Pacific Current : Notice of 2021 Annual General Meeting/Proxy Form

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ASX ANNOUNCEMENT

15 October 2021

2021 Annual General Meeting

Pacific Current Group Limited (ASX:PAC), provides the following documents in relation to PAC's 2021 Annual General Meeting, to be held virtually on Friday 19 November 2021 at 10.00am (AEDT):

• Notice of Meeting (including Attachment A - Nomination of Auditor);
• Proxy Form;
• Shareholder Question Form; and
• Online Meeting Guide

AUTHORISED FOR LODGEMENT BY:

Tony Robinson

Chair

-ENDS-

CONTACT

For Investor and Media enquiries:

• Paul Greenwood - Managing Director, CEO and CIO
• 1. [e-mail]
  1. ([phone]

ABOUT PACIFIC CURRENT GROUP

Pacific Current Group Limited is a multi-boutique asset management firm dedicated to providing exceptional value to shareholders, investors and partners. We apply our strategic resources, including capital, institutional distribution capabilities and operational expertise to help our partners excel. As of 15 October 2021, Pacific Current Group has investments in 15 boutique asset managers globally.

Pacific Current Group Limited (ABN 39 006 708 792)

Suite 3, Level 3, 257 Collins Street, Melbourne, VIC 3000 Australia

www.paccurrent.com

Tel: [phone] // Fax: [phone]

PACIFIC CURRENT GROUP LIMITED

Notice of Meeting 2021

ABN 39 006 708 792

NOTICE OF 2021

ANNUAL GENERAL MEETING

Dear Shareholder,

On behalf of the Board of Pacific Current Group Limited (Pacific Current), I am pleased to invite you to attend the 2021 Annual General Meeting (AGM) of Pacific Current. Enclosed is the Notice of Meeting setting out the business of the AGM.

Pacific Current's 2021 AGM will be held virtually on Friday, 19 November 2021 commencing at 10.00am (AEDT).

If you are unable to attend the AGM, I encourage you to complete your Proxy Form no later than 10.00am (AEDT) on Wednesday, 17 November 2021 online or in one of the other ways specified in the Notice of Meeting and Proxy Form.

Pacific Current continues to monitor the ongoing risks from the COVID-19 disease outbreak. In the interests of the health and safety of shareholders, our people and other potential attendees and given the uncertainty regarding the rules which may be in place at the time of the meeting relating to in-person gatherings, the Board has decided to hold this year's meeting as an online (virtual) meeting.

Our virtual AGM will provide you with similar opportunities online as you would have attending a meeting in person. You will be able to view presentations, as well as vote and ask questions or make comments live during the meeting. A dial-in teleconference will also be available to shareholders to listen to the webcast.

Further details on how to participate in the AGM are set out in the attached Notice of Meeting and in the Online Meeting Guide (Guide). The Guide provides details about how to ensure your browser is compatible with the online platform, as well as a step by step guide to successfully logging in and navigating the site. The Guide will be released to the ASX and is also available at www.computershare.com.au/onlinemeetingguide.

I encourage you to read the enclosed Notice of Meeting (including the Explanatory Memorandum) and the Proxy Form and consider lodging a directed proxy in advance of the meeting by following the instructions on the Proxy Form.

The Managing Director, Chief Executive Officer and Chief Investment Officer, Paul Greenwood and I will comment briefly on the performance of Pacific Current during the year ended 30 June 2021 at the meeting. For further information please also refer to the 2021 Annual Report, which is available on Pacific Current's website.

Subject to the abstentions noted in the Explanatory Memorandum, the Directors of Pacific Current unanimously recommend that shareholders vote in favour of all resolutions.

Thank you for your continued support of Pacific Current and I look forward to your attendance at the 2021 AGM. Yours faithfully,

Tony Robinson

Chairman

Notice of Meeting 2021	2		3

NOTICE OF 2021 ANNUAL GENERAL MEETING

Notice is hereby given that the 2021 Annual General Meeting (AGM or Meeting) of Pacific Current Group Limited ACN 006 708 792 (Pacific Current or Company) will be held virtually on:

Date: Friday, 19 November 2021

Time: 10:00am (AEDT)

Webcast: The meeting will be webcast via Computershare's LUMI platform

Online Facility: Shareholders may participate in the AGM, ask questions and vote using the online facility at:

www.web.lumiagm.com/361490149

Meeting ID: 361490149

Telephone Dial in Details:

Shareholders who wish to listen to an audio only of the webcast, may call: [phone]

Please note, shareholders who listen via the audio only option will not be able to ask questions or vote.

The Explanatory Memorandum provides additional information on matters to be considered at the AGM. The Explanatory Memorandum and the Proxy Form are part of this Notice of Meeting.

Further details on how to participate in the AGM are set out in the attached Notice of Meeting and in the Online Meeting Guide.

The Online Meeting Guide provides details about how to ensure your browser is compatible with the online platform, as well as a step by step guide to successfully logging in and navigating the site. The Online Meeting Guide will be released to the ASX and is also available at www.computershare.com.au/onlinemeetingguide.

It is recommended that shareholders log in to the online platform at least 15 minutes prior to the scheduled start time for the Meeting on a supported web browser on their computer or online device. To log in to the Meeting, shareholders will need their Shareholder Reference Number (SRN) or Holder Identification Number (HIN), which is printed on their shareholder letter, along with their postcode.

Proxyholders: To receive your unique Username and Password, you will need to contact Computershare Investor Services on [phone] during the online registration period which will open 1 hour before the start of the meeting.

ITEMS OF BUSINESS

1. CONSIDERATION OF REPORTS

The first item of business is to receive and consider the Financial Report, the Directors' Report and the Independent Auditor's Report of the Company for the financial year ended 30 June 2021.

All shareholders can view the Company's Annual Report, which contains the Financial Report, the Directors' Report and the Independent Auditor's Report of the Company for the year ended 30 June 2021 on the Company's website at:

https://paccurrent.com/shareholders/document-library/annual-report/.

Shareholders are not required to vote on this item.

2. REMUNERATION REPORT

RESOLUTION 1 - ADOPTION OF REMUNERATION REPORT

To consider and, if thought fit, pass the following Advisory Resolution:

"That the Remuneration Report for the year ended 30 June 2021 be adopted."

The Remuneration Report is contained in the 2021 Annual Report (available on the Company's website). Please note that, in accordance with section 250R(3) of the Corporations Act 2001 (Cth) (Act), the vote on this resolution is advisory only and does not bind the Directors or the Company.

3. RE-ELECTION OF DIRECTOR

RESOLUTION 2 - RE-ELECTION OF JEREMIAH CHAFKIN

To consider and, if thought fit, pass the following Ordinary Resolution:

"That Jeremiah Chafkin, who retires in accordance with clause 7.1(g)(3) of the Constitution and being eligible for election, is re-elected as a Director of the Company."

4. APPROVAL OF EQUITY PLAN

RESOLUTION 3 - APPROVAL TO ISSUE SECURITIES UNDER THE EMPLOYEE SHARE OWNERSHIP PLAN

To consider and, if thought fit, pass the following Ordinary Resolution:

"That, for the purposes of ASX Listing Rule 7.2, exception 13 and all other purposes, the Pacific Current Employee Share Ownership Plan (Plan), as described in the Explanatory Memorandum accompanying and forming part of this Notice of Meeting, be approved and the issue of securities under the Plan be approved as an exception to ASX Listing Rule 7.1."

ABN 39 006 708 792

NOTICE OF 2021

ANNUAL GENERAL MEETING

continued

5. APPROVAL OF ISSUE OF SECURITIES TO MANAGING DIRECTOR UNDER EMPLOYEE SHARE OWNERSHIP PLAN

RESOLUTION 4 - APPROVAL TO ISSUE SECURITIES TO MR PAUL GREENWOOD, MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER, AND CHIEF INVESTMENT OFFICER UNDER THE EMPLOYEE SHARE OWNERSHIP PLAN

To consider and, if thought fit, pass the following Ordinary Resolution:

"That, for the purposes of ASX Listing Rule 10.14 and all other purposes, the issue of 1,800,000 options to acquire ordinary shares in the Company, to Mr Paul Greenwood under the Pacific Current Employee Share Ownership Plan, on the terms described in the Explanatory Memorandum accompanying and forming part of this Notice of Meeting, be approved.

6. APPROVAL OF BENEFITS TO MANAGING DIRECTOR ON CESSATION OF EMPLOYMENT OR ON TRANSFER OF UNDERTAKING OR PROPERTY OF THE COMPANY

RESOLUTION 5 - APPROVAL OF BENEFITS TO MR PAUL GREENWOOD ON HIS CESSATION OF EMPLOYMENT OR ON TRANSFER OF UNDERTAKING OR PROPERTY OF THE COMPANY

To consider and, if thought fit, pass the following Ordinary Resolution:

"That, for the purposes of sections 200B, 200C, and 200E of the Corporations Act 2001 (Cth) and for all other purposes, the giving of benefits to Mr Paul Greenwood in connection with:

• Mr Greenwood ceasing to be employed by the Company or a related body corporate; or
• the transfer of the whole or part of the undertaking or property of the Company;

on the terms summarised in the Explanatory Memorandum accompanying and forming part of this Notice of Meeting, be approved.

7. APPOINTMENT OF AUDITOR

RESOLUTION 6 - APPOINTMENT OF AUDITOR

To consider and, if thought fit, pass the following Ordinary Resolution:

"That, in accordance with section 327B(1)(a) of the Corporations Act 2001 (Cth) and for all other purposes, Ernst & Young having been nominated by a shareholder and consented in writing to act in the capacity of Auditor, be appointed as the Auditor of the Company, subject to regulatory approval having been obtained."

BY ORDER OF THE BOARD

Clare Craven

Company Secretary

15 October 2021