SCIDEV LTD — Major Shareholding Notification 2021

Nov 9, 2021

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme SciDev Ltd ACN/ARSN: 25 001 150 849 Source:

ACN/ARSN: 25 001 150 849 Source: Australian Business Register 1. Details of substantial holder (1) Name: Perennial Value Management Limited (PVM) ACN/ARSN (if applicable) 22 090 879 904 There was a change in the interest of the substantial holder on 8 November 2021 The previous notice was given to the company on 23 February 2021 The previous notice was dated 19 February 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 relavant interest (3) in when last required, and when now required to give a substantial holding notice to the company or scheme, are as follows:

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Class of securities (4) Previous notice Present notice
Person's votes Voting Power (%) (5) Person's votes Voting Power (%) (5)
Ordinary 21,640,426 14.12 28,351,930 15.17
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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	Nature of change (6)	Consideration given in	Consideration given in	Class & number of		Person's votes affected
				interest changed		relation to change (7)		securities affected
			22/02/2021	National Asset Servicing	Buy On the Market	$	118,743.94		177,158	177,158
			23/02/2021	BNP Paribas Securities	Buy On the Market	$	12,273.44		18,262	18,262
				Services
			23/02/2021	National Asset Servicing	Buy On the Market	$	75,729.45		112,680	112,680
			24/02/2021	BNP Paribas Securities	Buy On the Market	$	3,584.06		5,236	5,236
				Services
			24/02/2021	National Asset Servicing	Buy On the Market	$	22,116.28		32,310	32,310
			26/02/2021	BNP Paribas Securities	Buy On the Market	$	49,912.07		74,155	74,155
				Services
			26/02/2021	BNP Paribas Securities	Buy On the Market	$	14,896.26		21,992	21,992
				Services
			26/02/2021	National Asset Servicing	Buy On the Market	$	5,912.58		8,729	8,729
			1/03/2021	BNP Paribas Securities	Buy On the Market	$	56,480.72		82,556	82,556
				Services
			1/03/2021	National Asset Servicing	Buy On the Market	$	22,418.24		32,768	32,768
			2/03/2021	BNP Paribas Securities	Buy On the Market	$	5,855.03		8,937	8,937
				Services
			2/03/2021	BNP Paribas Securities	Buy On the Market	$	297,267.42		441,063	441,063
				Services
			2/03/2021	BNP Paribas Securities	Buy On the Market	$	16,148.78		23,736	23,736
				Services
			2/03/2021	National Asset Servicing	Buy On the Market	$	6,409.57		9,421	9,421
			3/03/2021	BNP Paribas Securities	Buy On the Market	$	21,284.29		33,633	33,633
				Services
			4/03/2021	BNP Paribas Securities	Buy On the Market	$	43,969.99		67,840	67,840
				Services
			5/03/2021	BNP Paribas Securities	Buy On the Market	$	34,692.04		53,908	53,908
				Services
			8/03/2021	BNP Paribas Securities	Buy On the Market	$	6,993.54		10,925	10,925
				Services
			12/03/2021	National Asset Servicing	Sell On the Market	$	129,457.76		162,179	162,179
			12/03/2021	National Asset Servicing	Sell On the Market	$	27,114.63		33,968	33,968
			26/04/2021	BNP Paribas Securities	Sell On the Market	$	67,409.43		73,939	73,939
				Services
			27/04/2021	BNP Paribas Securities	Sell On the Market	$	79,291.45		84,118	84,118
				Services
			29/04/2021	National Asset Servicing	Buy On the Market	$	22,385.82		24,279	24,279
			30/04/2021	National Asset Servicing	Buy On the Market	$	22,493.70		24,396	24,396
			4/05/2021	National Asset Servicing	Buy On the Market	$	73,482.37		81,713	81,713
			5/05/2021	National Asset Servicing	Buy On the Market	$	66,061.32		74,956	74,956
			7/05/2021	National Asset Servicing	Buy On the Market	$	91,308.26		114,113	114,113
			10/05/2021	National Asset Servicing	Buy On the Market	$	49,460.23		62,101	62,101
			11/05/2021	National Asset Servicing	Buy On the Market	$	22,272.99		28,562	28,562
			13/05/2021	National Asset Servicing	Buy On the Market	$	37,675.38		50,157	50,157
			2/06/2021	National Asset Servicing	Sell On the Market	$	2,258.26		2,689	2,689
			3/06/2021	National Asset Servicing	Sell On the Market	$	4,092.42		4,873	4,873
			10/06/2021	BNP Paribas Securities	Buy On the Market	$	156,343.20		200,000	200,000
				Services
			15/06/2021	National Asset Servicing	Sell On the Market	$	57,685.22		68,175	68,175

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17/06/2021 [National Asset Servicing] Buy On the Market $ 77,129.50 90,991 90,991
18/06/2021 [National Asset Servicing] Buy On the Market $ 1,056.32 1,240 1,240
2/07/2021 [National Asset Servicing] Sell On the Market $ 5,115.18 5,961 5,961
5/07/2021 [National Asset Servicing] Sell On the Market $ 33,057.63 38,497 38,497
6/07/2021 [National Asset Servicing] Sell On the Market $ 9,870.81 11,503 11,503
15/07/2021 [BNP Paribas Securities ] Sell On the Market $ 574,816.26 647,285 647,285
Services
15/07/2021 [National Asset Servicing] Sell On the Market $ 613,967.38 691,372 691,372
15/07/2021 [National Asset Servicing] Sell On the Market $ 61,416.99 69,160 69,160
26/07/2021 [BNP Paribas Securities ] Sell On the Market $ 146,036.95 155,701 155,701
Services
26/07/2021 [National Asset Servicing] Sell On the Market $ 108,142.62 115,299 115,299
4/08/2021 [BNP Paribas Securities ] Sell On the Market $ 12,802.71 13,335 13,335
Services
4/08/2021 [National Asset Servicing] Sell On the Market $ 16,305.09 16,983 16,983
5/08/2021 [BNP Paribas Securities ] Sell On the Market $ 27,539.46 28,445 28,445
Services
5/08/2021 [National Asset Servicing] Sell On the Market $ 35,073.73 36,227 36,227
6/08/2021 [BNP Paribas Securities ] Sell On the Market $ 84.29 88 88
Services
6/08/2021 [National Asset Servicing] Sell On the Market $ 822.82 859 859
9/08/2021 [BNP Paribas Securities ] Sell On the Market $ 88.15 93 93
Services
9/08/2021 [National Asset Servicing] Sell On the Market $ 859.76 907 907
10/08/2021 [BNP Paribas Securities ] Sell On the Market $ 1,530.20 1,605 1,605
Services
10/08/2021 [National Asset Servicing] Sell On the Market $ 14,997.90 15,731 15,731
10/08/2021 [National Asset Servicing] Sell On the Market $ 1,586.45 1,664 1,664
11/08/2021 [BNP Paribas Securities ] Sell On the Market $ 4,650.11 4,901 4,901
Services
11/08/2021 [National Asset Servicing] Sell On the Market $ 45,581.69 48,041 48,041
11/08/2021 [National Asset Servicing] Sell On the Market $ 4,820.89 5,081 5,081
12/08/2021 [BNP Paribas Securities ] Sell On the Market $ 822.01 857 857
Services
12/08/2021 [National Asset Servicing] Sell On the Market $ 8,058.11 8,401 8,401
12/08/2021 [National Asset Servicing] Sell On the Market $ 852.72 889 889
19/08/2021 [National Asset Servicing] Sell On the Market $ 34,804.52 38,594 38,594
20/08/2021 [National Asset Servicing] Sell On the Market $ 15,757.56 17,547 17,547
27/08/2021 [National Asset Servicing] Buy On the Market $ 68,391.16 76,060 76,060
15/09/2021 [National Asset Servicing] Buy On the Market $ 8,064.60 9,000 9,000
16/09/2021 [National Asset Servicing] Buy On the Market $ 147,963.71 162,580 162,580
17/09/2021 [National Asset Servicing] Buy On the Market $ 5,464.48 6,161 6,161
17/09/2021 [National Asset Servicing] Buy On the Market $ 13,381.54 14,892 14,892
21/09/2021 [National Asset Servicing] Buy On the Market $ 28,630.86 33,503 33,503
14/10/2021 [National Asset Servicing] Buy On the Market $ 610,353.33 812,018 812,018
14/10/2021 [National Asset Servicing] Buy On the Market $ 381,756.27 507,891 507,891
15/10/2021 [National Asset Servicing] Buy On the Market $ 375,825.00 500,000 500,000
19/10/2021 [National Asset Servicing] Buy On the Market $ 6,165.03 8,202 8,202
20/10/2021 [National Asset Servicing] Buy On the Market $ 150,330.00 200,000 200,000
25/10/2021 [National Asset Servicing] Buy On the Market $ 23,429.69 31,171 31,171
26/10/2021 [National Asset Servicing] Buy On the Market $ 129,109.49 171,791 171,791
9/11/2021 [National Asset Servicing] Buy On the Market $ 532,417.50 851,868 851,868
9/11/2021 [National Asset Servicing] Buy On the Market $ 1,632,173.75 2,611,478 2,611,478
9/11/2021 [National Asset Servicing] Buy On the Market $ 486,716.88 778,747 778,747
9/11/2021 [National Asset Servicing] Buy On the Market $ 60,855.00 97,368 97,368
9/11/2021 [National Asset Servicing] Buy On the Market $ 172,452.50 275,924 275,924
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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	Person entitled to be	Nature of relevant	Nature of relevant	Class & number of	Class & number of	Person's votes	Person's votes
	securities	registered as holder (8)	interest (6)		securities (Ord)
Perennial Value Management Limited	National Asset Servicing	National Asset Servicing		20,776,312		20,776,312		20,776,312
Perennial Value Management Limited	BNP Paribas Securities Services	BNP Paribas Securities Services		7,575,618		7,575,618			7,575,618

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 & ACN

Nature of association

Not applicable

6. Addresses

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

Name Address Perennial Value Management Ltd Level 27, 88 Phillip St Sydney NSW 2000 SciDev Ltd Scidev Ltd48 Atchison Street Suite 105, Saint Leonards, Nsw 2065

Signature

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Print Name Bill Anastasopoulos Capacity Company Secretary
Sign Here Date 10/11/2021
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