PACIFIC CURRENT GROUP LIMITED — Capital/Financing Update 2025

Mar 6, 2025

Tacoma // Melbourne

==> picture [264 x 14] intentionally omitted <==

==> picture [40 x 41] intentionally omitted <==

ASX ANNOUNCEMENT

07 March 2025

Extension of Buy-Back Closing Date

Pacific Current Group Limited (ASX: PAC) ( PAC ) refers to its announcement on 31 January 2025 in relation to the off-market equal access share buy-back of up to $300m of surplus capital ( Buy-Back ), which opened to eligible shareholders on 10 February 2025.

As at 5pm on Thursday 6 March 2025, PAC had received Applications from Eligible Shareholders representing approximately 51.16% of the maximum number of shares (being 25,000,000) to be bought back pursuant to the Buy-Back.[1] Reflecting on the current level of participation in the Buy-Back, both measured in terms of shares and shareholders, and in order to ensure that all Eligible Shareholders have a fulsome opportunity to participate, PAC has determined to extend the Buy-Back application period for a further two weeks and will continue to engage with shareholders.

As a result of the extension, the Buy-Back will now close at 5.00pm (AEDT) on Friday 21 March 2025 ( Closing Date ). As previously advised, only applications from eligible shareholders received by the PAC Share Registry before 5.00pm on the Closing Date will be considered for participation in the Buy-Back.

In light of the extension of the Closing Date for the Buy-Back, PAC has determined to bring forward the interim dividend payment date to Friday, 14 March 2025.

Shareholders are advised that the remaining “Important Dates”, as set out on page 4 of the Buy-Back Booklet are amended in line with this two-week extension, as follows:

Previous Date	New Date
7 March 2025	21 March 2025	Closing Date. Applications must be received by the PAC Share Registrybyno later than 5.00pm(AEDT).
11 March 2025	25 March 2025	Buy-Back Date. Announcement of the scale back (if any). Date of disposal of Shares acquired under the Buy-Back. Buy-Back Contracts are formed on this date.
No later than 18 March 2025	No later than 1 April 2025	The date on which the Buy-Back Price per Share is to be paid to successful participants.

Note: While PAC does not anticipate any changes to these dates and times, it reserves the right to vary them without notifying you. PAC expressly reserves the right to further extend the Buy-Back closing date.

1 Capitalised terms have the meaning given to them in the Buy-Back Booklet released on 31 January 2025. These figures are provisional only and cannot be confirmed until all processing and related records are fully reconciled and audited following close of the Buy-Back.

Pacific Current Group (ABN 39 006 708 792) Suite 3, Level 3, 257 Collins Street Melbourne VIC 3000 Australia www.paccurrent.com Tel: +61 3 8375 9611

If PAC shareholders require replacement Buy-Back forms, they should:

• access replacement Amendment/Withdrawal forms through the PAC website: - -

• https://paccurrent.com/shareholders/document library/buy back/

• request a replacement Buy-Back Offer Acceptance Form by calling the PAC Share Registry information line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia) (Monday to Friday 8.30am to 5.00pm AEDT)); or

• follow the steps set out in section 2.10 of the Buy-Back Booklet.

-ENDS-

AUTHORISED FOR LODGEMENT BY: The Chair of Pacific Current Group Limited.

CONTACT

For Investor & Media enquiries:

Michael Clarke - Executive Director & Acting CEO E: info@paccurrent.com T: (+61) 3 8375 9611

ABOUT PACIFIC CURRENT GROUP // www.paccurrent.com

Pacific Current Group is a multi-boutique asset management firm dedicated to providing exceptional value to shareholders, investors and partners. We apply our strategic resources, including permanent capital and operational expertise to help our partners excel. Excluding the public securities in Abacus, Pacific Current Group has investments in 8 boutique asset managers globally. For more information, please visit: www.paccurrent.com