Notification of buy-back

Announcement Summary

For personal use only

Name of entity

CLIME INVESTMENT MANAGEMENT LTD

Announcement type

Update announcement

Type of update

Daily buy-back notification

Date of this announcement

23/3/2022

Reason for update

Employee share incentive scheme buy-back

ASX Security code and description of the class of +securities the subject of the buy-back

CIW : ORDINARY FULLY PAID

The type of buy-back is:

Employee share scheme buy-back

Total number of +securities bought back before previous day

0

Total number of +securities bought back on previous day

500,000

Refer to next page for full details of the announcement

Notification of buy-back

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Notification of buy-back

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

CLIME INVESTMENT MANAGEMENT LTD

We (the entity named above) provide the following information about our buy-back.

1.2

Registration number type

Registration number

ABN

37067185899

1.3

ASX issuer code

CIW

1.4 The announcement is

Update/amendment to previous announcement

1.4a Type of update

Daily buy-back notification

1.4b Reason for update

Employee share incentive scheme buy-back

1.4c Date of initial notification of buy-back

8/3/2022

1.4d Date of previous announcement to this update

8/3/2022

1.5 Date of this announcement

23/3/2022

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

CIW : ORDINARY FULLY PAID

Notification of buy-back

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Notification of buy-back

Part 2 - Type of buy-back

2.1 The type of buy-back is:

Employee share scheme buy-back

For personal use only

Notification of buy-back

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Notification of buy-back

Part 3 - Buy-back details

Part 3A - Details of +securities, price and reason

only

3A.1 Total number of +securities on issue in the class of

+securities to be bought back

72,647,295

3A.2 Total number of +securities proposed to be bought

use

back

500,000

3A.9 Are the +securities being bought back for a cash consideration?

Yes

3A.9a Is the price to be paid for +securities bought back known?

Yes

3A.9a.1 In what currency will the buy-back consideration

3A.9a.2 Buy-back price per +security

be paid?

AUD - Australian Dollar

0.55800000

Part 3B - Buy-back restrictions and conditions

personal

For

3B.1 Does the buy-back require security holder

approval?

No

3B.3 Are there any other conditions that need to be

satisfied before the buy-back offer becomes

unconditional? No

Notification of buy-back

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Notification of buy-back

Part 3C - Key dates

Employee Share Scheme, Selective and Other Buy-Backs

only

3C.1 Anticipated date buy-back will occur

22/3/2022

use

Part 3D - Other Information

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

personalFor

The Shares have been forfeited in accordance with the terms of the Employee Incentive Scheme (EIS).

In accordance with the terms of the EIS, the consideration to be offered for the shares is the balance of each

shareholder's outstanding loan to the Company in respect of those shares.

Notification of buy-back

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Disclaimer

Clime Investment Management Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 05:43:04 UTC.