OPENLEARNING LIMITED — Major Shareholding Notification 2021

Jan 26, 2021

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ChenLearning Limited (Company). [19] [20] [20] [20] [20] [20] [20] [20] [20 ACN/ARSN _635 890 390 1. Details of substantial holder (1)

Name	Magna Intelligent Sdn Bhd_
ACN/ARSN (if applicable)	NIA

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated

Various dates set out in section 3 27/12/19 13/12/19

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 r

	Previous notice		Present notice
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinary Shares (Shares)	11,030,058	7.90%	9,820,058	6.10%

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

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
9 Nov 2020	Magna Intelligent Sdn Bhd	Shares sold on market	\$17,650	45.000 Shares	45,000
4 Nov 2020	Magna Intelligent Sdn Bhd	Dilution of interest from 7.06% to 6.13% following the issue of shares by the Company	Nil	9,865,058 Shares	9,865,058
$3 - 15$ Sept 2020	Magna Intelligent Sdn Bhd	Shares sold on market	\$256,092	715,000 Shares	715,000
$13 - 15$ Jan 2020	Magna Intelligent Sdn Bhd	Shares sold on market	\$146,525	450,000 Shares	450,000

4. Present relevant interests

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
-----------------------------------	------------------------------------	------------------------------------------------------	------------------------------------	--------------------------------------	----------------

Magna Intelligent Sdn Bhd	Magna Intelligent Sdn Bhd	Magna Intelligent Sdn Bhd	A relevant interest arising pursuant to section $608(1)(a)$ of the Corporations Act 2001 (Cth) (Act) by virtue of being the registered holder of the securities.	9,820,058 Shares	9.820.058
---------------------------------	------------------------------	------------------------------	---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	----------------------------	-----------

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 fo

Name and ACN/ARSN (if applicable) $\sim$ $\sim$ $\sim$ $\sim$ $\sim$	Nature of association
N/A	-------

6. Addresses

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

$\bar{a}$

Name	Address
Magna Intelligent Sdn Bhd	Level 8, Uptown 1 1 Jalan SS21/58 Damansara Uptown Petaling Jaya Selangor 47400 Malaysia

Signature

print name Chew Sun Teorg signmere

Director capacity

date $27$ $1$ $1$ $2021$