QEX Logistics Ltd (“QEX”) – Late Annual Report Notification

Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 30 June 2021 Subject: QEX Logistics Limited ("QEX") - Late Annual Report Notification Message: NZ RegCo advises that QEX Logistics Limited ("QEX") has not released its annual report for the period ending 31 March 2021 which, under NZX Listing Rule 3.6.1 was due to be released through MAP on or before 30 June 2021. Pursuant to section 3 of NZX's Guidance Note on Trading Halts and Suspensions, NZX's usual practice is that if an Issuer has not issued its annual report within 5 business days of the due date, trading of that Issuer's securities will be suspended until the Issuer has issued its annual report. NZ RegCo notes, in the present case, that QEX is currently suspended. NZ RegCo suspended the trading of QEX ordinary securities on 18 February 2021 due to QEX having no independent directors which is a requirement under Listing Rule 2.1.1. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00374870 For:QEX Type:MEMO Time:2021-07-01 08:30:16