16 December 2020

Update to market regarding section 444GA application

As announced on 2 December 2020, the Deed Administrators of The PAS Group Limited (Subject to Deed of Company Arrangement) (ASX:PGR) (PGR) have applied to the Federal Court of Australia pursuant to section 444GA of the Corporations Act 2001 (Cth) for leave to transfer the shares in PGR to PAS Group International Pty Ltd.

The final hearing of the Deed Administrators' application will occur at 9am on Friday 18 December 2020 and will take place remotely.

Any member of the public who would like to attend or listen to the remote hearing should refer to the Victorian Daily Court List for Friday 18 December 2020 for information as to how to members of the public may observe the hearing. The list can be accessed from the Federal Court of Australia website at https://www.fedcourt.gov.au/court-calendar/daily-court-lists/vic.

This announcement has been approved for release by the Deed Administrators.

-End-

For further information, please contact:

Matthew Mahon, RoyceComm, 0413 101 860 or matthew@royce.com.au

Alexander Baranikow, RoyceComm, 0438 838 322 or alexander@royce.com.au

17 Hardner Road, Mt Waverley Vic 3149 AUSTRALIA Tel +61 3 9902 5555 Fax +61 3 9902 5500 www.thepasgroup.com.au ACN 169 477 463

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PAS Group Limited published this content on 16 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2020 01:36:00 UTC