KSS Information Memorandum 2021

Key Undertakings •

General Purpose Audited Accounts within 120 days from balance date and Semi-annual Management Accounts within 60 days of half year end Compliance certificate at the time of providing Accounts and Management Accounts and signed by CFO and a Director or 2 Directors Hedging to be consistent with Hedging Policy as determined by the Board from time to time Sam Kennard or his estate (if applicable) ceases to own (directly or indirectly) 25% or more of the shares in the Company unless the Lenders have given their prior written consent (such consent not to be unreasonably withheld or delayed).

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Valuations - One third of the portfolio is valued each year.

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Disposal >7.5% of Total Portfolio Value in any Financial Year

PPSA:

Standard Clauses for Agreements of this nature

Waterloo NSW

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