NEXTED GROUP LIMITED — Regulatory Filings 2021

Nov 16, 2021

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ASX Release

17 November 2021

Notification under s323DB of the Corporations Act

iCollege Limited (ASX:ICT) hereby provides the appended notice in accordance with section 323DB of the Corporations Act 2001 (Cth).

This announcement was authorised for release by the iCollege Board of Directors.

Faithfully,

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Lisa Jones

Company Secretary

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Jobkeeper Payments Notification

A notice for release to the market under subsection 323DB(1) of the Corporations Act 2001 - Jobkeeper payments disclosure by listed entity.

Date of this notice

17 November 2021

Listed entity details

Australian Business Number (ABN): ASX/NSX/SSX issuer code: 75 105 012 066 ICT

Name of the listed entity: iCollege Limited

Jobkeeper payments

This notice relates to the financial years ended 30 June 2020 (FY 1) and 30 June 2021 (FY 2).

The number of individuals for whom the listed entity or a subsidiary of the listed entity received a Jobkeeper payment for a Jobkeeper fortnight that ended in the financial year (within the meaning of the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020).

FY 1: 52 FY 2: 51

The sum of all Jobkeeper payments the listed entity, and each subsidiary of the listed entity, received in a Jobkeeper fortnight that ended in the financial year.

FY 1: $309,000 FY 2: $684,000

Has the listed entity or a subsidiary of the listed entity, made one or more voluntary payments (whether or not in the financial year) to the Commonwealth by way of a repayment of Jobkeeper payments received by the listed entity or a subsidiary of the listed in the financial year?

No

If the listed entity or a subsidiary of the listed entity has made such a voluntary payment or payments –the sum of those payments:

FY 1: $0

FY 2: $0

iCollege Limited completed the acquisition of RedHill Education Limited (RedHill) on 11 October 2021. The above disclosures do not include Jobkeeper payments received by RedHill as RedHill was not a subsidiary of iCollege Limited during the financial years ended 30 June 2020 and 30 June 2021.

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