STEADFAST GROUP LIMITED — Capital/Financing Update 2021

Nov 17, 2021

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18 November 2021

Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Steadfast announces new corporate debt facilities and the establishment of Steadfast Valuation Services

Please see the attached announcement.

This announcement is authorised by the Steadfast Disclosure Committee. All queries in relation to this announcement should be directed to Shalome Ruiter, Investor Relations Manager on 0404 811 847.

Yours faithfully

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Linda Ellis Group Company Secretary & Corporate Counsel

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Steadfast Group Limited ABN: 98 073 659 677

Level 4, 99 Bathurst Street, Sydney NSW 2000 PO Box A980, South Sydney NSW 1235 T +61 (02) 9495 6500 W steadfast.com.au

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MARKET RELEASE 18 November 2021

Steadfast Group announces new corporate debt facilities and the establishment of Steadfast Valuation Services

New Debt Facilities

Steadfast Group has entered into a new Syndicated Facility Agreement for $660 million. The expanded facilities, if fully utilised, are within the board approved maximum gearing of 30% and include:

Corporate Debt facilities (excluding premium	Maturity	Total
funding) $ million
Facility A – Revolving	Nov 2024	320
Facility B – Term	Nov 2024	140
Facility C – Term	Nov 2026	200
Total available		660

Capacity for future growth

As part of Steadfast Group’s ordinary course of business, Steadfast Group is actively evaluating other potential acquisition opportunities particularly in the Steadfast Network.

The new debt facility provides Steadfast Group with unutilised debt capacity of $315 million. This together with free cash are intended to be used to fund the previously announced Trapped Capital Project pipeline and other acquisitions in FY22.

Strategic investment in Robertson & Robertson Consulting Valuers

Steadfast has established Steadfast Valuation Services to reinforce Steadfast’s whole of risk service offering, providing the Steadfast network brokers access to a resource to ensure clients are adequately protected against a backdrop of rapidly rising asset values. Steadfast Valuation Services has completed an investment in Robertson & Robertson Consulting Valuers, one of the largest valuation and consultancy firms in NSW.

The valuation expertise of Robertson & Robertson also complements the Xenia Discretionary Mutual Fund managed by the Steadfast Risk Group, providing an alternative risk transfer solution for hospitality-based clients .

This announcement is authorised by the Steadfast Disclosure Committee.

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For more information, please contact:

Shalome Ruiter Steadfast Group Limited Investor Relations Manager P: +61 2 9495 6582 M: +61 404 811 847 E: shalomer@steadfast.com.au

Steadfast Group, established in 1996, is the largest general insurance broking network and the largest underwriting agency group in Australasia. The network provides services to broker businesses across Australia, New Zealand, Asia and London. In 2021, Steadfast Network brokers and underwriting agencies generated billings of more than AUD$10 billion. Steadfast also operates as a co-owner and consolidator through its equity interests in a number of broker businesses, underwriting agencies and other complementary businesses. Steadfast Group also has an equity stake in unisonSteadfast, a global general insurance broker network with 264 brokers in 140 countries. For further information, please visit investor.steadfast.com.au

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