IPD GROUP LTD — Major Shareholding Notification 2023

Mar 30, 2023

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme IPD Group Ltd ACN/ARSN ACN 111 178 351

1. Details of substantial holder (1)

Geoffrey Thomas Bacon Janice Mary Bacon Michael Geoffrey Bacon Steven Thomas Bacon Name Gregory Mark Bacon CL Aust Pty. Ltd ACN 010 195 383 Conlog (Qld)Pty. Ltd. ACN 069 857 763

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 29 / 3 / 2023 The previous notice was given to the company on 15 / 12 / 2021 The previous notice was dated 20 / 12 / 2021

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:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary Shares	11,189,965	12.97%	8,074,965	9.35%

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:

s follows:
Date ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person's votesaffected
29/3/2023	CL Aust PtyLtd astrustee forthe GeoffreyThomas BaconFamily TrustA/C	Sell	-9,781,100.00	-3,115,000	3,115,000

4. Present relevant interests

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

604 Page 2 of 3 15 July 2001

Holder of relevantinterest	Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class andnumber ofsecurities	Person'svotes
Geoffrey ThomasBaconJanice MaryBaconMichaelGeoffrey BaconSteven ThomasBaconGregory MarkBaconCL Aust Pty Ltdas trustee forthe GeoffreyThomas BaconFamily TrustA/C				CL Aust Pty Ltdis the trustee		7,491,006
	aeffrey Baconven Thomasongory Markon	The GeoffreyThomas BaconFamily TrustA/C	The GeoffreyThomas BaconFamily TrustA/C	for theGeoffrey ThomasBacon FamilyTrust A/C andin thatcapacity canexercise thepower to voteor dispose of	7,491,006fullypaidordinaryshares	7,491,006
				the shares
Geoffrey ThomasBaconJanice MaryBaconMichaelGeoffrey BaconSteven ThomasBaconGregory MarkBaconConlog(Qld)Pty.Ltd.						583,959
	onice Maryonhaelffrey Baconven Thomas	Conlog(Qld)Pty.Ltd	Conlog(Qld)Pty.Ltd	Conlog(Qld)Pty.Ltd is theregistered andbeneficialholder of theshares andrelevantinterest, andin that	583,959fullypaidordinary	583,959
				capacity canexercise thepower to voteor dispose ofthe shares	shares

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
N/A

6. Addresses

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

Name	Address
Geoffrey Thomas BaconJanice Mary BaconMichael Geoffrey BaconSteven Thomas BaconGregory Mark BaconCL Aust PTY Ltd astrustee for the GeoffreyThomas Bacon Family	Unit 405/53B Newstead Terrace, Newstead Qld 4006Unit 405/53B Newstead Terrace, Newstead Qld 400642 Parry Street, Bulimba Qld 4171Unit 20603/61 St Leger way, Ascot Qld 400719 View Street, Wooloowin Qld 4030C/- Priestleys Accounting Pty Ltd, Level 1, 221 Logan Road,

604 Page 3 of 3 15 July 2001

Trust A/C Woolloongabba Qld 4102
Conlog (Qld)Pty Ltd

Signature

print name Steven Bacon

==> picture [114 x 47] intentionally omitted <==

sign here

capacity Director/Individual capacity date 31 / 3 / 2023

DIRECTIONS

• (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 6 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 person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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.

• (7) Details of the consideration must include any and all benefits, money and other, 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.

• (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) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.