QEM LIMITED — Major Shareholding Notification 2019

May 6, 2019

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	OEM Limited
ACN/ARSN	167 966 770
1. Details of substantial holder (1)
Name	David Fitch
ACN/ARSN (if applicable)	n/a
There was a change in the interests of the substantial holder on		03/05/2019
The previous notice was given to the company on		19/10/2018
The previous notice was dated		19/10/2018

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:

Previous notice		Present notice
Person's votes	Voting power (5)	Person's votes	Voting power (5)
23, 486, 473	23.48%	24,883,605	24.88%

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
02/11/2018	ER FITCH PTY LTD <eloise FITCH FAMILY TRUST></eloise	On market purchase	\$99,975	525,000 Fully Paid Ordinary Shares	525,000 Fully Paid Ordinary Shares
02/05/2019	ER FITCH PTY LTD <eloise FITCH FAMILY TRUST></eloise	On market purchase	\$71,660	617,624 Fully Paid Ordinary Shares	617,624 Fully Paid Ordinary Shares
03/05/2019	ER FITCH PTY LTD <eloise FITCH FAMILY TRUST></eloise	On market purchase	\$33,912	254,508 Fully Paid Ordinary Shares	254,508 Fully Paid Ordinary Shares
$\epsilon$

4. Present relevant interests

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

</david<></david<></david<></dlfcms<></dlfcms<></dlfcms<></davrac<></davrac<></davrac<></caelan<></caelan<></caelan<></eloise<></eloise<></eloise<>

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
David	DL FITCH	DL FITCH	Register	17,506,134	17,506,134
Fitch	NOMINEES PTY	NOMINEES PTY	holder of	Fully Paid	Fully Paid
	LTD <david< td="">	LTD <david< td="">	securities	Ordinary	Ordinary	LTD <david< td="">	securities	Ordinary	Ordinary	securities	Ordinary	Ordinary
	FITCH FAMILY	FITCH FAMILY		Shares	Shares
	TRUST>	TRUST>
	DLFCMS	DLFCMS	Register	2, 415, 229	2, 415, 229
	NOMINEES PTY	NOMINEES PTY	holder of	Fully Paid	Fully Paid
	LTD <dlfcms< td="">	LTD <dlfcms< td="">	securities	Ordinary	Ordinary	LTD <dlfcms< td="">	securities	Ordinary	Ordinary	securities	Ordinary	Ordinary
	PROPERTY TRUST>	PROPERTY TRUST>		Shares	Shares
	DAVRAC	DAVRAC	Register	2, 415, 229	2, 415, 229
	INVESTMENTS	INVESTMENTS	holder of	Fully Paid	Fully Paid
	PTY LTD	PTY LTD	securities	Ordinary	Ordinary
	<davrac< td="">	<davrac< td="">		Shares	Shares	<davrac< td="">		Shares	Shares		Shares	Shares
	SUPERFUND>	SUPERFUND>
	CL FITCH PTY	CL FITCH PTY	Register	649,881	649,881 Fully
	LTD <caelan< td="">	LTD <caelan< td="">	holder of	Fully Paid	Paid	LTD <caelan< td="">	holder of	Fully Paid	Paid	holder of	Fully Paid	Paid
	FITCH FAMILY	FITCH FAMILY	securities	Ordinary	Ordinary
	TRUST>	TRUST>		Shares	Shares
	ER FITCH PTY	ER FITCH PTY	Register	1,897,132	1,897,132
	LTD <eloise< td="">	LTD <eloise< td="">	holder of	Fully Paid	Fully Paid	LTD <eloise< td="">	holder of	Fully Paid	Fully Paid	holder of	Fully Paid	Fully Paid
	FITCH FAMILY	FITCH FAMILY	securities	Ordinary	Ordinary
	TRUST>	TRUST>		Shares	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 fo

Name and ACN/ARSN (if applicable) Nature of association
n/a

6. Addresses

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

Name	Address
David Fitch	255 Monaco Street, Broadbeach Waters QLD 4218

Signature

print name David Fitch capacity Sole Director

sign here

date 06/05/2019