The loan notes (the Notes) to be issued represent a loan commitment of up to AUD 26,515,286. The Underwriter has agreed to initially subscribe for the issued Notes on 31 July 2026 and will offer the loan notes pursuant to the agreement. That provision provides an exemption from Australian interest withholding tax in relation to interest paid on the loan notes to non-Australian noteholders. Purpose The proceeds of the issue of the Loan Notes will be used by the Issuerto fund the purchase of the property and development costs. Settlement Date 31 July 2026 Term 6 months from the settlement date Type of Instrument Senior Loan Notes Issue amount AUD 26,515,286 (progressively drawn and inclusive of interest).