Teaminvest Private : Dividend Reinvestment Plan

For personal use only

Dividend Reinvestment Plan

20 December 2021

Teaminvest Private Group Limited (ASX:TIP) (Company) advises that the Company's board of directors has resolved to establish a dividend reinvestment plan (DRP) that will offer eligible shareholders the opportunity to reinvest the net proceeds of their dividends from the Company's shares into additional fully paid ordinary shares. Attached to this announcement, is a copy of the plan rules of the DRP.

Further information on how shareholders can participate in the DRP, will be provided by the Company or the Company's registry services provider, Computershare, at a later date.

Ends

For more information, please contact:

Andrew Coleman

Chief Executive Officer

[e-mail]

Teaminvest Private Group Limited

Teaminvest Private Group Limited ABN 74 629 045 736

Suite 302, 80 Mount Street, North Sydney NSW 2060

T [phone] W:www.teaminvestprivate.com.auE:[e-mail]

For personal use only

Dividend Reinvestment Plan

Teaminvest Private Group Limited

ABN 74 629 045 736

Teaminvest Private Group Limited ABN 74 629 045 736

Suite 302, 80 Mount Street, North Sydney NSW 2060

T [phone] W:www.teaminvestprivate.com.auE:[e-mail]

For personal use only

Table of contents
1 Background and frequently asked questions	............................................................ 2
1.1	Introduction ..................................................................................................................................	2
1.2	Key features of the Plan ..............................................................................................................	2
1.3	Frequently asked questions.........................................................................................................	2
2	Plan Rules.....................................................................................................................	3
2.1	Eligibility to participate .................................................................................................................	3
2.2	Application to participate .............................................................................................................	3
2.3	Level of participation....................................................................................................................	4
2.4	Operation of the Plan...................................................................................................................	4
2.5	Residual positive balance ............................................................................................................	5
2.6	Reinvestment Price of Shares .....................................................................................................	5
2.7	Issue of transfer of Shares ..........................................................................................................	6
2.8	Plan statements ...........................................................................................................................	6
2.9	Variation of participation ..............................................................................................................	7
2.10	Termination of participation .........................................................................................................	7
2.11	Participating Shareholder's costs ................................................................................................	8
2.12	Administration ..............................................................................................................................	8
2.13	Variation, suspension and termination ........................................................................................	8
2.14	Taxation .......................................................................................................................................	9
2.15	Participating Shareholders to be bound ......................................................................................	9
2.16	Governing law..............................................................................................................................	9
2.17	Interpretation................................................................................................................................	9
2.18	Set off ..........................................................................................................................................	9
3	Glossary.......................................................................................................................	10

Teaminvest Private Group Limited | Dividend Reinvestment Plan

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1 Background and frequently asked questions

1. Introduction
   This document sets out the terms and conditions of the Teaminvest Private Group Limited (Company) dividend reinvestment plan (Plan). Broadly, this Plan will allow shareholders of the Company (Shareholders) to elect to reinvest all or part of any dividend paid by the Company into new and additional fully paid ordinary shares (Shares) as opposed to receiving the value of the dividend in cash.
2. Key features of the Plan
   The key features of the Plan are as follows:

	Feature			Description
	Participation		Participation in the Plan by Shareholders is voluntary.
	Participation may occur on		A Shareholder may have all or any part of their holding
	a partial basis		participate.
	Participation is variable		Shareholders who elect to participate in the Plan
				(Participating Shareholders) can withdraw or vary their
				participation at any time.
	Plan Broker		Participating Shareholders are not required to appoint a broker
				or personally pay any fees, brokerage or other transaction costs
				for Shares issued or transferred under the Plan.
	Ranking of Plan Shares		All Shares issued under the Plan will rank equally with the
				Company's existing Shares.
	Discounts may be available		Under the Plan, Shares may, at the Board's discretion, be
				issued or transferred at a discount to the prevailing market
				price of the Shares.
	Premiums may be payable		Under the Plan, Shares may, at the Board's discretion be issued
				or transferred at a premium to the prevailing market price of
				the Shares.
	Communications		For Participating Shareholders, a statement containing the
				details of their participation including, but not limited to, the:
				(a)	amount of final dividend paid; and
				(b)	number of Plan Shares issued,
				will be dispatched as soon as practicable after the date in
				which a dividend has been paid.
	Plan Rules		The Plan will be governed and operated in accordance with the
				rules of the Plan set out in section 2 of this document (Plan
				Rules).

1.3 Frequently asked questions

Am I eligible to participate in the Plan?

All Shareholders with a registered address in Australia and New Zealand are eligible to participate in the Plan. Further details regarding eligibility are contain in the Plan Rules below.

How do I participate in the Plan?

Shareholders who wish to voluntarily participate in the Plan should either:

1. complete and sign a Plan Election Form and send it to the Registry; or
2. make an Online Election on the Registry website.

Teaminvest Private Group Limited | Dividend Reinvestment Plan

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What if I have more than one registered holding?

Shareholders with multiple holdings will need to lodge a separate application for each holding that they wish to participate in the Plan.

Do all of my Shares have to participate in the Plan?

Shareholders may choose to participate in the Plan on either a full or partial basis.

Can I change my level of participation in the Plan?

Yes, a Shareholder may change their level of participation in the Plan by submitting a new Plan Election Form or Online Election.

Is there a minimum or maximum level of participation?

The Board may specify a minimum or maximum level of Shares that may participate in the Plan.

When will my participation in the Plan begin?

Shareholders will be deemed to participate in the Plan on the first Dividend Record Date after they have submitted a valid application to participate under the Plan Rules.

How much does it cost to participate in the Plan?

To the maximum extent permitted by law, the Company will pay any brokerage, commission or other transaction costs for Shares that you acquire under the Plan.

How many Shares will I receive?

The number of Shares to be issued will be calculated by dividing the amount of any Dividend (less any deductions set out in the Plan Rules) by the Reinvestment Price of the Shares.

How is the Reinvestment Price determined?

The Reinvestment Price will be set by the Board and announced at the same time as the relevant dividend is declared.

Can the Plan be changed or terminated?

The Company may vary, suspend, recommence or terminate the Plan at any time.

2 Plan Rules

1. Eligibility to participate
2. 1. Participation in the Plan by Shareholders is subject to these Plan Rules.
   2. Participation in the Plan by Shareholders is optional and not transferable.
   3. Any Shareholder whose registered address is in Australia or New Zealand, and any other jurisdictions as determined by the Board from time to time, is eligible to participate unless otherwise excluded under this rule 2.1.
   4. A Shareholder is solely responsible for obtaining any government or regulatory approvals or consents necessary for that Shareholder to participate or be considered eligible to participate in the Plan.
   5. The Board may, at its sole discretion, refuse a Shareholder's participation and suspend or withdraw any amount of their Shares from participation or from continuing to participate where that Shareholder's participation would or may be impracticable, impossible or illegal.
3. Application to participate
4. 1. An eligible Shareholder who wishes to participate in the Plan must complete, sign and lodge with the Company's Registry, the Plan Election Form prescribed by the Board from time to time or by making an Online Election on the Registry's website.
   2. For an application in respect of a joint shareholding to be valid, each of the joint Shareholders must sign a single Plan Election Form.

Teaminvest Private Group Limited | Dividend Reinvestment Plan

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