Alternative Investment Trust : Notice of Extraordinary General Meeting/Proxy Form

For personal use only

Columbus Investment Services Ltd

as responsible entity for Alternative Investment Trust ARSN 112 129 218 ASX Code: AIQ (AIQ)

ASX ANNOUNCEMENT

30 June 2022

AIQ Notice of Extraordinary General Meeting

Please find attached the AIQ Notice of Extraordinary General Meeting

Authorised for release by Columbus Investment Services Limited ACN 095 162 931 AFSL 221183

(Responsible Entity), the responsibility entity of the Alternative Investment Trust, and Warana Capital Pty Limited ACN 611 063 579 AFSL 493579, the investment manager of AIQ.

For additional information on AIQ, including the latest fact sheet, please refer to www.thealternativeinvestmenttrust.com

For any enquiries please contact the Responsible Entity on 02 8277 0000.

Columbus Investment Services Limited ABN 69 095 162 931 AFSL 221183 Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000

1. [phone] • F: [phone] •www.oneinvestment.com.auPostal Address • PO Box R1471, Royal Exchange NSW 1225

For personal use only

Notice is given that an Extraordinary General Meeting of Unitholders (Meeting) of Alternative Investment Trust (ARSN 112 129 218) (AIQ) to be hosted as an person meeting at:

Date:Friday 29 July 2022

Time:11.00am (Sydney time)

Venue: Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000

Dear Unitholder

Notice of Extraordinary General Meeting

The full Notice of Extraordinary General Meeting (EGM) which sets out the Agenda (including details of the resolutions being put to the meeting) and an Explanatory Memorandum can be found at www.thealternativeinvestmenttrust.com.

Accordingly, Columbus Investment Services Limited (Responsible Entity) in its capacity as the responsible entity of Alternative Investment Trust (AIQ) is pleased to provide Unitholders with the opportunity to attend and participate in the Meeting at Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000.

Instructions for attending are below.

Attendance in person

The Meeting will be held in person at Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000. The Responsible Entity will comply with all Government restrictions and requirements for social distancing in place at the time of the meeting in respect of any persons who seek to attend the Meeting.

The Responsible Entity will advise if any changes to Government restrictions may impact the Meeting location or other arrangements regarding the EGM.

Further Information

Please refer to the full Notice of Meeting for further important information.

Proxy Lodgements

Unitholders who choose to lodge a proxy should follow instructions on their personalised proxy form (enclosed), to be submitted to Link Market Services, being AIQ's unit registry by 11:00am (Sydney time) Wednesday, 27 July 2022 online at www.linkmarketservices.com.au or by post to C/- Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Australia or by hand during business hours (Monday to Friday, 9:00am- 5:00pm) to 12 Darcy Street, Parramatta NSW 2150.

Yours sincerely

Frank Tearle Director

Columbus Investment Services Limited As Responsible Entity for AIQ

30 June 2022

Columbus Investment Services Limited ABN 69 095 162 931 AFSL 221183

Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000

1. [phone] • F: [phone] •www.oneinvestment.com.auPostal Address • PO Box R1471, Royal Exchange NSW 1225

For personal use only

Alternative Investment Trust (ARSN 112 129 218)

ASX Code: AIQ

Notice of Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of the Unitholders of the Alternative Investment Trust (ARSN 112 129 218) (Trust or AIQ) will be held at Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000 on 29 July 2022 at 11am (Sydney time) (Meeting).

This Notice of Meeting and Explanatory Memorandum is issued by Columbus Investment Services Limited (ACN 095 162 931) (Columbus or Responsible Entity) in its capacity as the responsible entity of AIQ.

The Explanatory Memorandum to this Notice of Meeting provides additional information on matters to be considered at the Meeting. The Explanatory Memorandum and Proxy Form forms part of this Notice of Meeting and should be read in their entirety.

Unitholders are urged to vote by returning a completed Proxy Form or, subject to Government restrictions, attending the Meeting in person. Instructions on how to complete a Proxy Form are set out in the Explanatory Memorandum.

Terms and abbreviations used but not otherwise defined in this Notice of Meeting and the Explanatory Memorandum are defined in section 8 of the Explanatory Memorandum.

Business of Meeting

Resolution 1 - Unit Consolidation

To consider, and if thought fit, to pass the following as an ordinary resolution:

"That approval is given to consolidate the issued capital of the Trust on the basis one (1) unit for every ten (10) units currently held on the terms and conditions set out in the Explanatory Memorandum."

Resolution 1 is an ordinary resolution. This means that Resolution 1 will be passed if more than 50% of the votes cast by Unitholders of AIQ entitled to vote on Resolution 1 and present at the Meeting (either in person or by proxy) are cast in favour of Resolution 1.

Resolution 2 - Approval for the conditional placement to entities related to the Investment Manager

To consider, and if thought fit, to pass the following as an ordinary resolution:

"That approval is given for the purposes of Listing Rule 7.4 and for all other purposes to issue 3,954,545 units to entities related to the investment manager on the terms and conditions set out in the Explanatory Memorandum."

Resolution 2 is an ordinary resolution. This means that Resolution 2 will be passed if more than 50% of the votes cast by Unitholders of AIQ entitled to vote on Resolution 2 and present at the Meeting (either in person or by proxy) are cast in favour of Resolution 2.

Page 1

For personal use only

Voting Exclusion

The Responsible Entity will disregard any votes cast on Resolution 2 by or on behalf of:

• the Investment Manager; and
• an associate of the Investment Manager.

However, the Responsible Entity need not disregard a vote if:

• it is cast by a person or proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; and
• it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

Resolution 3 - Approval of issue of Units

To consider, and if thought fit, to pass the following as an ordinary resolution:

"That the issue of approximately 25.1 million units issued by the Trust, on the terms and conditions as summarised in the Explanatory Notes to this notice, is ratified for all purposes, including for the purpose of ASX Listing Rule 7.4."

Resolution 3 is an ordinary resolution. This means that Resolution 3 will be passed if more than 50% of the votes cast by Unitholders of AIQ entitled to vote on Resolution 3 and present at the Meeting (either in person or by proxy) are cast in favour of Resolution 3.

Voting Exclusion

The Responsible Entity will disregard any votes cast on Resolution 3 by or on behalf of any Unitholder who participated in the issue of new units.

However, the Responsible Entity need not disregard a vote if:

• it is cast by a person or proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; and
• it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

Resolution 4 - Approval for entities related to the Investment Manager be entitled to underwrite

the distribution reinvestment plan

To consider, and if thought fit, to pass the following as an ordinary resolution:

"That approval is given that entities related to the Investment Manager be entitled to underwrite up to two distributions under the terms of the distribution reinvestment plan on the terms and conditions set out in the Explanatory Memorandum."

Page 2

For personal use only

Resolution 4 is an ordinary resolution. This means that Resolution 4 will be passed if more than 50% of the votes cast by Unitholders of AIQ entitled to vote on Resolution 4 and present at the Meeting (either in person or by proxy) are cast in favour of Resolution 4.

Voting Exclusion

The Responsible Entity will disregard any votes cast on Resolution 4 by or on behalf of:

• the Investment Manager; and
• an associate of the Investment Manager.

However, the Responsible Entity need not disregard a vote if:

• it is cast by a person or proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; and
• it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

Resolution 5 - Approval for Related Party loans

To consider, and if thought fit, to pass the following as an ordinary resolution:

"That approval is given to enter into short term related party loans with entities related to the Investment Manager on the terms and conditions set out in the Explanatory Memorandum."

Resolution 5 is an ordinary resolution. This means that Resolution 5 will be passed if more than 50% of the votes cast by Unitholders of AIQ entitled to vote on Resolution 5 and present at the Meeting (either in person or by proxy) are cast in favour of Resolution 5.

Voting Exclusion

The Responsible Entity will disregard any votes cast on Resolution 5 by or on behalf of:

• the Investment Manager; and
• an associate of the Investment Manager.

However, the Responsible Entity need not disregard a vote if:

• it is cast by a person or proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; and
• it is cast by the person chairing the Meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

Page 3