TOUCH VENTURES LIMITED — Major Shareholding Notification 2025

Jan 23, 2025

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Touch Ventures Limited ACN/ARSN 612 559 958

1. Details of substantial holder (1)

Name Utilico Emerging Markets Trust Plc and Associates named in Annexure B

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 21 January 2025 The previous notice was given to the company on 17 December 2023 The previous notice was dated 17 December 2023

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary Shares	50,566,796	7.17%	42,081,841	5.94%

3. 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 are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
See Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
See Annexure B

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

6. Addresses

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

Name	Address
ICM Limited and associates as listed in Annexure B	34 Bermudiana Road, Hamilton HM11, Bermuda
UIL Limited	Claredon House, 2 Church Street, Hamilton, HM11, Bermuda
Utilico Emerging Markets PLC, ICM Investment Management Limited	The Cottage Ridge court, The Ridge, Epsom, Surrey, United Kingdom, KT18 7EP
Ingot Capital Investments Pty Ltd, Capel Court Pty Ltd	Level 11, 1 York Street, Sydney, Australia, NSW, 2000
ICM NZ Limited	Level 10, Resimac House, 45 Johnston Street, Wellington, New Zealand, 6011

Signature

Print Name	Sanita Nomgaude	Capacity	Notifications Administrator
Signature		Date	23 January 2025

Annexure 'A'

This is Annexure A of 1 page referred to in Form 604 Notice of change of interests of substantial holder signed by me and dated 23 January 2025.

Print Name	Sanita Nomgaude	Capacity	Notifications Administrator
Signature		Date	23 January 2025

Change in relevant interests

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
2023/12/20- 2023/12/28	Ingot Capital Investments Pty Ltd	On market purchases	A$ 1,053	15,045	15,045
2024/06/28	ICM NZ Limited	Off market transfer	-	(1,025,000)	(1,025,000)
2024/06/28	Ingot Capital Investments Pty Ltd	Off market transfer	-	1,025,000	1,025,000
2024/12/17- 2025/01/21	UIL Limited	On market sale	A$ 1,577,526	(8,500,000)	(8,500,000)
2023/12/20- 2024/06/28	ICM NZ Limited Capel Court Pty Ltd Allectus Capital Limited UIL Limited QICM Technology Investments Limited ICM Limited ICM Investment Management Limited General Provincial Life Pension Fund Limited Somers Isles Private Trust Company Limited Duncan Saville	Change in % holding due to on market purchases and off market transfer by Ingot Capital Investment Pty Ltd	-	1,040,045	1,040,045

2024/06/28	Capel Court Pty Ltd Allectus Capital Limited UIL Limited Ingot Capital Investments Pty Ltd QICM Technology Investments Limited ICM Limited ICM Investment Management Limited General Provincial Life Pension Fund Limited Somers Isles Private Trust Company Limited Duncan Saville	Change in relevant interest due to off market transfer by ICM NZ Limited	-	(1,025,000)	(1,025,000)
2024/07/15- 2024/12/13	Capel Court Pty Ltd Allectus Capital Limited UIL Limited Ingot Capital Investments Pty Ltd ICM NZ Limited QICM Technology Investments Limited ICM Limited ICM Investment Management Limited General Provincial Life Pension Fund Limited Somers Isles Private Trust Company Limited Duncan Saville	Changes in relevant interest due to issue of shares and buy back by Touch Ventures Limited	-	-	-

Capel Court Pty Ltd Allectus Capital Limited Ingot Capital Investments Pty Ltd ICM NZ Limited 2024/12/17QICM Technology 2025/01/21 Investments Limited ICM Limited Change in % holding due to on market sales - (8,500,000) (8,500,000) by UIL Limited ICM Investment Management Limited General Provincial Life Pension Fund Limited Somers Isles Private Trust Company Limited Duncan Saville

Annexure 'B'

This is Annexure B of 2 pages referred to in Form 604 Notice of change of interests of substantial holder signed by me and dated 23 January 2025

Print Name	Sanita Nomgaude	Capacity	Notifications Administrator
Signature		Date	23 January 2025

Present relevant interests

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Utilico Emerging Markets Trust Plc	JP Morgan Nominees Australia Limited	Utilico Emerging Markets Trust PLC	Beneficial Owner	28,075,069	28,075,069
Allectus Capital Limited	Allectus Capital Limited	Allectus Capital Limited	Registered Holder	1,748,291	1,748,291
	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd	12,258,481	12,258,481
Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Registered Holder	12,258,481	12,258,481
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Allectus Capital Limited	1,748,291	1,748,291
ICM Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd.	12,258,481	12,258,481
	JP Morgan Nominees Australia Limited	Utilico Emerging Markets Trust Plc	Relevant interest under sections 608(1) (b) and (c) and section 608(3)(a) of the Corporations Act as Co- Investment Manager of Utilico Emerging Markets Trust Plc	28,075,069	28,075,069
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under sections 608(1) (b) and (c) and section 608(3)(a) of the Corporations Act as Investment Manager of Allectus Capital Limited	1,748,291	1,748,291
ICM Investment Management Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd.	12,258,481	12,258,481
	JP Morgan Nominees Australia Limited	Utilico Emerging Markets Trust Plc	Relevant interest under sections 608(1) (b) and (c) and section 608(3)(a) of the Corporations Act as Co-Investment Manager of Utilico Emerging Markets Trust Plc	28,075,069	28,075,069
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Allectus Capital Limited	1,748,291	1,748,291
UIL Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd.	12,258,481	12,258,481
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Allectus Capital Limited	1,748,291	1,748,291

QICM Technology Investments Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd	12,258,481	12,258,481
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(b) of the Corporations Act by having common control over Allectus Capital Limited.	1,748,291	1,748,291
General Life Pension Fund Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd	12,258,481	12,258,481
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Allectus Capital Limited.	1,748,291	1,748,291
Capel Court Pty Ltd	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(b) of the Corporations Act by having control over Ingot Capital Investments Pty Ltd.	12,258,481	12,258,481
	Allectus Capital Limited	Allectus Capital Limited	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Allectus Capital Limited	1,748,291	1,748,291
Somers Isles Private Trust Company Limited	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(a) of the Corporations Act which has voting power of above 20% in Ingot Capital Investments Pty Ltd.	12,258,481	12,258,481
	JP Morgan Nominees Australia Limited	Utilico Emerging Markets Trust Plc	Relevant interest under section 608(3)(b) of the Corporations Act by having control over ICM Limited, ICM Investment Management Limited, General Provincial Life Pension Fund Limited.	28,075,069	28,075,069
	Allectus Capital Limited	Allectus Capital Limited		1,748,291	1,748,291
Duncan Saville	Ingot Capital Investment Pty Ltd	Ingot Capital Investment Pty Ltd	Relevant interest under section 608(3)(b) of the Corporations Act by having control over ICM Limited, ICM Investment Management Limited and having control over Somers Isles Private Trust Limited and Capel Court Pty Ltd.	12,258,481	12,258,481
	JP Morgan Nominees Australia Limited	Utilico Emerging Markets Trust Plc		28,075,069	28,075,069
	Allectus Capital Limited	Allectus Capital Limited		1,748,291	1,748,291