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Sunshine Coast Community Financial

Services Limited

ANNOUNCEMENT

Revaluation of Assets

Sunshine Coast Community Financial Services Limited advises that its Board of Directors approved a revaluation of its property assets during a Board Meeting on Monday 26th July 2021.

Based of professional advice provided by Herron Todd White, on 28th June 2021, it was agreed to revalue properties at 36 Maple Street, Cooroy, and 114 Poinciana Ave, Tewantin.

Valuations adopted follow conservative banking industry protocols, which has resulted in an increase in property asset values of $595,000 which will be reflected in the 2021 Annual Financial Year Report.

The new valuations represent approximately $0.35 per issued share.

Patricia Radge

Company Secretary

Sunshine Coast Community Financial Services Limited

Head Office 114 Poinciana Avenue, Tewantin QLD 4565 bendigosunshinecoast@gmail.com bendigobank.com.au

ABN 12 100 576 261 Bendigo and Adelaide Bank Limited ABN 11 068 049 178, AFSL 237879 A1406582, OUT_1109035, 15/03/2020

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Sunshine Coast Community Financial Services Ltd. published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 06:49:03 UTC.