SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2021

Nov 9, 2021

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Southern Cross Electrical Engineering Ltd ABN/CAN 92 009 307 046 Source: Australian Business Register 1. Details of substantial holder: Name: Perennial Value Management Limited (PVM) ACN: 090 879 904 There holder ceased to be a substantial holder on 8 November 2021 The previous notice was given to the company on 13 October 2021 The previous notice was dated 12 October 2021

2. 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 as follows:

Date	of	change	Person whose relevant interest	Nature of change	Consideration given in	Class & number of		Person's	votes
			changed		relation to change	securities affected	(ORD)	affected
		13/10/2021	National Asset Servicing	Sell on the Market	276,325.74		416,381		416,381
		13/10/2021	National Asset Servicing	Sell on the Market	123,492.85		186,085		186,085
		13/10/2021	National Asset Servicing	Sell on the Market	31,551.95		47,544			47,544
		15/10/2021	National Asset Servicing	Buy on the Market	261,886.73		388,729		388,729
		15/10/2021	National Asset Servicing	Sell on the Market	227,367.69		337,491		337,491
		15/10/2021	National Asset Servicing	Sell on the Market	34,519.04		51,238			51,238
		5/11/2021	National Asset Servicing	Sell on the Market	30,431.66		42,956			42,956
		8/11/2021	National Asset Servicing	Sell on the Market	7,417.16		10,574			10,574
		8/11/2021	National Asset Servicing	Sell on the Market	7,180.08		10,236			10,236
		8/11/2021	National Asset Servicing	Sell on the Market	41,826.26		59,628			59,628
		8/11/2021	National Asset Servicing	Sell on the Market	25,101.52		35,785			35,785

3. Changes in Association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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Name & ACN Nature of association
Not applicable
4. Addresses
The addresses of persons named in this form are as follows:
Name Address
Perennial Value Level 27, 88 Phillip St
Management Limited Sydney NSW 2000
Southern Cross 41 Macedonia Street, Naval Base, Wa 6165
Electrical Engineering
Ltd
Signature
Print Name Bill Anastasopoulos Capacity Company Secretary
Sign Here Date 9/11/2021
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