MASTERMYNE GROUP LIMITED — Capital/Financing Update 2021

Nov 7, 2021

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5 November 2021

Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Notice under Section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Mastermyne Group Limited ACN 142 490 579 (ASX:MYE) ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ).

The Company has today issued 23,209,325 fully paid ordinary shares in the Company ( New Shares ) as part consideration for the acquisition of 100% of the shares on issue in PYBAR Holdings Pty Ltd, as announced by the Company on 7 September 2021.

The Company confirms that:

• a) the New Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• b) this notice is being given under section 708A(5)(e) of the Act;

• c) as at the date of this notice, the Company has complied with: i) the provisions of Chapter 2M of the Act as they apply to the Company; and ii) sections 674 and 674A of the Act; and

• d) as at the date of this notice, there is no 'excluded information' of the type referred to in sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6)(e) of the Act.

Authorised for release to ASX by the Board.

Brett Maff Company Secretary

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