MAXIPARTS LIMITED — Share Issue/Capital Change 2021

Aug 8, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name

MAXITRANS INDUSTRIES LIMITED

Applicable security for the reorganisation

MXI ORDINARY FULLY PAID MXIAI PERFORMANCE RIGHTS

Announcement Type

New Announcement

Date of this announcement

9/8/2021

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis 31/8/2021

Record Date

1/9/2021

Issue Date

8/9/2021

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity MAXITRANS INDUSTRIES LIMITED 1.2 Registered Number Type Registration Number ACN 006797173 1.3 ASX issuer code MXI 1.4 The announcement is New announcement

1.5 Date of this announcement

9/8/2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description MXI ORDINARY FULLY PAID MXIAI PERFORMANCE RIGHTS

Part 2 - Approvals

• 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

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Yes

2.2 Approvals

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Notification of Consolidation/Split

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Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval 27/8/2021 Actual No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

1/9/2021

3.2 Date of +security holder meeting

27/8/2021

3.2a Effective date of consolidation or split

27/8/2021

3.3 Last day for trading in the pre consolidation or split +securities

30/8/2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

31/8/2021

3.5 Record date

1/9/2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

2/9/2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 8/9/2021

3.8 Trading starts on a normal T+2 basis

9/9/2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

13/9/2021

Part 4 - Event type and details

4.1 The event is +Security consolidation

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Notification of Consolidation/Split

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4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

5

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
MXI	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Quoted	consolidation or split	consolidation or split		Actual
	185,075,653	37,015,131
ASX +Security Code	ASX +Security Description
MXIAI	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Unquoted	consolidation or split	consolidation or split		Actual
	10,179,476	2,035,895
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
MXIAI	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Unquoted	split		split
	AUD 0.00000000		AUD 0.00000000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

The consolidation of the entity's securities is conditional on the security holders approval a disposal of the entity's main undertaking, at the security holders meeting on 27 August 2021.

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Notification of Consolidation/Split

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6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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