as at 7:00pm (Sydney time) on 12 February 2021.

Easton shareholders should ACCEPT the Offer now without delay to realise a certain cash premium, as set out in the Bidder’s Statement, for 1 out of every 3 of their Easton shares. Payment of $1.20 per Easton share will be made within ten business days of acceptance being received.

Further reasons to accept the Offer are set out on page 8 of the Bidder’s Statement. Full details on how to accept the Offer are set out in Section 7.3 of the Bidder’s Statement.

Please see below for the Notice of Status of Defeating Conditions Under Section 630(3) of the Corporations Act 2001 (Cth).

If you have any questions in relation to the Offer, please contact the Offer Information Line on 1300 794 935 (from within Australia) or +61 1300 794 935 (from outside Australia) between 8:30am to 5:00pm (Sydney time) Monday to Friday or visit https://events.miraqle.com/hub24-offer.

Further Information

Shareholder Inquiries: Media Inquiries: Kitrina Shanahan Fiona Harris Chief Financial Officer Media & Public Relations HUB24 Limited HUB24 Limited 0478474590 0466012434

About HUB24 Limited

HUB24 Limited is a company listed on the Australian Securities Exchange. The Group consists of the awardwinning HUB24 Platform and HUBconnect business. The HUB24 platform offers a comprehensive range of investment options, including the market-leading managed portfolio solution, and enhanced transaction and reporting functionality. As one of the fastest growing platforms in the market, the platform is recognised for providing choice and innovative product solutions that create value for advisers and their clients.

HUBconnect focuses on leveraging data and technology to provide solutions to common challenges for licensees and advisers, to enable the delivery of professional advice to more Australians.

This announcement was authorised for release to the market by the Managing Director of HUB24 Limited. Ends

1 HUB24’s relevant interest comprises the shares that HUB24 was issued as consideration for the sale of Paragem Pty Limited together with acceptances received under the Offer to date.

Level 2, 7 Macquarie Place, Sydney, NSW 2000 Australia

E admin@HUB24.com.au T 1300 854 991 F 1300 781 689 A GPO Box 529, Sydney, NSW 2001

HUB24.COM.AU

==> picture [96 x 27] intentionally omitted <==

HUB24 LIMITED ACN 124 891 685

NOTICE OF STATUS OF DEFEATING CONDITIONS UNDER SECTION 630(3) OF THE CORPORATIONS ACT 2001 (Cth)

To: Easton Investments Limited ACN 111 695 357 ( Easton

ASX Limited ACN 168 928 416

This is a notice given by HUB24 Limited (ACN 124 891 685) ( HUB24 ) under section 630(3) of the Corporations Act 2001 (Cth) , in relation to the offers dated 21 January 2021 made under its offmarket proportional takeover bid for 1 out of every 3 ordinary shares of Easton ( Offers ) contained in its Bidder's Statement dated 6 January 2021 ( Bidder's Statement ).

HUB24 gives notice that:

1. the Offers, and all contracts resulting from acceptance of the Offers, are free of all of the conditions contained in the Bidder's Statement (the conditions having been waived by HUB24 on 1 February 2021);

2. as a result, the Offers and any contracts arising from the acceptance of the Offers are wholly unconditional; and

3. so far as HUB24 knows, HUB24's voting power in Easton was 29.16% as at 9:00am (Sydney time) on 15 February 2021.

Dated: 15 February 2021

Signed for and on behalf of

HUB24 Limited by:

==> picture [139 x 51] intentionally omitted <==

Andrew Alcock Director (Authorised signatory)

Level 2, 7 Macquarie Place, Sydney, NSW 2000 Australia

E admin@HUB24.com.au T 1300 854 991 F 1300 781 689 A GPO Box 529, Sydney, NSW 2001

HUB24.COM.AU