Debt repayment extension

ASX Statement
15 April 2020                                                                                    ASX Code: AU1

                                        Debt Repayment Extension
The Agency Group Australia (ASX:AU1) (“The Agency” or “the Company”) advises that its current primary debt provider (“Debt
Funder”), a tier one investment bank, has agreed to extend the term of the current facility by a further 10 days (to 24 April
2020).

Both The Agency and its debt provider remain in constructive negotiations.

In addition to the negotiations with the Debt Funder the Company has been in parallel discussions with other credible debt
providers regarding refinancing of its primary bank debt and will continue to advance these to a suitable conclusion.

Due to the effects of COVID-19 on the wider real estate market the lenders are requiring more information to enable these
discussions to complete.
Recent announcements by the NSW and WA Governments regarding support for residential tenants and landlords, with the
expectation of similar support initiatives from other states, is positively impacting these negotiations.

The Board will provide a further update to the market closer to the conclusion of the extension period.

The Agency boasts significant assets, with a rent roll and mortgage book valued at considerably more than current debt levels.

This ASX release has been approved for release by the board.
Authorised for release by:

Stuart Usher

Company Secretary

For further information, please contact:

 Investors                                                      Media
 The Agency Australia Ltd                                       Chapter One Advisors
 Paul Niardone                                                  David Tasker / Colin Jacoby
 T: +61 08 9204 7955                                            T: +61 433 112 936 / +61 439 980 359