LGI LIMITED — Major Shareholding Notification 2025

Aug 21, 2025

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

LGI Limited (“LGI”) To Company Name/Scheme ACN/ARSN 138 085 551 1. Details of substantial holder(1) McGavin Holdings (Aust) Pty Ltd <T&S McGavin Family Trust> - Timothy McGavin Name ACN/ARSN (if applicable) 107 036 082 There was a change in the interests of the substantial holder on 18 August 2025 The previous notice was given to the company on 10 October 2022 The previous notice was dated 10 October 2022

2. Previous and present voting power

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’svotes	Voting power(5)	Person’svotes	Voting power(5)
FullyPaid OrdinaryShares(Shares)	13,282,930	15.05%	11,782,930	13.27%

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 are as follows:

Date of change	Person whoserelevant interestchanged	Nature of change (6)	Considerationgiven in relation tochange (7)	Class and numberof securitiesaffected	Person’s votesaffected
21 August 2025	McGavin Holdings(Aust) PtyLtd<T&S McGavinFamilyTrust>	Off market sale	$5,700,000	1,500,000 Shares	1,500,000 Shares

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holder of securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class andnumber ofsecurities	Person’svotes
TimothyMcGavin	Blakin Technologies Pty Ltd	McGavin Holdings(Aust) Pty Ltd<T&S McGavin FamilyTrust >	McGavin Holdings(Aust) PtyLtd<T&S McGavinFamilyTrust >	11,782,930Shares	11,782,930Shares

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 N/A 6. Addresses The addresses of persons named in this form are: Name Address McGavin Holdings (Aust) Pty Ltd CAN 107 27 Bayview Road Noosa Heads, QLD 4567 036 082 Signature print name Timothy McGavin date 21 August 2025 sign here

The addresses of persons named in this form are:

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 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).

• (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.