Underwriting agreement signed for $10M

ASX MARKET RELEASE
                                                                                          1 March 2018

        Underwriting Agreement signed for $10 million raising
           associated with proposed Top Level acquisition

Key points
   •   The Agency Group has executed an Underwriting Agreement with CPS Capital Group to
       underwrite a minimum $10 million capital raising
    • Successful completion of capital raising is a condition precedent to the proposed acquisition of
       Top Level Real Estate Pty Ltd, which would facilitate addition of a highly experienced east
       coast real estate sales and project marketing team, significant property management portfolio
       and extensive sales pipeline
The Agency Group Australia Limited (ASX:AU1) (“The Agency” or “the Company”), formerly Ausnet
Financial Services Limited, wishes to confirm its proposed acquisition of Top Level Real Estate Pty Ltd
(“Top Level”) (refer ASX announcement dated 12 February 2018) remains firmly on-track, with the
Company entering into an Underwriting Agreement with CPS Capital Group Pty Ltd (“CPS Capital
Group”) to underwrite a capital raising of $10 million (minimum).

A condition Precedent to the settlement of the Top Level acquisition is the completion of a capital
raising (on a pre-consolidation basis) to raise a minimum of A$10 million in gross proceeds, through the
issue of fully paid ordinary shares in the Company at an issue price of $0.02 per share.

The Agency has entered into an Underwriting Agreement with prominent Perth based stockbroking firm
CPS Capital Group, who has committed to underwrite the capital raising, subject to standard
underwriting conditions.

Commenting on the execution of Underwriting Agreement, The Agency Managing Director, Mr Paul
Niardone, said, “We are firmly committed to the proposed acquisition of Top Level and are pleased to
have executed an Underwriting Agreement with CPS Capital Group, who share our commitment to this
transformational transaction.”

“CPS Capital Group have a strong track record of fundraising success and to have them support our
capital raising is a significant milestone in the advancement of this transaction.

“We recently undertook a roadshow to meet with, and present to, a range of Australian small cap funds,
institutions, and received overwhelmingly positive feedback.”

“With the support and commitment of CPS Capital Group to our capital raising we look forward to
completing the transaction within our expected timeframe.”

Subject to successful completion of the proposed capital raising, CPS Capital Group will receive 6% of
the underwritten amount (being $10,000,000), plus 2,000,000 ordinary shares in the Company (on a
post consolidation basis) will be issued to CPS Capital Group or its nominee.

                                                Ends

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

About The Agency Group Australia Ltd

The Agency Group Australia Ltd consists of a group of successful businesses which deliver finance broking, real
estate services, settlement services, property management (2017), project marketing, insurance and financial
planning initially to the Western Australian market with an aim to be rolled out nationally.

This model has been created to build the core asset being a loan book currently at ~$1.1 billion by cross referring
clients between business units. The largest growing referral area has been built on a highly successful and
disruptive real estate agency model named “The Agency”.

The agents have been referring ~60% of all sales for financing broking. The Agency is aiming to recruit ~100 sales
representatives to “The Agency” in Western Australia that will eventually deliver over 1000

property transactions per year with the aim of converting into cross sales for mortgages, settlements and
insurance.

Each sales representative that joins The Agency not only adds sales activities but also on average bring in a
database of ~2000 clients.

The Agency’s target is to have ~600 sales representatives nationally. The Company is also backed by Finsure
Group, one of Australia's fastest growing retail finance brokerages with over 1,200 brokers settling over $1 billion
a month.

Corporate website: www.ausnetrealestateservices.com.au