PACIFIC CURRENT GROUP LIMITED — Major Shareholding Notification 2025

Apr 6, 2025

Form 605 Corporations Act Section 671B

Notice of ceasing to be a substantial holder

To: Pacific Current Group Ltd (“PAC”, Ordinary Fully Paid)

1. Details of substantial shareholder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citi group of companies worldwide (for more details please visit www.citigroup.com).

The holder ceased being a substantial holder on 3 April 2025.

The previous notice had been given to the company on 3 April 2025.

2. 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 a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed and Person’s votes affected	Nature of Relevant Interest	Class and number of securities affected
3 Apr 2025	Citigroup Global Markets Limited	Citigroup Global Markets Limited holds an decreased relevant interest in these shares pursuant to contracts entered into subject to an obligation to return under a securities lending agreement. Refer to Annexure A.	38,836 Ordinary Fully Paid

3. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

company or scheme are as follows:
Name and ACN/ARSN(if applicable)	Nature of association
N/A	N/A

4. Addresses

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

Name	Address
Citigroup Global Markets Limited	Citigroup Centre, Canary Wharf 33 Canada Square London, E14 5LB, United Kingdom

Dated this day, 7 April 2025.

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Alyson Sosa Markets Compliance Australia Citigroup Global Markets Australia Pty Limited T: +61 2 8225 4845

Annexure A

This is Annexure A of 2 pages referred to in Form 605 ‘Notice of ceasing to be a substantial holder’

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Alyson Sosa 7 April 2025

Schedule (Loan)
Type of Agreement	AMSLA / GMSLA / MSLA
Parties to Agreement	Various
Transfer date	Various
Holder of voting rights	Borrower
**Are there any restrictions on voting rights? **	No
Scheduled returndate	Unknown
Does the borrower have the right to return **early? **	Yes
Ifyes, details	StandardAMSLA/ GMSLA/MSLAterms
Does the lender have the right to recall **early? **	Yes
Ifyes, details	StandardAMSLA/ GMSLA/MSLA terms
Will the securities be returned on **settlement? **	n/a
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, Citi will give a copy of the AMSLA / GMSLA/MSLA tothe company or ASIC.

Schedule (Agency Lending Agreement)	Schedule (Agency Lending Agreement)
Type of Agreement	SecuritiesLendingAgencyAgreement (SLAA)
Parties to Agreement	Various
Circumstances under which the agent lender can exercise the authorisations in relation to the securities	Agent Lender can only exercise authority, as agent, in relation to the lender’s securities as defined and agreed in the Securities Lending Agency Agreement.
Circumstances under which the agent lender is subject to any restrictions in how it can deal with the securities	Lenders will define the restrictions and/or securities lending parameters in the Securities Lending Agency Agreement entered into with the lending agent. Such restrictions/parameters include specific designated accounts, lendable limits, acceptable collateral and/or cash reinvestment guidelines.
Does the agent lender have the right to recall early?	Agent Lenders have the right to early recall on behalf of Lender’s instructions. However, the expectation is the Lender and Borrower would have mutually agreed no sales/recall of the securities during the duration of the loan term. Hence, borrowers are not obligated to return the securities earlyfortermedloans.
If yes, details	Authorised under the standard Securities LendingAgencyAgreement terms.
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, Citi will give a copy of the authorisation agreement tothe company or ASIC.