Announcement PDF Appendix 3B - Proposed issue of securities Announcement Summary Entity name MYSTATE LIMITED Announcement Type New announcement Date of this announcement 7/2/2025 The Proposed issue is: A placement or other type of issue Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description MYS ORDINARY FULLY PAID Maximum Number of +securities to be issued 57,602,353 Proposed +issue date 19/2/2025 Refer to next page for full details of the announcement Appendix 3B - Proposed issue of securities 1/5 Appendix 3B - Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity MYSTATE LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type Registration Number ACN 133623962 1.3 ASX issuer code MYS 1.4 The announcement is New announcement 1.5 Date of this announcement 7/2/2025 1.6 The Proposed issue is: A placement or other type of issue Appendix 3B - Proposed issue of securities 2/5 Appendix 3B - Proposed issue of securities Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes 7A.1a Conditions Approval/Condition Date for determination Lodgement of court order with +ASIC 10/2/2025 Is the date estimated or actual? ** Approval received/condition met? Estimated No Comments Lodgement of Court orders in accordance with section 411(10) of the Corporations Act 2001 (Cth) is expected to occur on 10 February 2025. Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Existing class Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ASX +security code and description MYS : ORDINARY FULLY PAID Number of +securities proposed to be issued 57,602,353 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities The new fully paid ordinary shares are issued pursuant to the implementation of the Scheme of Arrangement between MyState Limited (MYS), MyState Bank Limited (a wholly owned subsidiary of MYS) and Auswide Bank Limited (ABA). Refer to announcement of the Scheme Booklet registered with ASIC on 23 October 2024. The consideration for the Appendix 3B - Proposed issue of securities 3/5 Appendix 3B - Proposed issue of securities acquisition by MyState Bank Limited of all fully paid ordinary shares in ABA (ABA Shares) is 1.112 new fully paid ordinary shares in MYS for each ABA Share held on the record date, except for ineligible foreign shareholders who will receive their pro rata share of net proceeds under a sale facility described in the Scheme Booklet. The record date will be 7pm (AEDT) on 12 February 2025. Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 262,090,706.000000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Part 7C - Timetable 7C.1 Proposed +issue date 19/2/2025 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? No 7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? No 7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? Yes 7D.4a Please enter the number and +class of the +securities subject to +voluntary escrow and the date from which they will cease to be subject to +voluntary escrow 52,032 shares - release date 1/10/2025; 14,092 - 1/01/2026; 41,952 - 1/10/2026; 10,564 - 1/11/2026; 25,177 29/09/2027; 58,101 - 1/01/2028; 36,616 - 1/11/2028. Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? No 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Usual legal, accounting, expert and adviser fees for a transaction of this nature Appendix 3B - Proposed issue of securities 4/5 Appendix 3B - Proposed issue of securities Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities The shares are issued pursuant to the completion of the acquisition of Auswide Bank Ltd 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue Refer to Auswide Bank Ltd ASX Announcements released on 23 October 2024 titled 'Scheme Booklet registered with ASIC' and on 28 November 2024 titled 'Postponement of Scheme Meeting. 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f) Appendix 3B - Proposed issue of securities 5/5