VINYL GROUP LTD — Major Shareholding Notification 2022

Oct 25, 2022

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ASX Release

Share Purchase

Sydney, Australia, 26 October 2022: Jaxsta Limited ACN 106 513 580 ( Jaxsta or the Company , ASX: JXT) the world’s largest dedicated database of official music credits, is pleased to announce that Paul Wiltshire, CEO of Songtradr has now become a substantial shareholder in Jaxsta.

Highlights

• Paul Wiltshire, Songtradr CEO acquires 7.00% stake in Jaxsta; making him the largest Jaxsta shareholder;

• Jaxsta founders Jacqui Louez Schoorl and Louis Schoorl sold 24,000,000 shares to Mr. Wiltshire, and the Schoorls entered into a 12 month escrow agreement with the Company for 23,490,004 shares of their remaining combined balance of 24,490,004 shares;

• Following the transaction, Jacqui Louez Schoorl and Louis Schoorl will own 3.26% and 3.89%, respectively.

Beth Appleton, Jaxsta’s Chief Executive Officer commented: ”We are thrilled with Paul’s investment and the confidence shown in Jaxsta, as well as our ongoing relationship with Songtradr. The Jaxsta platform continues to evolve with the business gaining great momentum this year. We have only scratched the surface with regard to the full potential of our platform and data. We look forward to delivering a product offering that we believe will transform the company.”

Paul Wiltshire adds ‘Jaxsta has a long journey ahead and I’m excited to be a part of that journey. I’ve been impressed by the progress made so far this year, the leadership of Beth Appleton and the potential of the company. Jaxsta is uniquely positioned with its unparalleled supplier relationships, data and platform.”

Jacqui Louez Schoorl, Jaxsta Founder commented: ”This transaction enables a new significant investor, Paul Wiltshire, to show his further commitment and belief in Jaxsta, our team and the overall vision of the company. Both Louis and I are in support of this show of confidence from Paul. The Jaxsta team, our CEO Beth, the Board, our investors, including Songtradr and Paul, are critical contributors to the future success of the company. I’m very proud to have been one of the founders of Jaxsta, and led Jaxsta through its development years, and I remain as excited about the Company today as I was at its inception. My continued support and belief in Jaxsta remains as strong as ever.”

Jaxsta Ltd. | ABN 15 106 513 580 | ASX:JXT

jaxsta.com

Level 1, 113-115 Oxford Street, DARLINGHURST, NSW, 2010, AUSTRALIA

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For further information please contact:

Authorisation & Additional Information:

This announcement was authorised by the Board of Directors of Jaxsta Limited

Jaxsta Investor Relations:

E: jaxstainvestors@jaxsta.com P: +61 2 8317 1000

www.jaxsta.com Level 1, 113-115 Oxford Street Darlinghurst 2010 NSW Australia

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ABOUT JAXSTA

Jaxsta is the world's only official music credits database. It contains more than 270 million official, deep-linked music credits across 75 million pages, sourced from over 325 data partners, including record labels, publishers and industry associations. Jaxsta's data is mapped to the world's charts and can provide world-first insights including custom repertoire reports to ensure industry organizations can map music ownership and revenue. Jaxsta is a key solution to the music industry's metadata problem.

Jaxsta Ltd. | ABN 15 106 513 580 | ASX:JXT

jaxsta.com

Level 1, 113-115 Oxford Street, DARLINGHURST, NSW, 2010, AUSTRALIA