IVE GROUP LIMITED — Capital/Financing Update 2017

Sep 17, 2017

IVE Group Limited ABN 62 606 252 644

Level 3 35 Clarence Street Sydney NSW 2000

P+61 2 9089 8550 ivegroup.com.au

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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

ASX Announcement – IVE Group Limited (ASX: IGL)

18 September 2017

SUCCESSFUL COMPLETION OF RETAIL ENTITLEMENT OFFER

IVE Group Limited (ASX: IGL) ( IVE ) is pleased to announce the successful completion of its fully underwritten 1 for 4.4 pro-rata accelerated non-renounceable entitlement offer ( Entitlement Offer ).

Key Highlights

• Retail Entitlement Offer raised approximately $16.9 million

• Eligible retail shareholders have taken up 36% of their Entitlements

• Additional shares allocated to eligible retail shareholders under the Top Up Facility

Retail Entitlement Offer

The retail component of the Entitlement Offer ( Retail Entitlement Offer ) under which eligible retail shareholders were able to take up their pro rata entitlement and apply for additional new shares closed on Wednesday, 13 September 2017, raising approximately $16.9 million at $2.05 per new share ( Offer Price ).

Eligible retail shareholders supported the Retail Entitlement Offer, taking up 36% of their Entitlements. In addition, all applications for additional new shares by eligible retail shareholders under the Top Up Facility, up to a maximum of 100% of their entitlement, have been accepted.

The approximately 4,932,722 new shares not taken up under the Retail Entitlement Offer will be allocated to the underwriters, Bell Potter Securities Limited and Shaw and Partners Limited, in accordance with the terms of the underwriting agreement.

New shares to be issued in relation to the final acceptance under the Retail Entitlement Offer (including additional new shares) are expected to be allotted on Wednesday 20 September 2017 and commence trading on a normal settlement basis on Thursday, 21 September 2017. Holding statements are expected to be dispatched on Friday, 22 September 2017.

Shareholder Enquiries

If you have any questions in relation to the Entitlement Offer, please contact the IVE Shareholder Information Line on 1300 420 094 (within Australia) and +61 1300 420 094 (from outside Australia) from 8.30am to 5.30pm (AEDT) Monday to Friday, until 6 October 2017.

Further information in relation to the Entitlement Offer described in this announcement can be found in the Investor Presentation lodged with the ASX on 28 August 2017.

IVE22_0616

Important Notice

Nothing contained in this announcement constitutes investment, legal, tax or other advice. You should make your own assessment and take professional advice in relation to the information and any action on the basis of the information.

NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES

This announcement has been prepared for publication in Australia and may not be released or distributed in the United States. This announcement does not constitute an offer, invitation or recommendation to subscribe for or purchase any security or financial product and neither this announcement nor anything attached to this announcement shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or the solicitation of any offer to buy, securities in the United States or any other jurisdiction in which such an offer would be illegal. Any securities described in this announcement have not been and will not be, registered under the U.S. Securities Act of 1933, as amended ( Securities Act ), or the securities laws of any state or jurisdiction of the United States. Accordingly, the securities may not be offered or sold directly or indirectly in the United States unless they have been registered under the Securities Act (which IVE has no obligation to do or procure) or are offered and sold in a transaction exempt from, or not subject to, the registration of the Securities Act and any other application United States state securities laws.

Forward looking statements

This announcement contains forward looking statements, including statements of current intention, statements of opinion and predictions as to possible future events. Forward looking statements should, or can generally, be identified by the use of forward looking words such as “believe”, “expect”, “estimate”, “will”, “may”, “target” and other similar expressions within the meaning of securities laws of applicable jurisdictions, and include but are not limited to the expected outcome of the Acquisitions. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward looking statements. Such statements are not statements of fact and there can be no certainty of outcome in relation to the matters to which the statements relate. These forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors that could cause the actual outcomes to be materially different from the events or results expressed or implied by such statements. Those risks, uncertainties, assumptions and other important factors are not all within the control of IVE and cannot be predicted by IVE and include changes in circumstances or events that may cause objectives to change as well as risks, circumstances and events specific to the industry, countries and markets in which IVE operates. They also include generic economic conditions, exchange rates, interest rates, competitive pressures, selling price, market demand and conditions in the financial markets which may cause objectives to change or may cause outcomes not to be realised.

None of IVE or any of its subsidiaries, advisors or affiliates (or any of their respective officers, employees or agents) makes any representation, assurance or guarantee as to the accuracy or likelihood of fulfilment of any forward looking statement or any outcomes expressed or implied in any forward looking statements. Statements about past performance are not necessarily indicative of future performance.

ENDS

For more information:

Geoff Selig Executive Chairman

http://investors.ivegroup.com.au