Top Level Acquisition Update

14 November 2018

                                 ASX MARKET RELEASE

                           TOP LEVEL ACQUISITION UPDATE
The Board of The Agency Group Australia Limited (“AU1”) advises that it is progressing towards
completion of its acquisition of Top Level Pty Ltd (“Top Level”). On 17 October 2018, it released its
Notice of Meeting for the purpose of seeking approval to the acquisition.

The Directors are now in the process of finalising a prospectus for the offer of AU1 shares to the Top
Level shareholders in accordance with the agreed terms for the acquisition of Top Level. AU1 is
preparing an updated pro forma balance sheet based upon financial information as at 31 August 2018
to be included in the prospectus. The Board believes that this information should be provided to its
shareholders to assist them in voting in respect of the resolutions in the Notice of Meeting which relate
to the Top Level acquisition.

For this reason, the Board has resolved to provide this information to shareholders by way of an
Addendum to the Notice of Meeting and seek to adjourn Resolutions 1 to 13 to 28 November 2018 (the
same date as AU1’s annual general meeting). The consolidation of capital and completion of Top Level
will be deferred for a corresponding period of time. Resolution 14 will be put to shareholders on
Thursday,15 November 2018, as originally planned.

Set out below is an updated timetable for the acquisition.

 Event                                                  Indicative Timing*
 Dispatch of Notice of Meeting                          17 October 2018
 General Meeting of Shareholders                        28 November 2018
 ASX notified whether Shareholders’ approval has
 been granted for the Resolutions
 Capital Raising completed                              12 December 2018

 Subject to Directors’ satisfaction that the          17 December 2018
 conditions precedent in Amended and Restated
 Option Agreement are satisfied (or waived in
 accordance with its terms), Settlement, of the
 Acquisition including issue of the Shares
 contemplated by this Notice
 Commencement of trading of Shares on ASX             18 December 2018

AU1 anticipates releasing its Addendum to shareholders and ASX later this week.

If you require further information, please contact:

Investors

The Agency Australia Ltd
Paul Niardone
T: +61 08 9204 7955

Media

Chapter One Advisors
David Tasker / Colin Jacoby
T: +61 433 112 936 / +61 439 980 359