READCLOUD LIMITED — Director's Dealing 2025

Mar 4, 2025

ASX Release

5 March 2025

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Change of Director’s Interest Notice

ReadCloud Limited (ASX:RCL) (“ ReadCloud ” or the “ Company ”) advises that the Company has been informed of an administrative oversight which occurred in the Change of Director’s Interest Notice for Mr Jonathan Isaacs released with ASX on 6 September 2023. The oversight resulted in Mr Isaacs’ holdings in HSBC Custody Nominees (Australia) Limited being understated by 1,667 shares.

ReadCloud and the Directors are aware of their obligation under Listing Rules 3.19A and 3.19B to provide the necessary information to the Company to meet its disclosure requirements. The Company is committed to maintaining a high standard of corporate governance practices and ensuring its compliance with the ASX Listing Rules. The Company is confident that the processes it has in place will ensure compliance with Listing Rule 3.19A and 3.19B.

The correct notification of Mr Isaacs’ holdings is recorded in the attached Change of Director’s Interest Notice. The attached Change of Director’s Interest Notice also discloses the exercise and expiry of unlisted options held by Mr Isaacs.

This announcement is authorised for release to the market by the Company Secretary of ReadCloud Limited.

CONTACT: Investors & Media: Luke Murphy, Chief Financial Officer +61 409 933 924

About ReadCloud Limited

ReadCloud is a leading provider of eLearning software solutions and training supporting schools and educational institutions.

ReadCloud’s eReader platform creates an engaging and collaborative learning environment with seamless access to dynamic, interactive digital content from leading publishers. Teachers and students benefit from social annotations, media-rich embedding options, cross-platform compatibility, and an engaging text-to-speech feature available in 120 languages.

ReadCloudVET enables the delivery of 50 qualifications to 15,000 learners across three specialist Registered Training Organisations (RTOs) in Vocational Education and Training Delivered to Secondary School Students.

Readcloud Limited | 126 Church Street, Brighton, Victoria, 3186 P +61 3 94078 4833 | W www.readcloud.com ABN 44 136 815 891

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ReadCloud’s strong connection to industry and career pathways extends to Southern Solutions Training Services, an RTO specialising in flexible and blended training models including delivery in a genuine workplace environment for qualifications in Early Childhood Education and Care, Business, Aged Care, Hospitality, Logistics and Real Estate.

Readcloud Limited | 126 Church Street, Brighton, Victoria, 3186 P +61 3 94078 4833 | W www.readcloud.com ABN 44 136 815 891

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity READCLOUD LIMITED ABN 44 136 815 891

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Jonathan Isaacs
Date of last notice	6 September 2023

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest		Direct & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Scaasi Beverages Pty Ltd A/C> (Mr Isaacs is a director and shareholder of this company and is a beneficiary of the superannuation fund of which the company is the trustee) HSBC Custody Nominees (Australia) Limited (as nominee and custodian for shares beneficially held by Mr Isaacs)
Date of change		27 February 2025
No. of securities held prior to change		Scaasi Beverages Pty Ltd Beverages A/C> 468,813 Options exercisable at $0.10 (10 cents) per Option, expiring 1 March 2025 HSBC Custody Nominees (Australia) Limited 5,943,617 Fully Paid Ordinary Shares 36,363 Options exercisable at $0.10 (10 cents) per Option, expiring 1 March 2025
Class		(a) Fully Paid Ordinary Shares (b) Options exercisable at $0.10 (10 cents) per Option, expiring 1 March 2025

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired		(a) 468,813 (b) Nil
Number disposed		(a) Nil (b) 505,176
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$46,881.30
No. of securities held after change		Scaasi Beverages Pty Ltd Beverages A/C> 468,813 Fully Paid Ordinary Shares HSBC Custody Nominees (Australia) Limited 5,943,617 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		(a) Issue of Fully Paid Ordinary Shares upon the exercise of Unlisted Options (b) Exercise of 468,813 Unlisted Options and Expiry of 36,363 Unlisted Options without exercise

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	-
Nature of interest	-
Name of registered holder (if issued securities)	-
Date of change	-
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3