SEAFARMS GROUP LIMITED — Capital/Financing Update 2017

Jun 4, 2017

5 June 2017

Market Announcements Office Australian Securities Exchange Level 6 20 Bridge Street SYDNEY NSW 2000

SEAFARMS GROUP LIMITED

CLEANSING STATEMENT – SHARE PURCHASE PLAN

Seafarms Group Limited (ACN 009 317 846) ( Seafarms ) announced on 2 June 2017 that it intends to offer eligible shareholders the opportunity to subscribe for up to A$15,000 of new fully paid ordinary shares in Seafarms under a share purchase plan ( SPP ). Seafarms intends to issue the SPP offer document without issuing a prospectus, under the exemptions set out in ASIC Class Order 09/425 ( Class Order ).

Seafarms hereby gives notice that:

• (a) Seafarms will make offers to issue shares under a share purchase plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act );

• (b) this notice is given in accordance with paragraph 7(f)(ii) of the Class Order;

• (c) as at the date of this notice, Seafarms has complied with the provisions of Chapter 2M as they apply to Seafarms and section 674 of the Act; and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ (in accordance with section 708A(7) and 708A(8) of the Act as if this notice were a notice under section 708A(5)(e) of the Act).

For and on behalf of Seafarms by

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Harley Whitcombe Director and Company Secretary

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