PREDICTIVE DISCOVERY LIMITED — Major Shareholding Notification 2026

Feb 8, 2026

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Predictive Discovery Limited ACN/ARSN 127171877

ACN/ARSN

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Helikon Investments Limited

Not applicable

There was a change in the interests of the substantial holder on

substantial holder on 05 / 02 / 2026 The previous notice was given to the company on 29 / 09 / 2025 The previous notice was dated 26 / 09 / 2025

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 required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Fully Paid Ordinary Shares	175,177,807	6.67% (based on 2,622,467,936 fully paid ordinary shares on issue)	207,148,667	7.86% (based on 2,635,433,109 fully paid ordinary shares on issue)

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

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
	Helikon Investments Limited	see Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

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
Helikon	Helikon Long Short	As per each registered	Helikon Investments	207,148,667 fully paid	207,148,667

604 Page 2 of 3 15 July 2001

Investments Limited	Equity Fund Master ICAV	holder	Limited holds its relevant interest by having the power to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates in the ordinary course of investment management business.	ordinary shares

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 follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

6. Addresses

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

Name	Address
Helikon Investments Limited	17 Waterloo Place, London, SW1Y 4AR

Signature

re
print name sign here	Paul McLernon capacity Director and COO
	date 06/02/2026

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

604 Page 3 of 3 15 July 2001

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

Helikon Investments Limited notice of initial substantial holding in Predictive Discovery Limited.

This is Annexure “A” of 1 page referred to in the Form 604 (Notice of change in interests of substantial holder).

Print Name Paul McLernon

==> picture [109 x 34] intentionally omitted <==

Sign Here

Capacity Director Date 06/02/2026

Changes in relevant interests

Holder of Relevant Interest	Trade Date	Cash Consideration	Non-Cash Consideration	Number of Securities	Class of Securities
Helikon Investments Limited	29/09/2025	AUD 143,698.09	N/A	348,359	Fully paid ordinary shares
Helikon Investments Limited	10/11/2025	AUD 1,547,122.01	N/A	2,805,919	Fully paid ordinary shares
Helikon Investments Limited	10/11/2025	AUD 231,398.86	N/A	415,983	Fully paid ordinary shares
Helikon Investments Limited	11/11/2025	AUD 1,242,500.53	N/A	2,218,957	Fully paid ordinary shares
Helikon Investments Limited	13/11/2025	AUD 2,420,588.93	N/A	4,347,447	Fully paid ordinary shares
Helikon Investments Limited	13/11/2025	AUD 1,097,567.16	N/A	1,962,454	Fully paid ordinary shares
Helikon Investments Limited	14/11/2025	AUD 1,098,292.52	N/A	1,960,274	Fully paid ordinary shares
Helikon Investments Limited	19/12/2025	AUD 65,063.23	N/A	93,128	Fully paid ordinary shares

Helikon Investments Limited	13/01/2026	AUD 2,167,451.32	N/A	-2,433,146	Fully paid ordinary shares
Helikon Investments Limited	13/01/2026	AUD 387,909.28	N/A	-437,418	Fully paid ordinary shares
Helikon Investments Limited	14/01/2026	AUD 2,403,403.09	N/A	-2,775,257	Fully paid ordinary shares
Helikon Investments Limited	16/01/2026	AUD 3,583,927.71	N/A	4,483,474	Fully paid ordinary shares
Helikon Investments Limited	19/01/2026	AUD 2,654,830.52	N/A	3,280,671	Fully paid ordinary shares
Helikon Investments Limited	20/01/2026	AUD 584,710.89	N/A	719,329	Fully paid ordinary shares
Helikon Investments Limited	22/01/2026	AUD 2,144,823.24	N/A	2,616,672	Fully paid ordinary shares
Helikon Investments Limited	04/02/2026	AUD 2,161,892.04	N/A	2,593,257	Fully paid ordinary shares
Helikon Investments Limited	04/02/2026	AUD 1,499,368.48	N/A	1,807,655	Fully paid ordinary shares
Helikon Investments Limited	05/02/2026	AUD 4,108,247.40	N/A	5,065,619	Fully paid ordinary shares
Helikon Investments Limited	05/02/2026	AUD 737,165.24	N/A	934,533	Fully paid ordinary shares
Helikon Investments Limited	05/02/2026	AUD 1,569,725.97	N/A	1,962,950	Fully paid ordinary shares