ZIMI LIMITED — Capital/Financing Update 2018

Nov 8, 2018

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9 November 2018

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

Entitlement Issue Closure and Notice of Shortfall

Quantify Technology Holdings Limited advises that the fully underwritten pro-rata non-renounceable entitlement issue pursuant to the Offer Document dated 8 October 2018, closed on 6 November 2018 ( Entitlement Issue or Offer ).

The Entitlement Issue offered, to eligible shareholders, eight (8) new shares for every eleven (11) shares held on the record date, at an issue price of $0.01 per new share.

Shares validly applied for under the Offer and the number of shortfall shares is summarised below:

	Number	Subscription amount at $0.01 per share
Total Shares offered	399,363,485	$3,993,634.85
Shares validlyapplied for under the Offer	109,258,282	$1,092,582.82
Shortfall	290,105,203	$2,901,052.03

The 290,105,203 shortfall shares will be placed by the underwriter, Pinnacle Corporate Finance Pty Ltd, pursuant to the terms of the underwriting agreement.

Yours faithfully

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Neville Bassett Company Secretary

Quantify Technology Holdings Ltd ABN: 25 113 326 524 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 Postal Address: P.O. Box 7315, Perth WA 6850

T: +61 8 6268 2622 F: +61 8 6268 2699