Capital Change Notice

Black Pearl Group Limited has issued shares in accordance with its pre-listing employee share rights scheme in consideration for their specified periods of services. A capital change notice detailing this allotment is attached. Karen Cargill Chief Financial Officer karen.cargill@blackpearlmail.com 021 135 518 End CA:00410158 For:BPG Type:SECISSUE Time:2023-04-19 16:35:47