TALIUS GROUP LIMITED — Board/Management Information 2021

Dec 22, 2021

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Chairman to transition to interim Executive Role

23 December 2021

• Non-Executive Chairman, Leylan Neep, to transition to Executive Chairman on an interim basis to drive Company’s strategy

• Board appointment process commenced to add further skills and experience in 2022

HSC Technology Group Ltd (ASX:HSC) (“ HSC ” or “ Company ”) is pleased to announce that Non-Executive Director and Chairman, Mr Leylan Neep, has assumed the role of Executive Chairman, effective immediately.

Mr Neep will continue to lead the board and additionally work closely with the executive team to help drive strategy, while also providing support to HSC’s Managing Director Mr Graham Russell as he continues to focus on new contract sales, partnership agreements and growing HSC’s market share.

The Board has a strong focus on governance and has a commitment to growing the board with appropriate talent. The Board intends to add further skills and experience in 2022 with the addition of a non-executive director.

HSC Chairman, Leylan Neep commented:

“I’m looking forward to supporting Graham our Managing Director, as he continues to grow our sales pipeline and partner relationships, as well as being an added resource to the executive team and increasing the level of engagement with our stakeholders.”

HSC’s Managing Director, Graham Russell commented:

“I’m very glad Leylan has stepped into this role and look forward to him working more closely with the management team. Leylan’s corporate skills will be a significant asset to the team as we embark on what we anticipate being an exciting stage of growth for HSC in 2022.”

Listing Rule 3.16.4 Information

Executive Chairman Employment Terms

Pursuant to ASX Listing Rule 3.16.4 the Company confirms the material terms of Mr Neep’s Executive Services Agreement with the Company.

Base Salary – Total Fixed Remuneration

As part of an executive services agreement, the Company will pay Mr Neep, while acting in the role as

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Executive Chairman a monthly fee of $12,500. Mr Neep may also be eligible for a short-term incentive opportunity in line with HSC’s incentive framework.

Subject to shareholder approval, Mr Neep may also be issued with performance rights. Full details of any performance rights will be provided to shareholders for consideration at the next general meeting.

Other Key Terms

Mr Neep’s contract has no fixed period. The Agreement may be terminated by either party with 2 months written notice. The Company may terminate the Agreement without notice in certain limited circumstances.

This announcement has been authorised by the Board of Directors of HSC Technology Group Ltd.

Investor Enquiries

Stephen Rodgers Company Secretary investors@hsctg.com.au

About HSC Technology Group

HSC Technology Group is a technology company that improves quality of life, later in life. They do this through their next generation software, the TALIUS Smart Care Platform that collects and analyses data from a range of world-class sensors to improve business and resident outcomes in a range of Aged Care settings.

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