IDENTITII LIMITED — Major Shareholding Notification 2020

May 19, 2020

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Identitii Ltd (ID8) ACN/ARSN 603 107 044 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821

There was a change in the interests of the substantial holder on 18/05/2020 The previous notice was given to the company on 18/05/2020 The previous notice was dated 13/05/2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

scheme, are as follows:
Class of securities (4)	Previous notice		Current notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	5,915,193	7.23%	5,062,153	6.19%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Holder of relevantinterest	Date of acquisition	Nature ofchange	Consideration (9)	Class and number of securities
REGAL FUNDSMANAGEMENT PTY LTD	14/05/2020 - 18/05/2020	SELL	$0.08 - $0.11 p/share	853,040 ORDINARY

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to beregistered as holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person'svotes
UBS AG, AUSTRALIABRANCH	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIABRANCH	HOLDER OFSHARES	5,062,153ORDINARY	5,062,153

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association NOT APPLICABLE 6. Addresses The addresses of persons named in this form are as follows: Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE PHILIP KING SYDNEY NSW 2000 Signature print name Philip King capacity Director sign here date 20/05/2020