SCHOOLBLAZER LIMITED — Capital/Financing Update 2022

Feb 9, 2022

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10 February 2022

Company Announcements Office Australian Securities Exchange Authorised for immediate release by the Directors

Hancock & Gore completes $15.0 million capital raise

Hancock & Gore Ltd (ASX: HNG) (H&G) is pleased to confirm the successful completion of the second tranche of a $15.0 million Private Placement at $0.33 per share.

This tranche raised approximately $7.6 million through the placement of 23.0 million new shares following shareholder approval at the Annual General Meeting held on 2 February 2022.

The Private Placement was fully subscribed and strongly supported by new and existing eligible institutional and sophisticated shareholders. Members of the H&G Board and investment team subscribed for approximately $2.5m of the Private Placement.

Morgans Corporate Limited and Wentworth Securities Pty Ltd acted as Joint Lead Managers to the Placement.

For more information, please contact Executive Chair, Sandy Beard on 0412 308 263

About H&G

H&G is a diversified investment company with a focus on active management and driving shareholder returns through investing in a broad range of opportunities across Private Equity, ASX Listed Equities, funds management and real property, debt funding and other alternative investments. We seek to become a trusted partner of choice that aims to solve our partners’ problems, identifying and pursuing opportunities that benefit all parties.