IVE GROUP LIMITED — Major Shareholding Notification 2023

Aug 21, 2023

DocuSign Envelope ID: 6DDEB559-1B2B-44E1-B93E-0B16D5F81111

Form 605

CorporationsAct 2001 Section 671B

Notice of ceasing to be a substantial holder

IVE Group Limited (ASX:IGL)

To Company Name/Scheme ACN/ARSN ACN: 606 254 644

1. Details of substantial holder (1)

Name Annexure A ACN/ARSN (if applicable) Annexure A

The holder ceased to be a

Substantial holder on 18 Aug 2023 The previous notice was given to the company on 26 Sep 2022 The previous notice was dated 26 Sep 2022

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, are levant interest (2) of the substantial holder or an associate (3 ) 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:

Date of change	Person whose relevant interest changed	Nature of change(4)	Consideration Given in relation to change(5)	Class(6)and number of securities affected	Person's votes affected
	Annexure C

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not Applicable

4. Addresses

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

Name	Address
Annexure B

Signature

Print name Nick Griffiths, Director Date 22 Aug 2023

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DocuSign Envelope ID: 6DDEB559-1B2B-44E1-B93E-0B16D5F81111

Annexure A
Details of Substantial Holder Pengana Capital Group Ltd Pengana Capital Ltd Pengana Investment Management Ltd	ACN 059 300 426 103 800 568 063 081 612 107 462 966
Pengana International Equities Ltd

Annexure B
Pengana Capital Group Ltd Pengana Capital Ltd Pengana Investment Management Ltd	Suite 1, Level 27, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW 2000, Australia
Pengana International Equities Ltd

DocuSign Envelope ID: 6DDEB559-1B2B-44E1-B93E-0B16D5F81111

Annexure C
Date of Change	Security Code	No of Fully Paid Ordinary Shares	Cash Consideration	Holder
23-Sep-2022	IGL	200,551	$461,236.93	Pengana Capital Ltd
26-Sep-2022	IGL	132,617	$298,925.08	Pengana Capital Ltd
28-Sep-2023	IGL	888,889	$2,000,000.25	Pengana Capital Ltd
08-Dec-2022	IGL	72,263	$166,997.84	Pengana Capital Ltd
09-Dec-2022	IGL	147,649	$344,157.52	Pengana Capital Ltd
12-Dec-2022	IGL	19,317	$44,995.34	Pengana Capital Ltd
02-May-2023	IGL	-1,000,000	-$2,374,764.00	Pengana Capital Ltd
18-Aug-2023	IGL	-1,200,000	-$2,753,928.00	Pengana Capital Ltd