XPON TECHNOLOGIES GROUP LIMITED — Major Shareholding Notification 2025

Feb 11, 2025

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme XPON TECHNOLOGIES GROUP LIMITED ACN/ARSN 635 810 258

1. Details of substantial holder(1)

Name MATTHEW ARNOLD FORMAN ACN/ARSN (if applicable) There was a change in the interests of the substantial holder on 18 / 12 /23 The previous notice was given to the company on 16 / 12 / 21 The previous notice was dated 16 / 12 / 21

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		Presentnotice	Presentnotice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinary Shares	104,288,320	34.34%	113,521,652	31.32%

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 Person whose Natureof Consideration change relevant interest change (6) given in relation changed to change (7) 18/12/2023 Black Oak Ventures Pty Ltd Dilution by quotation of Fully Paid Ordinary Shares. N/A 27/06/2024 Black Oak Super Pty Ltd A/C> Acquisition of placement shares $0.015 per share 27/06/2024 Black Oak Ventures Pty Ltd Acquisition of placement shares $0.015 per share 4.Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	Date of change	Date of change	Person whose relevant interest changed	Person whose relevant interest changed	Natureof change (6)	Natureof change (6)	Consideration given in relation to change (7)	Consideration given in relation to change (7)	Class and number of securities affected	Class and number of securities affected	Person's votes affected
	18/12/2023		Black Oak Ventures Pty Ltd		Dilution by quotation of Fully Paid Ordinary Shares.		N/A		104,288,320 fully paid ordinary shares		104,288,320
	27/06/2024		Black Oak Super Pty Ltd A/C>		Acquisition of placement shares		$0.015 per share		8,566,666 Fully paid ordinary shares		8,566,666
	27/06/2024		Black Oak Ventures Pty Ltd		Acquisition of placement shares		$0.015 per share		666,666 Fully Paid Ordinary shares		666,666
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
Black Oak Ventures Pty Ltd FamilyA/C>		Black Oak Ventures Pty Ltd FamilyA/C>		Black Oak Ventures Pty Ltd FamilyA/C>		Relevant interest under section 608(1) of the Corporations Act 2001		104,954,986 Fully paid ordinary shares		104,954,986

					604 page 2/2 15 July 2001 8,566,666
			(Cth) as the registered holder of 104,954,986
Black Oak Super Pty Ltd Fund A/C>	Black Oak Super Pty Ltd Fund A/C>	Black Oak Super Pty Ltd Super Fund A/C>	Relevant interest under section 608(1) of the Corporations Act 2001 (Cth) as the registered holder of 8,566,666	8,566,666 Fully paid ordinary shares	8,566,666

604 page 3/2 15 July 2001

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 Name Address Black Oak Ventures Pty Ltd Level 1/8 Innovation Pkwy, Birtinya QLD 4575 Black Oak Super Pty Ltd Level 1/8 Innovation Pkwy, Birtinya QLD 4575

6. Addresses

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

Signature

print name Matthew Forman

capacity Substantial shareholder

sign here date 11/02/2025

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(4) The voting shares of a company constitute one class unless divided into separate classes.

(5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.