XREALITY GROUP LTD — Regulatory Filings 2019

Mar 7, 2019

ACN: 154 103 607 123 Mulgoa Road, Penrith NSW 2750

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Mr George Tharian Adviser, Listings Compliance (Sydney) ASX Compliance Pty Ltd 20 Bridge Street SYDNEY NSW 2000

07 March 2019

Dear Mr Tharian

Indoor Skydive Australia Group (IDZ): Price Query

I refer to your letter earlier today regarding the movement in the share price and the increase in the volume of trading, and respond to your request for information below:

1. IDZ is not aware of any information concerning the company, that has not been announced to the market which, if known to some in the market, could explain the recent trading activities in IDZ securities.

2. Not applicable.

3. The only reason that we believe could explain the recent share price and volume movements, is investors taking advantage of what they see as a market opportunity.

4. IDZ is aware of its Continuious Disclosure obligations and is complying with them, including Listing Rule 3.1.

5. The Company confirms that the above responses to the queries raised in your letter dated 07 March 2019 have been authorised and approved under our published continuious disclosure policy.

Yours faithfully

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Stephen Tofler Company secretary

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7 March 2019

Mr Stephen Tofler Company Secretary Indoor Skydive Australia Group Limited 123 Mulgoa Road Penrith NSW 2750

By email:

Dear Mr Tofler

Indoor Skydive Australia Group Limited (‘IDZ’): Price Query

We note the change in the price of IDZ’s securities from a low of $0.006 yesterday to a high of $0.015 today.

We also note the significant increase in the volume of IDZ’s securities traded today.

Request for Information

In light of this, ASX asks IDZ to respond separately to each of the following questions and requests for information:

1. Is IDZ aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?

2. If the answer to question 1 is “yes”.

3. (a) Is IDZ relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note that the recent trading in IDZ’s securities would suggest to ASX that such information may have ceased to be confidential and therefore IDZ may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to discuss the situation.

4. (b) Can an announcement be made immediately? Please note, if the answer to this question is “no”, you need to contact us immediately to discuss requesting a trading halt (see below).

5. (c) If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?

6. If the answer to question 1 is “no”, is there any other explanation that IDZ may have for the recent trading in its securities?

7. Please confirm that IDZ is complying with the Listing Rules and, in particular, Listing Rule 3.1.

8. Please confirm that IDZ’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of IDZ with delegated authority from the board to respond to ASX on disclosure matters.

When and where to send your response

This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in any event, by no later than 9:00 AM AEDT on Friday, 8 March 2019 . If we do not have your response by then, ASX will likely suspend trading in IDZ’s securities under Listing Rule 17.3. You should note that if the information requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall within the exceptions mentioned in Listing Rule 3.1A, IDZ’s obligation is to disclose the information

ASX Customer Service Centre 131 279 | asx.com.au

ASX Limited [[Listings]]

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“immediately”. This may require the information to be disclosed before the deadline set out in the previous paragraph.

ASX reserves the right to release a copy of this letter and your response on the ASX Market Announcements Platform under Listing Rule 18.7A. Accordingly, your response should be in a form suitable for release to the market. Your response should be sent to me by e-mail at ListingsComplianceSydney@asx.com.au . It should not be sent directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it is in a form appropriate for release to the market, before it is published on the ASX Market Announcements Platform.

Listing Rules 3.1 and 3.1A

Listing Rule 3.1 requires a listed entity to give ASX immediately any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s securities. Exceptions to this requirement are set out in Listing Rule 3.1A. In responding to this letter, you should have regard to IDZ’s obligations under Listing Rules 3.1 and 3.1A and also to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 – 3.1B . It should be noted that IDZ’s obligation to disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the questions set out in this letter.

Trading halt

If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is “yes” and an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request a trading halt in IDZ’s securities under Listing Rule 17.1. If you wish to request a trading halt, you must tell us:

• the reasons for the trading halt;

• how long you want the trading halt to last;

• the event you expect to happen that will end the trading halt;

• that you are not aware of any reason why the trading halt should not be granted; and

• any other information necessary to inform the market about the trading halt, or that we ask for.

We may require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is granted.

You can find further information about trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions

Suspension

If you are unable to respond to this letter by the time specified above ASX will likely suspend trading in IDZ’s securities under Listing Rule 17.3.

Enquiries

If you have any queries or concerns about any of the above, please contact me immediately.

Yours sincerely

George Tharian

Adviser, Listings Compliance (Sydney)

2/2 ASX Customer Service Centre 131 279 | asx.com.au