HUMM GROUP LIMITED — Major Shareholding Notification 2025

Oct 28, 2025

page 1/2 15 July 2018

603

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company/registered scheme/notified foreign passport fund name

Humm Group Limited

ACN/ARSN/APFRN NFPFRN (if applicable)

ACN 122 574 583

1. Details of substantial holder (1)

Name

Jeremy Michael Kersten Raper and Collins St Asset Management Pty Ltd ACN 601 897 974 as trustee for Collins St Value Fund

ACN/ARSN/APFRN (if applicable) NFPFRN (if applicable)

The holder became a substantial holder on

29/10/2025

2. Details of voting power

The total number of votes attached to all the voting shares or interests in the company, scheme or fund that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities(4)	Number of securities	Person’s votes(5)	Voting power(6)
OrdinaryShares	36,285,841	7.36%	7.36%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

r are as follows:
Holder of relevant interest	Nature of relevant interest(7)Class and number of securities
JeremyMichael Kersten Raper	Pursuant to section 608(1)(a), (b)and(c)18,670,000 OrdinaryShares
Collins St Asset Management Pty Ltdas trustee for Collins St Value Fund	Pursuant to section 608(1)(a), (b) and (c) 17,615,841 Ordinary Shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Class andnumber ofsecurities
Jeremy Michael Kersten Raper	Jeremy Michael Kersten Raper	Jeremy Michael Kersten Raper	18,670,000 OrdinaryShares
Collins St Asset ManagementPty Ltd as trustee for Collins StValue Fund	Sandhurst Trustees Ltd	Collins St Asset Management PtyLtd as trustee for Collins St ValueFund	17,615,841 OrdinaryShares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

ntial holder is as follows:
Holder of relevant	Date of acquisition		Consideration (9)			Class andnumber of
interest						securities
			Ca	sh	Non-cash
Jeremy Michael Kersten Raper	26/6/25 – 27/10/25		$11,91	1,460	N/A	18,670,000 OrdinaryShares
Collins St Asset Management			$2,900	,242	N/A	4,500,000 Ordinary
Pty Ltd as trustee for Collins StValue Fund	11/9/25 – 17/10/2					Shares

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603 page 2/2 15 July 2018

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN/APFRN (ifapplicable) and NFPFRN (if applicable)	Nature of association
Jeremy Michael Kersten Raper	Each holder is an associate of the other because they are acting in concert in relationto the affairs of the Company.
Collins St Asset Management Pty LtdACN 601 897 974 as trustee for CollinsSt Value Fund
f persons named in this form are as follows:
Name	Address
Jeremy Michael Kersten Raper	112 New South Head Road, Vaucluse, NSW 2030
Collins St Asset Management Pty Ltd astrustee for Collins St Value Fund	Level 9, 365 Little Collins Street, Melbourne VIC 3000

7. Addresses

The addresses of persons named in this form are as follows:

Signature

print nameJEREMY RAPER VASILIOS PIPEROGLOUcapacityOwner, CIO
sign heredate29/10/2025
DIRECTIONS
er of substantial holders with similar or related relevant interests (eg. A corporation and its related corporations, or the manager and
trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar,
d to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is
ragraph 7 of the form.

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. A corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached to all the voting shares or interests in the company, scheme or fund (if any) that the person or an associate has a relevant interest in.

• (6) The person’s votes divided by the total votes in the body corporate, scheme or fund multiplied by 100.

• (7) Include details of:

  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown.’”

• (9) Details of the consideration must include any and all benefits, money and otherwise, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

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