MOSAIC BRANDS LIMITED(MOZ)

delisted for non-payment of annual listing fee under Listing Rule 17.15

we understand the company failed and has not paid the annual listing fee

The company faced trading suspension on August 22, 2025, for failing to pay annual listing fees by August 21, 2025. The entity did not pay its annual listing fees for the year ending June 30, 2026.

Entities with securities suspended for over three months must lodge periodic reports, meet a 1 year deadline for the oldest outstanding report, and execute plans for resuming trading to ASX's satisfaction. Failure to meet deadlines results in removal from the official list.

Kathryn Evans, Kate Warwick, David McGrath and Vaughan Strawbridge were appointed the Joint and Several Liquidators of the company.

A notice of the Reconvened Second Meeting has been issued to creditors for Tuesday 1 July 2025 at 2:00PM Australian Eastern Standard Time (AEST).

On 20 June 2025, the Administrators held a second meeting of creditors to decide the future of the Companies. No Deed of Company Arrangement was received, and the meeting was adjourned for 15 days.

The Administrators have released a report to creditors of Mosaic Brands Limited, dated 13 June 2024, stating that it is in the creditors' interests for the companies to be placed into liquidation. The report is available for download from the FTI Consulting Creditor's Portal. The Second Meeting of creditors is scheduled for Friday, 20 June 2025, with registration starting at 1:45pm (AEST) and the meeting starting at 2:00pm (AEST).

Entities that have been suspended for more than three months due to their unfiled periodic reports, along with the oldest overdue report deadline and their two-year deadline for trading plans, will be removed from the official list if these conditions are not fulfilled.

The company releases a circular to creditors and employees. The company's businesses were unable to be sold, leading to stores likely closing by mid-April 2025. Employees are expected to be paid in full, but the timing is unknown. Unsecured creditors, including suppliers and landlords, will not be able to pay debts before October 28, 2024. Funds may be available if the group is placed into liquidation or if a deed of company arrangement is proposed.

The company will wind down all stores in the coming months, with operations expected to cease by the end of April 2025. The remaining brands will result in the closure of 388 stores and directly impact 1,583 employees, despite all efforts made to sell any brands.

The entities suspended for over three months failed periodic reports, the oldest outstanding report deadline, and their 2 year deadline for trading plans. If not met, they will be removed from the official list, usually after the first trading day.

The company plans to close 160 stores and redundant 480 staff, reducing costs and improving working capital.

The company defers financial reporting obligations for six to 24 months, excluding full year accounts for June 2024.

Vaughan Strawbridge, Kathryn Evans, Kate Warwick and David McGrath of FTI Consulting has been appointed as Joint and Several Administrators of the Group on 28 October 2024.

The company plans its Annual General Meeting on 27 November 2024, with director nominations due by 9 October 2024, as per ASX listing rules.

The company has attached the terms of variation for its Convertible Note Trust Deed and quoted Convertible Notes, approved by Convertible Note Holders at a Noteholder meeting.

The holders of convertible notes in the Company passed the resolution in the Notice of Meeting at the Extraordinary General Meeting of noteholders held at 11.00am 30 September 2024 (AEST). The resolution was carried by way of a poll.

Mosaic is continuing to finalise its FY24 Annual Results. Mosaic will lodge its appendix 4E and audited annual financial report once they are finalised. The delay is due to events after the reporting period, which will impact the disclosures accompanying the audited results. Mosaic has made considerable progress over the past few weeks to accelerate its plan to re-align and simplify its operations. This includes rationalising the Group's brand and store portfolio, with a view to reducing costs and improving its working capital position. Mosaic CEO Erica Berchtold said the Group would rationalise its brand portfolio as part of driving simplification across the business and focusing resources. As part of the Focus on Core plan, Mosaic will exit the Rockmans, Autograph, Crossroads, W.Lane and BeMe brands, including all stores and websites. The Group will now capitalise on and invest in its Millers, Noni B, Rivers and Katies brands, along with a standalone online Mosaic marketplace.

NOTICE is given that an Extraordinary General Meeting of the Noteholders of Mosaic Brands Limited ACN 003 321 579 will be held at 11.00am (Sydney time) on 30 September 2024 as an online only meeting.

The securities of the company will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Monday, 2 September 2024, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office on Friday, 30 August 2024, and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

The suspension of trading in the securities of Mosaic Brands Limited will be lifted immediately following the release by MOZ of an announcement regarding its capital raising.

The company releases a Capital Raise Presentation.

The securities of Mosaic Brands Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of MOZ, pending the release of an announcement regarding a proposed capital raising

name changed from Noni B Limited