MICRO-X LIMITED — Major Shareholding Notification 2022

Mar 24, 2022

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme MICRO-X LTD (MX1) ACN/ARSN 153 273 735 1. Details of substantial holder (1) Name Regal Funds Management Pty Ltd (RFM) ACN/ARSN (if applicable) 107 576 821 The holder ceased to be a substantial holder on 23/03/2022 The previous notice was given to the company on 17/02/2022 The previous notice was dated 15/02/2022

2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

Date of Person whose relevant Nature of change Consideration given in relation to Class (6) and number of Person's votes change interest changed (4) change(5) securities affected affected Refer annexure 1

3. Changes in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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 4. Addresses The addresses of persons named in this form are as follows: Name Address LEVEL 47 GATEWAY 1 MACQUARIE PLACE SYDNEY Kenny Ho NSW 2000 Signature print name Kenny Ho capacity Company Secretary sign here date 25/03/2022

4. Addresses

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

Annexure 1

Changes in relevant interests

Date	Person whose relevant interest changed	Nature ofChange	Considerationgiven inrelation tochange	Number ofsecuritiesaffected	Class ofsecurities	Personsvotesaffected
17/02/2022	Regal Funds Management	Sell	28217.21	126933	Ordinary	126933
18/02/2022	Regal Funds Management	Sell	10535.36	47888	Ordinary	47888
21/02/2022	Regal Funds Management	Sell	32313.12	153872	Ordinary	153872
22/02/2022	Regal Funds Management	Sell	5786.95	28229	Ordinary	28229
23/02/2022	Regal Funds Management	Sell	11611.26	58554	Ordinary	58554
24/02/2022	Regal Funds Management	Sell	152348.16	912811	Ordinary	912811
25/02/2022	Regal Funds Management	Sell	23554.35	138555	Ordinary	138555
28/02/2022	Regal Funds Management	Sell	11234.85	68090	Ordinary	68090
1/03/2022	Regal Funds Management	Sell	12943.43	78445	Ordinary	78445
2/03/2022	Regal Funds Management	Sell	20478.98	124115	Ordinary	124115
4/03/2022	Regal Funds Management	Sell	51000.00	300000	Ordinary	300000
8/03/2022	Regal Funds Management	Sell	43466.55	289777	Ordinary	289777
9/03/2022	Regal Funds Management	Sell	6400.00	40000	Ordinary	40000
10/03/2022	Regal Funds Management	Sell	8955.71	54277	Ordinary	54277
11/03/2022	Regal Funds Management	Sell	19470.00	118000	Ordinary	118000
11/03/2022	Regal Funds Management	Sell	7498.70	44110	Ordinary	44110
15/03/2022	Regal Funds Management	Sell	19595.72	105410	Ordinary	105410
17/03/2022	Regal Funds Management	Sell	7479.90	41555	Ordinary	41555
18/03/2022	Regal Funds Management	Sell	9749.81	49999	Ordinary	49999
18/03/2022	Regal Funds Management	Sell	8775.00	45000	Ordinary	45000
21/03/2022	Regal Funds Management	Sell	15210.07	80053	Ordinary	80053
23/03/2022	Regal Funds Management	Sell	39755.40	198777	Ordinary	198777
23/03/2022	Regal Funds Management	Sell	3529.08	17215	Ordinary	17215