QUESTE COMMUNICATIONS LIMITED — Major Shareholding Notification 2022

Mar 30, 2022

AC Renmuir - ASX Change of Substantial Shareholder Notice in QUE 25-03-22

Form 604 Corporations Act 671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: QUESTE COMMICATIONS LTD (ASX : QUE) ABN 58 081 688 164

1. Details of substantial holder[(1)]

Azhar Chaudhri

Name Renmuir Holdings Ltd

- ACN/ARSN (if applicable) There was a change in the interests of the substantial holder on 25 March 2022 The previous notice was given to the company on 30 April 2021 The previous notice was dated 6 May 2021

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:

r scheme, are as follows:
Class of securities(4)	Previous notice		Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary Shares	4,713,781	17.412%	3,003,688	11.095%

(A) Based on QUE total issued share capital being 27,072,332 shares

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 ofchange	Person whoserelevant interestchanged	Nature of change(6)	Consideration given inrelation to change(7)	Class and numberof securitiesaffected	Person’s votesaffected
25 March2022	Azhar Chaudhri	Disposal of shares off-market	$35,900.00	1,436,001	1,436,001
25 March2022	Renmuir HoldingsLtd	Disposal of shares off-market	$6,852.30	274,092	274,092

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest(6)	Class and numberof securities	Person’s votes
RenmuirHoldings Ltd	RenmuirHoldings Ltd	Renmuir Holdings Ltd	Legal & BeneficialHolder of Shares	3,003,688	3,003,688

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AC Renmuir - ASX Change of Substantial Shareholder Notice in QUE 25-03-22

5. Changes in association

The persons who have become associates[(2)] of, ceased to be associates of, or have change 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 CAN/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
Renmuir Holdings Ltd(Renmuir)	7thFloor, Allied Kajima Building, 138 Gloucester Road, HONG KONG
Azhar Chaudhri	175 A Sarwar Road, Rawalpindi, Pakistan

Signature

sign here capacity Personally and on behalf of Renmuir

print name Azhar Amin Chaudhri date 30 March 2022

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.

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

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

(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 circumstance 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.

(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.

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