KEYBRIDGE CAPITAL LIMITED — M&A Activity 2020

Mar 12, 2020

==> picture [173 x 42] intentionally omitted <==

A.B.N. 69 092 626 885 AFSL No. 222110

Suite 613, Level 6 370 St Kilda Road MELBOURNE, VIC 3004

Telephone: 1300 553 431 Email: enquiries@aurorafunds.com.au

12 March 2020

BY ELECTRONIC LODGEMENT

Company Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

ASX ANNOUNCEMENT – TAKEOVER BID UPDATE

Aurora Dividend Income Trust (ADIT) Takeover Bid for the ordinary shares in Keybridge Capital Limited Notice of status of defeating conditions

Aurora Funds Management Limited (ACN 092 626 885), as responsible entity for Aurora Dividend Income Trust (ARSN 151 947 732), refers to the off-market takeover bid for the fully paid ordinary shares in Keybridge Capital Limited (ACN 088 267 190) ( KBC) , for the improved cash consideration of 7.0 cents for each fully paid ordinary share ( Bid ).

In accordance with section 650F(3)(a) of the Corporations Act 2001 (Cth) ( Act ), we enclose a notice under section 650F(1) of the Act in relation to freeing the Bid of defeating conditions.

Yours faithfully,

==> picture [109 x 45] intentionally omitted <==

Mark Briglia Company Secretary Aurora Funds Management Limited As responsible entity for Aurora Dividend Income Trust

==> picture [217 x 202] intentionally omitted <==

==> picture [173 x 42] intentionally omitted <==

A.B.N. 69 092 626 885 AFSL No. 222110

Suite 613, Level 6 370 St Kilda Road MELBOURNE, VIC 3004

Telephone: 1300 553 431 Email: enquiries@aurorafunds.com.au

Aurora Funds Management Limited (ACN 092 626 885) as responsible entity for Aurora Dividend Income Trust (ARSN 151 947 732) (“Bidder”)

Notice under section 650F(1) of the Corporations Act 2001 (Cth) that takeover bid freed from defeating conditions

• To: ASX Limited; and

Keybridge Capital Limited (ACN 088 267 190) (“ KBC ”)

Bidder has made offers under an off-market takeover bid for the ordinary shares in KBC (“ Offers ”). The Offers are contained in the bidder’s statement dated 7 February 2020 as amended by the first supplementary bidder’s statement dated 5 March 2020 (“ Bidder’s Statement ”).

For the purposes of section 650F(1) of the Corporations Act 2001 (Cth), Bidder gives notice and declares that:

1. as at the date of this notice, Bidder has freed the Offers of all of the defeating conditions in section 10.7 of the Bidder’s Statement; and

2. as at 9.00am on 12 March 2020, its voting power in KBC was 17.5% (comprising 32,881,173 shares out of a total 188,136,486 shares currently on issue in KBC).

Date : 12 March 2020

Signed for and on behalf of Aurora Funds Management Limited as responsible entity of Aurora Dividend Income Trust:

==> picture [108 x 44] intentionally omitted <==

Mark Briglia Company Secretary Aurora Funds Management Limited