STRAKER LIMITED — Major Shareholding Notification 2020

May 18, 2020

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Straker Translations Ltd ABN/CAN

1008867 Source:

Companies Office

1. Details of substantial holder:

Name: Perennial Value Management Limited (PVM) ACN: 090 879 904

There holder ceased to be a substantial holder on 18 May 2020

The previous notice was given to the company on 15 February 2020

The previous notice was dated 13 February 2020

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

Date of change	Person whose relevant interestchanged	Nature of change	Consideration given inrelation to change	Class & number ofsecurities affected (ORD)	Person's votesaffected
13/02/2020	National Asset Servicing	BuyOn the Market	600,510.31	482,519	482,519
24/02/2020	BNP Paribas Securities Services	BuyOn the Market	1,375,057.28	1,274,145	1,274,145
24/02/2020	National Asset Servicing	Sell On the Market	1,375,057.28	1,274,145	1,274,145
25/03/2020	National Asset Servicing	Sell On the Market	8,248.18	15,000	15,000
27/03/2020	National Asset Servicing	Sell On the Market	8,448.14	13,000	13,000
1/04/2020	National Asset Servicing	Sell On the Market	1,542.41	2,057	2,057
3/04/2020	National Asset Servicing	Sell On the Market	3,989.34	5,356	5,356
8/04/2020	National Asset Servicing	Sell On the Market	95,692.75	136,734	136,734
14/04/2020	National Asset Servicing	Sell On the Market	72,120.53	103,052	103,052
20/04/2020	National Asset Servicing	Sell On the Market	15,175.51	21,567	21,567
8/05/2020	BNP Paribas Securities Services	Sell On the Market	22,755.30	25,278	25,278
11/05/2020	BNP Paribas Securities Services	Sell On the Market	6,407.37	7,098	7,098
12/05/2020	BNP Paribas Securities Services	Sell On the Market	8,748.85	10,113	10,113
13/05/2020	BNP Paribas Securities Services	Sell On the Market	31.49	35	35
18/05/2020	BNP Paribas Securities Services	Sell On the Market	339,681.06	402,795	402,795
18/05/2020	National Asset Servicing	Sell On the Market	337,328.22	400,005	400,005

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

Name & ACN Nature of association Not applicable

4. Addresses

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

Name	Address
Perennial ValueManagement Limited	Level 27, 88 Phillip StSydney NSW 2000
Straker TranslationsLtd	Straker Translations Ltd18 Canaveral Drive Rosedale,Auckland,0632

Signature

Bill Anastasopoulos Capacity

Print Name

Company Secretary

Sign Here Date 19/05/2020