SIMBLE SOLUTIONS LIMITED — Major Shareholding Notification 2021

Jun 14, 2021

$\overline{\phantom{a}}$

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Simble Solutions Limited
ACN/ARSN	608 419 656
1. Details of substantial holder (1)
Name	DRHM Pty Ltd as trustee for the Durham Family Trust
ACN/ARSN (if applicable)	133 341 563

The holder became a substantial holder on $25/05/2021$

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary	15,792,037	15,792,037	5.747%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
DRHM Pty Ltd as trustee forDurham Family Trust	Direct	11,524,858 OrdinaryShares
Westpac RE Limited	Westpac RE Limited is themanager of varioussuperannuations funds,institutional investorportfolios and unit trust and,in that capacity, can exercisethe power to vote or dispose ofthe shares.	4,267,179 OrdinaryShares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Class and number of securities
DHRM Pty Ltd astrustee for DurhamFamily Trust	DHRM Pty Ltd astrustee for DurhamFamily Trust	DHRM Pty Ltd astrustee for DurhamFamily Trust	11,524,858 OrdinaryShares
Westpac RE Limited	HSBC CustodyNominees(Australia) Limited	DHRM Pty Ltd astrustee for DurhamFamily Trust	4,267,179

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
DHRM Pty Ltd as		$0.04~pershare as aresult of		11,524,858 Ordinary
trustee for DurhamFamily Trust	25 May 2021	conversionоfconvertiblenotes		Shares

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
HSBC Custody Nominees(Australia) Limited	Custodian
Westpac RE Limited	Westpac RE Limited is the manager of various superannuationsfunds, institutional investor portfolios and unit trust and,in that capacity, can exercise the power to vote or disposeof the shares.

7. Addresses

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

Name	Address
Westpac RE Limited	Lvl 18, Wesptac Place , 275 Kent St, Sydney NSW2000
HSBC Custody Nominees(Australia) Limited	GPO Box 5302 Sydney NSW 2001

Signature

print name	Paul Durham	capacity	Director
sign here		date

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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 7 of the form.

See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$

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

• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$

The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an