SEAFARMS GROUP LIMITED — Major Shareholding Notification 2021

Jul 6, 2021

1. Jul. 2021 16:00 MURDOCH CLARKE No. 1513 P. 1

MURDOCH CLARKE

FACSIMILE

07 July 2021

TO: ASX Lodgements
FAX NO: 1300 135 638
PAGES: 4 (including this page)
FROM: BEN SWAIN

MESSAGE:

RE: SEAFARMS GROUP LIMITED (SFG)

Please find enclosed a signed Notice of Change of Interests of Substantial Holder (Form 604) in relation to the above company.

Yours faithfully
MURDOCH CLARKE

Per:

BEN SWAIN
Partner

P: (03) 6235 9362
E: bswain@murdochclarke.com.au

PRIVACY AND CONFIDENTIALITY NOTICE

The information contained in this facsimile is intended for the named recipients only. It may contain privileged and confidential information and if you are not an intended recipient, you must not copy, distribute or take any action in reliance on it. If you have received this facsimile in error, please notify us immediately by a reversed charge telephone call to (03) 6235 9311 and return the original to the sender by mail. We shall reimburse you for the postage.

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Form604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

19 Company Name/s Scheme
Sealanns Group Limited

ACN/ARSN
009 317 486

1. Details of substantial holder(1)

Name
Janet Heather Cameron

ACN/ARSN (if applicable)
N/A

There was a change in the interests of the substantial holder on
05/07/21

The previous notice was given to the company on
02/04/20

The previous notice was dated
02/04/20

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:

Class of securities(4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	275,170,615	12.32%	410,740,285	14.74%

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 inviting 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 interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
05/07/2021	The Elsie Cameron Foundation Pty Ltd (ACN 601 660 655) ATF The Elsie Cameron Foundation ("ECF")	Issue of ordinary shares	$3,727,582.38	67,774,225 ordinary shares	67,774,225
05/07/2021	Elsie Flood Foundation Ltd (ACN 638 550 419) ATF The Elsie Flood Foundation ("EFF")	Issue of ordinary shares	$3,727,582.38	67,774,225 ordinary shares	67,774,225

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 securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
ECF	JBWere (NZ) Nominees Limited & ECF	ECF	ECF has a relevant interest under Section 608(1)(a) of the Act, as the registered holder of the securities.	276,107,558 Ordinary Shares	276,107,558
Bicheno Investments Pty Ltd (ACN 122 192 134) ATF The Jan Cameron Trust ("JCT")	JBWere (NZ) Nominees Limited	JCT	JCT has a relevant interest under Section 608(1)(a) of the Act, as the registered holder of the securities	1,064,851 Ordinary Shares	1,064,851

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Janet Heather Cameron ("Cameron")	JBWere (NZ) Nominees Limited	EFF, ECF, JCT and Brightside	Cameron has the relevant interest under Section 608(3)(b) of the Act, as the controls JCT and Brightside. Cameron has a relevant interest under Section 608(3)(a) of the Act, as she holds 20% or more of the voting power in ECF and EFF.	410,740,285 Ordinary Shares	410,740,285
EFF	EFF	EFF	EFF has a relevant interest under Section 608(1)(a) of the Act, as the registered holder of securities	67,774,225 Ordinary Shares	67,774,225
Bollinger Investments Limited ATF the Brightside Trust ("Brightside")	JBWere (NZ) Nominees Limited	Brightside	Brightside has a relevant interest under Section 608(i)(a) of the Act, as the person entitled to be the registered holder of the securities.	65,793,651 ordinary shares	65,793,651

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 (th9.) the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
None	N/A

6. Addresses

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

Name	Address
ECF	Level 6, 151 Macquarie Street, Sydney NSW 2000
EFF	Level 6, 151 Macquarie Street, Sydney NSW 2000
JCT	Level 6, 151 Macquarie Street, Sydney NSW 2000
Cameron	Level 6, 151 Macquarie Street, Sydney NSW 2000
Brightside	EY Building, 2 Takutai Square, Auckland NZ 1010

Signature

JANET HEATHER CAMERON capacity INDIVIDUAL

Date 07/07/2021

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 2001.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(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 circumstances 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 2001.

(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.

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(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

604 GUIDE page 1/1 13 March 2000

GUIDE

This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 604.

Signature

This form must be signed by either a director or a secretary of the substantial holder.

Lodging period

Nil

Lodging Fee

Nil

Other forms to be completed

Nil

Additional information

(a) If additional space is required to complete a question, the information may be included on a separate piece of paper annexed to the form.

(b) This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme. A copy of this notice must also be given to each relevant securities exchange.

(c) The person must give a copy of this notice:

(i) within 2 business days after they become aware of the information; or

(ii) by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the information if:

(A) a takeover bid is made for voting shares in the company or voting interests in the scheme; and

(B) the person becomes aware of the information during the bid period.

Annexures

To make any annexure conform to the regulations, you must

1. use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides
2. show the corporation name and ACN or ARBN
3. number the pages consecutively
4. print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied
5. identify the annexure with a mark such as A, B, C, etc
6. endorse the annexure with the words:

This is annexure (mark) of (number) pages referred to in form (form number and title)

1. sign and date the annexure

The annexure must be signed by the same person(s) who signed the form.

Information in this guide is intended as a guide only. Please consult your accountant or solicitor for further advice.