Life360, Inc. — Major Shareholding Notification 2021

Apr 19, 2021

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Life360 Inc (360) ACN/ARSN 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821

There was a change in the interests of the substantial holder on 16/04/2021 The previous notice was given to the company on 27/11/2020 The previous notice was dated 25/11/2020

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 relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Current notice	Current notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	17,806,583	11.37%	15,490,536	9.74%

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 or scheme are as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Class and number of securities
	See Annexure 1

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 of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
UBS AG, AUSTRALIA BRANCH	UBS NOMINEES PTY LTD	UBS AG, AUSTRALIA BRANCH	HOLDER OF SHARES	7,198,772 ORDINARY	7,198,772
MORGAN STANLEY & CO INTL PLC	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED A/C 2	MORGAN STANLEY & CO INTL PLC	HOLDER OF SHARES	190,653 ORDINARY	190,653
MERRILL LYNCH INTERNATIONAL LIMITED	MERRILL LYNCH (AUS) NOMINEES PTY LTD	MERRILL LYNCH INTERNATIONAL LIMITED	HOLDER OF SHARES	3,408,398 ORDINARY	3,408,398
CREDIT SUISSE AG	CS THIRD NOMINEES PTY LIMITED	CREDIT SUISSE AG	HOLDER OF SHARES	4,692,713 ORDINARY	4,692,713

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 NOT APPLICABLE

6. Addresses

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

Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY PHILIP KING NSW 2000

Signature

print name Kenny Ho capacity Company Secretary sign here date 20/04/2021

Annexure 1

Changes in relevant interests

Date	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Number of securities affected	Class of securities	Persons votes affected
22/12/2020	Regal Funds Management	Buy	15155.60	4000	Ordinary	4000
22/12/2020	Regal Funds Management	Buy	35421.24	9365	Ordinary	9365
23/12/2020	Regal Funds Management	Sell	112656.00	30000	Ordinary	30000
29/12/2020	Regal Funds Management	Sell	46838.26	12117	Ordinary	12117
30/12/2020	Regal Funds Management	Sell	23040.00	6000	Ordinary	6000
21/01/2021	Regal Funds Management	Buy	340300.51	84262	Ordinary	84262
21/01/2021	Regal Funds Management	Sell	1891621.10	461371	Ordinary	461371
27/01/2021	Regal Funds Management	Buy	270141.97	68604	Ordinary	68604
28/01/2021	Regal Funds Management	Buy	225713.06	58142	Ordinary	58142
28/01/2021	Regal Funds Management	Sell	117468.00	30000	Ordinary	30000
28/01/2021	Regal Funds Management	Sell	872077.50	225000	Ordinary	225000
29/01/2021	Regal Funds Management	Sell	770000.00	200000	Ordinary	200000
1/02/2021	Regal Funds Management	Buy	116595.12	31176	Ordinary	31176
1/02/2021	Regal Funds Management	Sell	99251.87	26550	Ordinary	26550
2/02/2021	Regal Funds Management	Buy	120658.64	31249	Ordinary	31249
9/02/2021	Regal Funds Management	Sell	393850.00	100000	Ordinary	100000
16/02/2021	Regal Funds Management	Buy	237822.33	53566	Ordinary	53566
16/02/2021	Regal Funds Management	Sell	910000.00	200000	Ordinary	200000
17/02/2021	Regal Funds Management	Sell	261119.37	56957	Ordinary	56957
18/02/2021	Regal Funds Management	Buy	445900.00	98000	Ordinary	98000
25/02/2021	Regal Funds Management	Buy	1580374.15	333856	Ordinary	333856
25/02/2021	Regal Funds Management	Buy	947880.00	200000	Ordinary	200000

26/02/2021	Regal Funds Management	Buy	87600.00	20000	Ordinary	20000
26/02/2021	Regal Funds Management	Sell	455945.90	108221	Ordinary	108221
1/03/2021	Regal Funds Management	Sell	2598000.00	600000	Ordinary	600000
1/03/2021	Regal Funds Management	Buy	6336426.74	1463378	Ordinary	1463378
15/03/2021	Regal Funds Management	Sell	13549.50	3000	Ordinary	3000
15/03/2021	Regal Funds Management	Sell	445840.00	100000	Ordinary	100000
16/03/2021	Regal Funds Management	Sell	135749.10	31652	Ordinary	31652
18/03/2021	Regal Funds Management	Sell	1410985.73	305428	Ordinary	305428
18/03/2021	Regal Funds Management	Sell	1380000.00	300000	Ordinary	300000
19/03/2021	Regal Funds Management	Sell	2566006.22	549466	Ordinary	549466
19/03/2021	Regal Funds Management	Sell	61942.88	13264	Ordinary	13264
22/03/2021	Regal Funds Management	Sell	462000.00	100000	Ordinary	100000
22/03/2021	Regal Funds Management	Sell	1194067.79	250665	Ordinary	250665
23/03/2021	Regal Funds Management	Sell	72075.00	15000	Ordinary	15000
23/03/2021	Regal Funds Management	Sell	19229.22	4044	Ordinary	4044
25/03/2021	Regal Funds Management	Sell	188456.00	40000	Ordinary	40000
1/04/2021	Regal Funds Management	Sell	187960.00	40000	Ordinary	40000
8/04/2021	Regal Funds Management	Buy	129459.62	26314	Ordinary	26314
9/04/2021	Regal Funds Management	Buy	146643.00	30000	Ordinary	30000
12/04/2021	Regal Funds Management	Buy	55746.00	11400	Ordinary	11400
13/04/2021	Regal Funds Management	Buy	47022.03	9755	Ordinary	9755
14/04/2021	Regal Funds Management	Buy	146721.00	30000	Ordinary	30000
16/04/2021	Regal Funds Management	Buy	112592.72	20621	Ordinary	20621
16/04/2021	Regal Funds Management	Buy	47835.00	9000	Ordinary	9000
16/04/2021	Regal Funds Management	Sell	5896000.00	1100000	Ordinary	1100000