STEADFAST GROUP LIMITED — Share Issue/Capital Change 2019

Oct 14, 2019

15 October 2019

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

Dear Sir

Appendix 3B - IBNA Takeover offer

Further to our letter dated 14 October 2019, please find attached a replacement Appendix 3B in relation to shares issued pursuant to the IBNA takeover offer correcting the number of shares now on issue.

Yours faithfully

Linka Ellis

Linda Ellis Group Company Secretary & Corporate Counsel

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

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Steadfast Group Limited (Steadfast Group)

ABN

98 073 659 677

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf 1$	be issued	*Class of *securities issued or to Fully paid ordinary shares ("Shares").

+ See chapter 19 for defined terms.

$\overline{\mathbf{z}}$	Number of + securities issued orto be issued (if known) ormaximum number which maybe issued	21,382,569 Shares
$\overline{\mathbf{3}}$	ofthePrincipalterms+ securities(e.g. if options,exercise price and expiry date; ifpartly paid+securities,theamount outstanding and dueforifdatespayment;	The Shares have the same terms as and rankequally with existing fully paid ordinaryshares.

+convertible

securities,

conversion price and dates forconversion)

$_{\rm the}$

Do the +securities rank equally Yes $\overline{4}$ in all respects from the +issue date with an existing +class of quoted +securities? If the additional *securities do not rank equally, please state: the date from which they do $\bullet$ the extent to which they $\bullet$ participate for the next dividend, (in the case of a distribution) trust, $\overline{or}$ interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Issue price or consideration $3.28 per Share 5 6 Purpose of the issue Consideration for IBNA takeover offer (see (If issued as consideration for announcements dated 24, 20 and 16 the acquisition of assets, clearly September 2019) identify those assets) 6a Is the entity an +eligible entity $N/A$ that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i 6b The date the security holder $N/A$ resolution under rule 7.1A was passed 6c Number of +securities issued | $N/A$ without security holder approval under rule 7.1

+ See chapter 19 for defined terms.

• 6d Number of +securities issued with security holder approval under rule 7.1A
• 6e Number of $+$ securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
• 6f Number of +securities issued under an exception in rule 7.2
• If $+$ securities issued under rule 6g 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.
• 6h If +securities were issued under rule $7.1A$ $for$ non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
• Calculate the entity's remaining 6i $N/A$ issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
• +Issue dates $\overline{7}$

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

Number and +class of all 8 +securities quoted on ASX (including the +securities in section 2 if applicable)

Number	+ Class
850,989,622	Fully paidordinary shares

$N/A$

$N/A$

21,382,569

$N/A$

14 October 2019

Number and +class of all $\mathbf{9}$ +securities not quoted on ASX (including the +securities in section 2 if applicable)

Number	Class
N/A

Dividend policy (in the case of a $\sqrt{\sqrt{N}}$ $10$ trust, distribution policy) on the increased capital (interests)

lo change

Part 2 - Pro rata issue

ц	holdersecurityapprovallsrequired?	N/A
12	Is the issue renounceable or non-renounceable?	N/A
13	Ratio in which the + securitieswill be offered	N/A
14	+ Class of + securities to which theoffer relates	N/A
15	+ Recorddatedeterminetoentitlements	N/A
16	Willdifferentholdingsonregisters (or subregisters) beforaggregatedcalculatingentitlements?	N/A
17	Policy for deciding entitlementsin relation to fractions	N/A
18	Names of countries in which theentity has security holders whowill not be sent new offerdocumentsNote: Security holders must be told how theirentitlements are to be dealt with.Cross reference: rule 7.7.	N/A
19	Closing date forreceiptofacceptances or renunciations	N/A

+ See chapter 19 for defined terms.

20	Names of any underwriters	N/A
21	Amount of any underwriting feeor commission	N/A
22	Names of any brokers to theissue	N/A
23	Fee or commission payable tothe broker to the issue	N/A
24	Amount of any handling feepayable to brokers who lodgeacceptances or renunciations onbehalf of security holders	N/A
25	If the issue is contingent onsecurity holders' approval, thedate of the meeting	N/A
26	Date entitlement and acceptanceform and offer documents will besent to persons entitled	N/A
27	If the entity has issued options,and the terms entitle optionholdersparticipatetooпexercise, the date on whichnotices will be sent to optionholders	N/A
28	Date rights trading will begin (ifapplicable)	N/A
29	Date rights trading will end (ifapplicable)	N/A
30	How do security holders selltheir entitlements in full througha broker?	N/A
31	How do security holders sell partof their entitlements through abrokerandacceptfor thebalance?	N/A

How do security holders dispose $32$ of their entitlements (except by sale through a broker)?

$N/A$

+Issue date 33

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• Type of +securities $34$ (tick one)
• $(a)$

*Securities described in Part 1

$(b)$

All other +securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• If the 'securities are 'equity securities, the names of the 20 largest holders of the additional *securities, and the number and percentage of additional *securities held by those holders
• If the 'securities are 'equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$

$5,001 - 10,000$
10,001 - 100,000
100,001 and over

37

35

36

A copy of any trust deed for the additional +securities

Entities that have ticked box 34(b)

$38$ Number of +securities for which $N/A$ +quotation is sought

+ See chapter 19 for defined terms.

39	+ Class of + securities for whichquotation is sought	N/A
40	Do the + securities rank equally inall respects from the + issue datewith an existing + class of quoted+ securities?	N/A
	If the additional + securities donot rank equally, please state:the date from which they dotheextent to which theyforparticipatethenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they donot rank equally, other than inrelation to the next dividend,distributioninterestOFpayment
41	Reason for request for quotationnowExample: In the case of restricted securities, endof restriction period	N/A
	(if issued upon conversion ofanother + security, clearly identifythat other +security)
42	Numberand+ classofall+ securitiesquotedASXon(including the + securities in clause38)	NumberN/A	+ ClassN/A

Quotation agreement

• +Quotation of our additional +securities is in ASX's absolute discretion. ASX $\mathbf 1$ may quote the *securities on any conditions it decides.

• We warrant the following to ASX. $\mathbf{2}$

  • The issue of the 'securities to be quoted complies with the law and is $\bullet$ not for an illegal purpose.

• There is no reason why those 'securities should not be granted +quotation.

• An offer of the 'securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any 'securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the 'securities be quoted.
• $\bullet$ If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the 'securities be quoted.
• We will indemnify ASX to the fullest extent permitted by law in respect of any $\overline{3}$ claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Linka Ella

Sign here:

....................................... Company secretary

Date: 14.10.19

Print name:

Linda Ellis

+ See chapter 19 for defined terms.