JANISON EDUCATION GROUP LIMITED — Major Shareholding Notification 2021

Aug 9, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Janison Education Group Ltd ACN/ARSN: 90 091 302 975 Source: Australian Business Register 1. Details of substantial holder (1) Name: Perennial Value Management Limited (PVM) ACN/ARSN (if applicable) 22 090 879 904 There was a change in the interest of the substantial holder on 6 August 2021 The previous notice was given to the company on 27 May 2021 The previous notice was dated 25 May 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 relavant interest

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting Power(%) (5)	Person's votes	Voting Power(%) (5)
Ordinary	18,125,524	8.60	17,398,161	7.48

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

Date of change	Person whose relevantinterest changed	Nature of change (6)	Consideration given inrelation to change (7)	Class & number ofsecurities affected	Person's votes affected
26/05/2021	National Asset Servicing	BuyOn the Market	13,281.16$	16,383	16,383
31/05/2021	National Asset Servicing	Sell On the Market	434,043.00$	500,000	500,000
8/06/2021	National Asset Servicing	BuyOn the Market	5,428.70$	6,500	6,500
9/06/2021	BNP Paribas SecuritiesServices	Sell On the Market	712,429.20$	850,000	850,000
15/06/2021	BNP Paribas SecuritiesServices	Sell On the Market	73,783.77$	82,819	82,819
16/06/2021	National Asset Servicing	Sell On the Market	2,640.27$	3,053	3,053
17/06/2021	National Asset Servicing	Sell On the Market	22,972.44$	25,676	25,676
30/06/2021	National Asset Servicing	BuyOn the Market	334,503.84$	380,118	380,118
30/06/2021	National Asset Servicing	BuyOn the Market	879,245.84$	999,143	999,143
30/06/2021	National Asset Servicing	BuyOn the Market	21,534.48$	24,471	24,471
30/06/2021	National Asset Servicing	BuyOn the Market	230,683.20$	262,140	262,140
30/06/2021	National Asset Servicing	BuyOn the Market	36,472.48$	41,446	41,446
1/07/2021	National Asset Servicing	BuyOn the Market	68,127.86$	77,401	77,401
6/07/2021	National Asset Servicing	BuyOn the Market	44,164.72$	52,366	52,366
7/07/2021	National Asset Servicing	BuyOn the Market	25,358.36$	30,000	30,000
23/07/2021	National Asset Servicing	BuyOn the Market	2,590,652.14$	3,090,364	3,090,364
23/07/2021	National Asset Servicing	BuyOn the Market	732,374.93$	873,643	873,643
23/07/2021	National Asset Servicing	Sell On the Market	318,652.92$	380,118	380,118
23/07/2021	National Asset Servicing	Sell On the Market	3,004,374.15$	3,583,889	3,583,889
2/08/2021	National Asset Servicing	BuyOn the Market	3,031.17$	3,718	3,718
3/08/2021	National Asset Servicing	BuyOn the Market	44,472.44$	55,138	55,138
4/08/2021	National Asset Servicing	BuyOn the Market	29,002.40$	35,361	35,361
6/08/2021	BNP Paribas SecuritiesServices	Sell On the Market	479,171.01$	594,709	594,709
6/08/2021	National Asset Servicing	Sell On the Market	527,983.36$	655,291	655,291

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 ofsecurities	Person entitled to beregistered as holder (8)	Nature of relevantinterest (6)	Class & number ofsecurities (Ord)	Person's votes
Perennial Value ManagementLimited	National Asset Servicing	National Asset Servicing	12,917,788	12,917,788	12,917,788
Perennial Value ManagementLimited	BNP Paribas Securities Services	BNP Paribas SecuritiesServices	4,480,373	4,480,373	4,480,373

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

Name & ACN	Nature of association
Not applicable

6. Addresses

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

==> picture [332 x 107] intentionally omitted <==

----- Start of picture text ----- Name AddressPerennial Value Management Ltd Level 27, 88 Phillip StSydney NSW 2000Janison Education Group Ltd Janison Education Group Ltdc/- Whittens & McKeoughSignaturePrint Name Bill Anastasopoulos Capacity Company SecretarySign Here Date 10/08/2021----- End of picture text -----

==> picture [385 x 208] intentionally omitted <==

==> picture [381 x 84] intentionally omitted <==