Date: Wednesday, 17 September 2025
PARTICIPANT CHANGE NOTICE
- Introduction
Capitalised expressions have the meanings given to them in the ASX Settlement Operating Rules.
Third Party Platform Pty Limited trading as Desktop Broker (ABN 74 121 227 905, AFSL 314341) (PID 2552) (hereafter referred to as Third Party Platform), the existing Controlling Participant of your Participant Sponsored Holdings, gives notice under Rule 7.1.10 of the ASX Settlement Operating Rules of its intention to change the Controlling Participant for your Participant Sponsored Holdings to Openmarkets Australia Limited (trading as, Openmarkets) (ABN 38 090 472 012, AFSL 246705) (PID 1137), the proposed new Controlling Participant for your Participant Sponsored Holdings.
You are under no obligation to agree to a change of Controlling Participant.
- Novation of Sponsorship Agreement
You may choose to do either of the following:
(a) Terminate your Sponsored Agreement by giving Withdrawal Instructions.
You may give Withdrawal Instructions under the ASX Settlement Operating Rules to the existing Controlling Participant indicating whether you wish to:
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- transfer your Participant Sponsored Holdings to another Controlling Participant; or
- transfer your Participant Sponsored Holding to one or more Issuer Sponsored Holdings.
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Your Sponsorship Agreement will then be terminated in accordance with Rule 7.1.11(d) of the ASX Settlement Operating Rules and your Participant Sponsored Holding will be transferred either to another Controlling Participant or to one of more Issuer Sponsored Holdings, depending on the instructions you give.
(b) Take No Action.If you take no action (i.e. you do not take any action to terminate your Sponsored Agreement in accordance with (a) above, and do not give any other instructions to the existing Controlling Participant which would indicate that you do not agree to the change of existing Controlling Participant) then, on or after October 24th 2025 (Effective Date), your Sponsorship Agreement will have been taken to be novated to the new Controlling Participant and will be binding on all parties as if, on the Effective Date:
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- the new Controlling Participant is a party to your Sponsorship Agreement in substitution for the existing Controlling Participant;
- and rights of the existing Controlling Participant are transferred to the new Controlling Participant; and
- the existing Controlling Participant is released by you from any obligations arising on or after the Effective Date.
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- Next steps
If you take no action, please review the enclosed Notice from, Openmarkets, (the new Controlling Participant) to act as the new Controlling Participant for you. You will be taken to have consented to the novation by the doing of any act which is consistent with the novation of the Sponsorship Agreement to Openmarkets, on or after the Effective Date, and such consent will be taken to be given as of the Effective Date.
The existing Sponsorship Agreement continues for the benefit of the existing Controlling Participant in respect of any rights and obligations accruing before the Effective Date and, to the extent that any law or provision of any agreement makes the novation not binding or effective on the Effective Date, then the Sponsorship Agreement will continue for the benefit of the existing Controlling Participant until such time as the novation is effective, and the existing Controlling Participant will hold the benefit of the Sponsorship Agreement (to the extent it relates to a holding transferred to the new Controlling Participant) on trust for the new Controlling Participant.
Third Party Platform Pty Ltd trading as Desktop Broker
Contact Details:
GPO Box 1630
Sydney NSW 2001
Contact details: support@desktopbroker.com.au
1300 726 177
OpenMarkets Australia Limited
Consent to act as new Controlling Participant to be provided by Openmarkets