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Form 603 - ASX · Form 603 Cipo€onsAct 2001 Section 6718 Notice of Inlnal substantial holder...

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From:Clly-ton Utz To:01300138835 31/08/2018 10:10 *170 P.001/013 In Corrpmy Name/Sch,rn, ACNIARSM 1. Dildi d oubb-1 hold,r (1) Form 603 Cipo ons Act 2001 Section 671 8 Notice of Inlnal substantial holder 86„ordi Group Lh-d 143841 801 603 pigi 1/2 16 Jdy 2001 Tar**1 Aultr,la Pty Lki ACN 007 430 187 ATF J,INI Frinc l Roche Famly Tru,t Rochi Holdip Pty Ud ACN 007 046 040 SR Rlildirti/ Pty LId MON 014 474 940 AOUNUNm,opicili) Th holderb =n .,ub 1,1 hold,ron 304*2018 1 *lills d **Wpon.r The 1- nl.b•r of .....bl to al the ZMO... I m. 9.pu## . r,• h m. /.1 mat th...m. hold cr m mlociab I hid a r-vant Mit (3) in m thi dat, thi Iubs[ 01 hold,r bioir,- a *bi,ad hold,r n m Clll of Ile, il (4) ru <=O,11,8 P„,0,1,8 -8 (6) Vdkupoaw ® 4134895 84138,896 39.03% 3·0 Ills Of Ilimit h-,Ii Thl nlan al 018 illevmt Int,ret 0- allb• hold•r orm =1001- hid Iii 1*I *lo*W voth leailll= on the d-the linitiI- holl blcm•rl a n.*IlliVI holdir I = lomoil: Had= diwi,#It w.,w T=cvh) Aus * Pty Lki ACN 430 087 ATF J nis Frmc Roche Fmlly Tr-t Roch, Holdql Pty Ltd ACN 007 046040 BR R=Idar,tial Pty Lid ACN 8 474 840 Nln of,le'#'11 inl'll' 0 097 A deerned relei*lit MIW Iiall und= =olon X8(1)ofthe Co,poiljii M =a /.1/ 1 -'Mil- hok s.'IN M thl Joll Bld NI,Ii=,2 -ched = Annioan A to 8111 notio, A deem,d,ls,wA 1 1 -1 undir Iallon608(1)ofthi Corpor on,Act-a.-Id the Subil -1 hold,ra irey blo the Jo Bid 4,/11.,1,itioh,d = Armon A lo 0* pllci 14 A diI,14 relid Inlait i,Im l,Idersection 000(1) of tile Co,porano,= Act i a I.,1 d thi Jo. Nd Aore,m,r - d m A -n A lo Ihii nalai 4 Nlill of pillil lai Irld hold,ii Thl pllsons Il llirid = holderl of the lecu,1lll H-rof relmirt Il."./. T==430 087 A J.In- Frmats Rooti Finly Trult Rocio Hol ip Pty Lai ACN 007046040 SR Rsildirll l Pty Ud ACN 614 474 949 .-/dr d- 60,138,806 66,134896 54138,896 Ilrfed to l i p=graph 3 -,8 0re I IOlowi: .Av* =„ .-d lo be C],=and n ber MI* al holdir (8) cf e,aill b=* CI.I dli PW 8 onds Cusladlii ly Ud ACN 050 199 365 Ul ACN 050 199 365 4580,004 Ally peld ATFG=,Sbnonds No 1 ATF Wiy 8bnond, No 1 or*-y Iliois Fiily Tlut Pm*Tut 8 ond Cullo Pm mnonds 1,0- Pm Ud ACN 060 199 366 Ud ACN 060 190 386 9,840,006 Ally paki ATF -y 8*nor- No 2 ATFGay 8*nor,ds No 2 or*»ry,her= FI,* T,ust F** Trust Rnond Cu1 0-8 My Shnonds - ans PN Ud ACN 060 199 366 Ud ACN 050 199 386 16.400,010 fuly pild ATF 0.18hnonds No 3 ATF Gly 861=,ds No 3 adhly sh,". .=242:1- m.222L. Pty LI ACN 137 871 982 ATF 8,nonds Honl./ DI,cr,Uolly Pty Ul ACN 137 871 0822 ATF SI„,onde 21,486,018 1* p,11 Honm DII„agn„y = od-y,Mu Thilt Mlallgn COIllilligl<Oll Madllmil C,lll ililiall Ply Ud ACN 141 838 Pty Ud ACN 141 838 1,672,678 11* pakt 726 ATF M,0-on 728 A.4...m or*»ly KI". Homle Trult Hon- nult VI,hi- Gay 01,0„I V Giy n,Ionl f:62:59:/:r 1 1 1 1 t For personal use only
Transcript

From:Clly-ton Utz To:01300138835 31/08/2018 10:10 *170 P.001/013

In Corrpmy Name/Sch,rn,

ACNIARSM

1. Dildi doubb-1 hold,r (1)

Form 603Cipo ons Act 2001

Section 6718

Notice of Inlnal substantial holder

86„ordi Group Lh-d

143841 801

603 pigi 1/2 16 Jdy 2001

Tar**1 Aultr,la Pty Lki ACN 007 430 187 ATF J,INI Frinc l Roche Famly Tru,tRochi Holdip Pty Ud ACN 007 046 040SR Rlildirti/ Pty LId MON 014 474 940

AOUNUNm,opicili)

Th  holderb =n  .,ub  1,1 hold,ron 304*20181 *lills d **Wpon.rThe 1- nl.b•r of .....bl to al the ZMO... I m.  9.pu##. r,•  h m. /.1  mat th...m.hold  cr m mlociab I hid a r-vant Mit (3) in m thi dat, thi Iubs[ 01 hold,r bioir,- a *bi,ad hold,rn m

Clll of Ile, il (4)  ru<=O,11,8 P„,0,1,8 -8 (6) Vdkupoaw®4134895 84138,896 39.03%

3·0 Ills Of Ilimith-,Ii Thl nlan al 018 illevmt Int,ret 0- allb•  hold•r orm =1001- hid Iii 1*I *lo*W voth  leailll= on the d-thelinitiI- hollblcm•rl a n.*IlliVI holdirI = lomoil:

Had= diwi,#It w.,wT=cvh) Aus * Pty Lki ACN

430 087 ATF J nis Frmc Roche Fmlly Tr-t

Roch, Holdql Pty Ltd ACN 007046040

BR R=Idar,tial Pty Lid ACN 8474 840

Nln of,le'#'11 inl'll'0097 A deerned relei*lit MIWIiall

und= =olon X8(1)oftheCo,poiljiiM=a /.1/1-'Mil- hok s.'IN Mthl Joll Bld NI,Ii=,2 -ched

= Annioan A to 8111 notio,A deem,d,ls,wA 1 1 -1

undir Iallon608(1)ofthiCorpor on,Act-a.-Id

the Subil -1 hold,ra irey blothe Jo  Bid 4,/11.,1,itioh,d

= Armon A lo 0* pllci14 AdiI,14 relid Inlait i,Im

l,Idersection 000(1) of tileCo,porano,= Acti a I.,1d

thi Jo. Nd Aore,m,r - dm A -nA lo Ihii nalai

4 Nlill ofpillil lai Irld hold,iiThl pllsons Il llirid = holderl of the lecu,1lll

H-rof relmirtIl."./.

T==430 087A J.In-Frmats Rooti Finly Trult

Rocio Hol ip Pty Lai ACN007046040

SR Rsildirll l Pty Ud ACN614 474 949

.-/dr d-

60,138,806

66,134896

54138,896

Ilrfed to l i p=graph 3 -,8 0re I IOlowi:

.Av*  =„.-d lo be C],=and n berMI* al holdir (8) cfe,aill

b=*CI.I dli  PW 8 onds Cusladlii lyUd ACN 050 199 365 Ul ACN 050 199 365 4580,004 Ally peld

ATFG=,Sbnonds No 1 ATF Wiy 8bnond, No 1 or*-y IlioisFiilyTlut Pm*Tut

8 ond  Cullo  Pm mnonds  1,0- PmUd ACN 060 199 366 Ud ACN 060 190 386 9,840,006 Ally paki

ATF -y8*nor- No 2 ATFGay 8*nor,ds No 2 or*»ry,her=FI,*T,ust F** Trust

Rnond  Cu1 0-8 My Shnonds- ans PNUd ACN 060 199 366 Ud ACN 050 199 386 16.400,010 fuly pild

ATF 0.18hnonds No 3 ATF Gly 861=,ds No 3 adhly sh,".

.=242:1- m.222L.Pty LI ACN 137 871

982 ATF 8,nondsHonl./ DI,cr,Uolly

Pty Ul ACN 137 8710822 ATF SI„,onde 21,486,018 1* p,11

Honm DII„agn„y = od-y,MuThilt

Mlallgn COIllilligl<Oll Madllmil C,lll ililiallPly Ud ACN 141 838 Pty Ud ACN 141 838 1,672,678 11* pakt726 ATF M,0-on 728 A.4...m or*»lyKI".

Homle Trult Hon- nultVI,hi- Gay 01,0„I V Giyn,Ionl f:62:59:/:r

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From:Clly-ton Utz To·01300138638 31/08/2018 10:22 0170 P. 002/013

ic M -nTh. comid.,100,1 pa  # -ch .1,„ia I,I.,0,t ,ir d m In pm ph 3 aboM and ac**Id m the #0,110,1„,8 pdor m .dly -the.... ...em a subs  1 hold,r b .  01

Holder of r,Ilv*

*FlAl/* My LId ACN097 430 987 ATF Im=

FIBI Ro,*Fil™,tRoohi Holdhgi Ply Lid ACN

007046040BA R,819ntlil Pty Ltd ACN

014 474 948

O-ofacqul,mon

30 Ale* 2018

30 Au St 2016

30 A *2018

Con,Ider.th I Clii Ind nl nber0.80"11-

58,138,895

66,134886

08,138»6

1 Al,loolle-Ther-omthi pirsom n,med In pirigii , 3 Iboion mioclih of thi #bili,11* ho-m=foloii

Nlinl and ACNIARSN *I ZZ Nity„ d I,lod,donNR NA

7. Ad*=i=Theaddr,Ii=of pinioi= n,r,=d h thli bmim= loloit

8 nature

NziT=*hk** Ply Ud ACN 097430 967 ATF Jinls Pimcis Roche

F.til TruatRochi Holal Pty lid ACN 007

SR Rooldi,*1,1 Fty Lid ACN 814 474948

8*nondswlp , I.ki ACN080 190 365 ATF Gary Shnords No

1 P-*Tr-lSnonds Cultodlins Pty Ud ACN060 190 386 ATF G=y Shnonds No

2 F,inl, Thtmnonds Nums Ph ud ACN050 199 366 ATF (3 ymnonds No

3 Farnly Th»t8*nonds Con,tructions Pty Ud ACN

137 871 982 ATF S,nonds HornmDlig,Ill,Ilyki

Wlion Coniliuctions Ply LI ACN141 838 726 ATF Mtl,lon Homis

Th=tV Glly m,10**

Addl LIM,13. 51 8:,pti,lion ah,t Cremorne VIC 3121

Liv,13. 51 8tmphinion Street Cr,morne VIC 3121

Lml 3. 51 8 ,ph,rion Strult CA,morne VIC 3121

La,16, 570 81 Kida Roid, Miliourne VIC 3004

Le,d 6.570 8t KEd, Roed, Milbourni VIC 3004

Lail 8, 670 St Kidl Roid, Mollouni VIC 3004

Livol 6, 670 St KIda Road, *lo ne VIC 3004

1,4 6, 570 81 Igda Roid Miliourne VIC 3004

IMI 8,870 St 1(]da Roid. Miliourni VIC 3004

A ngiji J„illFuRo _,

,1,fi..

01RmCnONS

O/'lly 0*Do»r

DI 30 A** 2016

(1) If *re lia nlm*,r al =20„Il hold,I, Ilm *# or Yimld r,liv¥A II„,sts (e, a 00,00,0107 md   mliadco,porall ,0, crthe men,glrun,12,1,0 of an •qul,trulth thil-n,e could be h,0,00 h In ing,n to thi fam1 Wh .-KIN".4 aoroup of p=som =• -1.4*.,Amv. r-fed k,tl on- 0» 0   aIP.tatly n.".d group If thi mitnb„,IWP of -ch group, dih thi ni„Ii md emiia= ofminbil ID di,4 /0,1In FI*7 of the foll,L

CZ) Sl O» dlil,ililon of 'm,odillp h molon 9 d the Cotpor-nsM 2001.(3) 8= the d-Con d 'Telsiit Ilirit in Ic-» 008 and e,18(7) 0, thi Co,posill =Act 2001.

(4) The vot/9/hs=of.0.mpmycor- on. cla= U/..dwkld hb.'ll. d/".5M Thilol ruf*,rofvoli *Imchid to d the voth,g Ih = he»compin, or vathg inlire- In miach,me (0,Ill thst

the p.,son or m =scoill hm, r,1,vi,Ill,IZ h

(8) Thl pemon  vo* *Ided by Ihe Idil volosiii thi body oorpor- origherns In Nd by 100.

m Inck,de dee.1  01.(I) my rel,v* Igill„Irl or oth,r dicls,Ill,„0= by n*loh lhe r,liv=,1 &11=WI ac**,d. N =Alldion 6718(4)

000=, a eopy of -doam»nt .4 011 th.Im. of an, rel,b,rA .....dal. nd #th. "Mon0*, ml Ind acoi,nal ditals of any cor*,01, Ichinli or I/11„gimont muItacconWIM Ihil  orm, 100*111, Iima#111,1 #illam,rt clrl*IU th  cole,ct, sch,me or =T=Well=* Ind

9,) any qu-cation of e. po=of a p.2.on to .".ny.., 00,*clth..11."1.. 0  Cr 'liu„'c' U. ..."1.. of, 4.#4 /8,„ or *00•1 1 ml  0 18 ID *IM the Mlill Immet r,lit  Bunuv amly the pi,Ibi-.emill.'IM -qual"01"In  *8).

See Ihid-IMaf 'Ililia* agiI,Irlir IN Ioum 9 1 lho Coila,101,- Ad 20 .

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From:Clly-ton Utz To·01300138638 31/08/2018 10:23 0170 P. 003/013

(8) If thi *ht=*W holdir b LS,ibli to dilitmhli thi Ididly of the pison (eg. litha IWI:vi,t *r=ta,Im bicaulicfmMon) /1// 'unk,/omf.

(9) D-aD of thecon,Idelon mult hl...V.,dalbm,mi momy and othw, th 019 ".0,1*cmn oma,1-.MI,-t -0 acqi,Id hm, 0, m , blcome #mi/ torec-  in 1-lon 20 thi Ril Rlon. [»t  must bl Ild,#0Iwi Ir the berill b ooiiallioiiil on mi *p=*W or 44 0 a Ii#,gi„q. D, 18 M/ bo Midd d Iny binell p don bihil of the sub-,IW holil =  I aiiocli  h rel#I tothe acqlailions, evan Imey n not pild *ecly lo thepe on from jomm.  1,*wA--*

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From:Clly-ton Utz To·01300138638 31/08/2018 10:23 0170 P. 004/013

Joint Bid Agreement

Simonds Family Office Pty LtdSFO

Roche Holdings Pty LtdRoche

Tarquin Australia Pty LtdTarqu 

SFO Operations Pty LtdSFO Oper.Uons

Clayton Utz

Level 18 333 Colinl Str-tMilk„710 VE 3000GPO 80* 9806Mel,ourne VIC 3001DX 38481 333 Colm VICTel +61 3 9288 8000Fa -61 3 9629 8488...A.'M.U.10"

Ow rd,Ir= 1 624*18828 173727

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From:Clly-ton Utz To·01300138638 31/08/2018 10:23 0170 P. 006/013

7.

Cont»ntz

8.18.28.38.48.58.6

6.16.28.3

4.14.2

Dillnitio,Ii andI1.11.21.3

Dillnltions ..................................................................................................................

Ints,pretation ....",",.11,---------------------------------aa- *-------m... ...

Several libilty ...........m........0...'.'......'.............m... '..'...............m..............'..........., ."„1,

NIM of th* agrlili„I,It2.112 Conditions . ' . . . . . . . . . . . . . . . . . . . ' . . . . . . . . . . . . . . . . . . . . . . . . ' . . . . . . . . . . . . . . .m. .0. . . .a l.a. . ' . . . . . ' . . . . . . . .m. . . . . . ' . . . . . . . . . . . . . .

Propoud acquillion of the Targ,e3.1323.3 Bjd Expenses .......'...'....11..11..I...........1.•...1...11'..11..11..'a.mill.,„..1„.1111.1....8..................-. I.

Incorporition .............................................................................................................. -.

Tom,blationConndinS, 

Confldent Ity.............................................................................................................

•••••••••••••••••••ae•••••••••••••••••••••• ••• •••• •„i-„,eli, IiaaaBa,ae,.,.,................,....

Govemlng :IN and lurlidlclion

'...I....  "...........................0.........................................................................................

Amendrnents............,......,,.,,.,,,.....,,....,.....-/./-/..„.-/„-/,/..,/...",„„"I....-/.-/.-/- 2Further act; and documents ...................................................................................... V

1.\31 @[email protected] Jol Bid AQI=Ini,1 1

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From:Clly-ton Utz To·01300138638 31/08/2018 10:23 0170 P. 006/013

A

B.

C.

Joint Bid Agreement

Date 30 Augu  2016

Part 

Background

(C)

(d)

(a)

(b)

C I i i 1 1 ' ' .

Slmonds Fimlly ONIce Pt, Ltd ACN 602 022140 of Level 5,570 St Klida Road,Mel,oume VIC 3004 (SFO)

Roche Holdings Pty Ltd ACN 007 046 040 of Level 3,61 8#MV#,nson StreetCremorn. VIC 3121 (Reel»)

Tarquin Australia Pty Ud ACN 097 430 987 ATF James Francis Roche FarnlyTrust of Level 3, 51 S phenson Street Cremorne VIC 3121 (Tarquln)

SFO Operitions Pty Ltd ACN 614 380 822 ATF SFO Operations Trust of Level 5,570 St Klkia Road, Melbourne VIC 3004 (SFO Operations)

SFO and Its Associal,8 have a Relevant Interest In 39.0396 of the voUng shares of the Target

Rocho does not have a Relivant Interest in any voang sharel of the Target

SFO Id Roche have ggmed to johltly pursue the Proposed Transaction on the tonns andcondillons let out Inthls agreement

Operative provisions

1. Definitions and Interpretation

1.1 Definitions

Appolneor has the maanIng given In clause 4.2(a).

ASIC means the Austrahn Securities and Investments Commiselon.

A=oclat= h=themear ng given in sedons 12 and 15 of the Corporations Act

BkICo has the meaning gNen In clause 4.1(a).

Bid Expini= meons Nd party costs and dhbursemento Incurred by SFO, Roche or BldCoIn connection Mth the Propoid Transaction, including the costs -ociated with:

Incorporation of BicICo;

under*king t  accoun«ng, Mnanclal and legal due digence in rilation to theTiqet and the Propoeed Transaction;

seeldng ad ce *om th*d pail. (hclulhg professional adv'.land mund./) hrelidon to the Proposid Transaction; and

negotiaUng and prep@Mng aN documents necemary b give effect lo the PropoeedTransacljon,

and any other expenditure approved in wriang by the par  asa 'Bid Expense' for #lepurpose of this agreement but excluding any coots assoclated with thepreperation or enby by

1. 319@GANI

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From:Clly-ton Utz To·01300138638 31/08/2018 10:23 0170 P. 007/013

(k)

(m)

(n)

(0)

(f)

(g)

the parth Into this agreement orany tax, accounthig, nnanclal or legal advice which a pertymay obtain for Internal purpoees.

Bulanills Day means a day that Is not a Sabxday, Sunday or public holkiy and on,vhlchbanks are open for buslness generaly in VIctoM, Australia

Co,porations Act meens the Co,po,a#ons Act 2001 (Cth).

Propoeed Transaction means the propoied acquisiuon by SFO and Roche (or thetreepective nom inees) or Bldco of all of the 18*ued shares In N Tuget not currenl y controledby SFO or Its Assoclates by way of a scheme of arrangement pursuant to Pt 6.1 of theQcpoliljolls Act

Relat•d Body Corporate has the rn=nhg gIvi bl iect on 50 of the Corporimons Act

Rellvant Inter,st has the rnemlig gh,en In section 608 of the Corporstions Act

Target means Slmonds Group Llnlted.

In..p./tionIn th* agreement headings are for convenience only and do not iffect Ihile,pret,Bon and,unless the contrary Intention appegr

a word Importhlg Ihe singuli mudes the plural and vice ver=, and a word of mygend,r Inck:di the correeponding words of my other gender

the word kludhig orany other form of that word Is not a Mird of limitation ;

If a word orph,se *ghen addied meanlig, any other pen of speech orgrammatical form of ttit word orphrass has a correspondblg meaning;

a reference lo a pe,son liickides an  Mdual, theest- of an Mvidual, acorporalon, m auu,oilty, an aleadation or p Mes in a joint ven#,re, a par ershipand atust

a reference to a pmly hcludes that perty's Ix,cutois, admIn trElors, successorsand pormitted aedgm Incktdhg pernons takil  by way of novation Ind, in the caseof a trus*  cludes any eubilihil or addilional ligiles;

a reference b a docur nt Onck,ding this agreement) Is to that document as varied,novated, ratified orreplaced from Urne to time;

a reference 00 an agency or body if that agency orbody ceaaes to exist or breconimlited, renamed or replaced or has its powers or function removed(obiolit, body), means theagency or body which performs molt dolely thefunctions of the obsolete body;

a reference to a statull hlclud= any regullons orother killiumenes mode under R(ddigat,d 1 glsiation) and a remrence to a*11* or delegamd legliallon or aprovision of either 1,1(ludes consoidalions, amendments, re.enactments andreplacemants;

a r/erence to $ or dollu * 10 Austral#=1 cu ency;

a reference lo a d*ortime bio that dde ortlme In Melbourne, Au*,11, 

this agreement must not be con=ued adversely to a party Just because that partyprepared It or caused It to be prepared.

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From:Clly-ton Utz To·01300138638 31/08/2018 10:24 0170 P. 008/013

2.

2.1

2.2

3.3.1

(b)

Seve,al liability

1 .\..1 1, 1., 1 1

Unless otherwise agreed in v,rmng by Ihe parnes, e•ch pity =sumes Im Ilgations underthbagreement,everany, Ind nopldy •hd be, or,haM be con*ued tobe, jolnly (or jok,4and severally) liable for any obliga#on or iablity mising od of, or In connecdon with, thisagreement, the acOons of the other pody or any matber or circumstance arishig In connecdonw181 the Proposed Transaclon.

Nature of this agreementAcknov,lidgemonts

The pafel acknowledge mat this agreement does not

transfer title or o,mership of any securities Inthe Target held by eleter p ty or IlsAmociates;

confer ally control over, or po*€r to subitantially Influence, the marcise of a voengdght attached to my securties in the Target held by either party or Its Associates

(c) reitrict dlapoeal of any =curities in the Target held by elther party or Its Associ-s.

Conditions

Clauses 3 and 4 of this agreement shall be condmonal upon, and shal not become -lyblndhg onthe portlie unm, one of the blowing condvons Is satisfied:

shareholders of the Target (otherthan the pe es and the* Asioclitie) peNar=ok:tlori under Itern 7 of secaon 611 of the CorporaSons Act approving theacquisition by that pity of a Relevant Interest In the securltles held bythe otherparty,or

ASIC grants relief to the parUes under section 659 of the Corporations Act fromsedion 606 of the Corporations Actto permit thi acqulsllon by a party of aRelevant Int,rest In the =curltles held bythe other plty or Its Alioclates·

Proposed acquisition of the TargetObjec ve.

The parles agree to co-operate lii good faith and take all st,ps remonably necessary lorthepurpose oR

progressing the Propoied Trmsactkn, Including under dng Sopropr le duedmgence;

ents,Ing Into, or procurlng BldCo to enter Into, ascherne Implement,Son agreementwith the Target In respect of the Proposed Trmsacth on terms acceptable to theparil.Z

entering hlto, or pms,lng BidCo to entar Into, other agreements nece• ry lo effectthe Proposed Transaction; md

undert,kN all other acev Is v,hich the par)es agree are reasonab# necessaiy forthe purpoiI of the Propo.ed Transaction.

4019092326.2 Jola Bld  gic,Inert 3

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4.2

4.

4.1

3.2

3.3

(b)

Decision-making

All deollions in re on to the Propoeed Trmsaction which are required b be made by:

(a) SFO and Roche, must be macie by agreement between them; and

(b) BldCo, must be made byunanlmous resok,110,1 of the directors of BldCo Inaccordance with clause 4.2.

Bid Exponses

(a) All Bid Expenses Incurred by SFO, Roche or BidCo or their Relted BodiesCorporate must be borne and paid for by SFO and Roche In equal shares.

If a party makes any payment In relation to a Bid Expense (Payor), the other pertymust =sume and be reeponimle for b equal share of thi Bid Expense and muetinmed*§* ondemand bythe Payer, reDnburse Ihe Payer for i, equal shs, of theBid E)@ense

If a party lem*natss this agreement that party must,vithir, 30 Busl,iess Dlys of thed*ofbrmk,aUon pay, orre nburai Ai other party for, asappOcab , Ils equalshace of aM Bbd Expenses Incurred during the period prior to G„ dabe of terrninavonof this agreement

BidCoIncorporation

(a)

Board

As loon as poi-e aflirthed- of th  agreement, the pa,Ues wil  corporats anew entny, orprocure thetransfer of shares to SFOor Roche (or their respecth,enominees, as applicable) in anmdsthng entity (Ineither case, hereafter referred to= BidCo) for the purpose of pursubg the Propoeed Trans,IGOon on the tsrms ofthis agriement

BldCo shall beov,ned by SFO and Roche (ortheir nominees) In proportions to beagreed by the petles h wrl#19 affar thi date of thls agreement

Fich of SFOand Roche (each an Appolntor):

(1) Is entitled to appoint 3 directors to the board of BldCo; and

may, at any time by notice to BidCo md the other party, rernom anyd/ector they have appointed b the board of BldCo and appoint a direclorIn their place.

An Appolmor must gl,e writlen notice to BldCo and the other pity of theappointment or removal of a director under dause 4.2(a). Upon de*,ery of thenotice, the appointii,ent or removal tikes effect

The quorum for a meetkig of directors of BldCo Is 1 diredor nombrwatnd by SFO and1 director nominated by Roche. If a quorum Is not prelent at aboard meeung, themolt g 18 adjoumed to the Barne time and place on the next Business Day. If aquorum i not preeent e th"djourned me,Ung, the number of direc&ors Inat endance shall be taken to consmu  a quorum forthe purpoie of thle clause4.2(c).

1-\3190923282 JoN* Bld AQI",mi'*

(C)

(b)

(b)

(C)

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6.3

6.

6.1

6.2

(b)

(C)

(d)

Subjec: to clause 4.2(e), each dlroctor present and entitled to vots on a resolutionor ata mdng of dhclor, has one vote

Each director appolnl by Ae 8,1,w Appointor who is preeent and enMed bo voteon the sanie reeolulon of direclors wil be entitled tocast such number of vomion#10 reloduISon m Is equal 00 the number ofvo  (In aggregate) flch could beexercleed by al directors appointed by that Appointor, dMded by the number ofcrireckn ippoilted by thit Appointor who are actualy preient and vo ng.

(f) All d=gui ·wts at meetings of dlreclors of BidCo mult be by unanimous reloll*lori.

Termination(a) El» er plty msy, atany th·ne aRer ihe dali of ihb  reement notlf9 the olhor pldy

In v,11 ng fhat It terminales this agreenlent, Ind such l,rmllanon shall haveknmedlate effect upon recolpt of such notice by the other party.

(b) Clauses 1,3.3, 6, 7 and 8 survtw tannination of this agreement

Confidentiality

Confidentiality

Subject lo clauses 6.2 and 6.3, each party must keep the existence and terms of thissgriement cor,MdentiaL

Excip«oneA plty Ingy make any disclosure In relation to this agreement

to a prolessional adviser, financier or auditor If that person is obliged to keep theinformation cisclosed confidential;

to comply with the law, or a requirement of a regulatory body, Including the rules ofany relevant securlues =change:

to any of Its Imployees, omcers or Related Bodies Corporate to whom It Isneces-y to disclom the information; or

If the Information diclosed has come into the public domain through no fault of theparty making the d!,closure.

Public .talment»

(a)

All public statements made h connedon vAth this Breement orthe Propoied Trmsaction byeither party must be In a form and on terms agreed bythe WOes in w#W pdor 00 the maidngof such st*ment

Governing law and JurisdictionThis agreement Is governed by and must be construed accordhg lo the law applying InVictoria, Australla. Each party irrevocably:

submb lo the non-·excluslve jurlsdldon of the courts of Victorla, and the courtscompetent to determble appeals from thoie courts, #th respect b any proceedingsthat may be brought at any time relating to this agreement and

L.\319 2328.2 Jol Bld AO"Imint 5

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(d)

(8)

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(b) walves any oblection It may now or h the fut,re have to the venue of anyproceed#% Ind any dim It may now or In  10 *bre have ihit any proceedings1,ve been brought In m Incomenlent Brum, If that venue .18 within dau" 7(a).

8. General8.1 Notices

Each communication (inclucing each ndice, cor»ent, approval, request Ind demand) under orin connection with this agreement

(a) must be In writing;

(b) must be addresied m fol#94 (or as otherwlse no«Med by that party to each otherparty from Nile to Ume):

If to SFOor SFOOperations.

Address: Level 6,670 St Kilda RoadMelbourne VIC 3004

For the attention ofi Piers O rien, General Counsel

Ifto Roche or Tiqu :

Ack*ess: Level 3,51 Stephenson Streeti

Cremorne VIC 3121

For theattienton oft Jamee Rochl, Director

(C) must be signed byths Frty making it or (on that party's behalf) bythe solicitor for,or any imorney, director, secretary or autilorleed agent of, that party

(d) must bedellvered by hand or posted by prepald post to the address of theaddreilee, In accordmice ¥Ath dause 8.1(b); and

.takBn loberece ved bytheaddressee:

(  the case of prepild post) on the th d day after the date of posthg;

(1) (In the cme of deivery by hand) on delig,

but If the communlcatlon is taken to be received on a day that le not a Business Dayor almr 5.00 pm, It Is taken to be recelved ai 9.00 am on the next Business Day.

8I Amindmin. 1

Thb agreement may only be varied by adocument signed byoron behalf of each p,ty.

8.3 Fure»r acti and documents

Each party must promptly do alltUrtheracts and exacute and delver al further documents (Inform and con nt reasonably satisfactory tothat p=ty) required by law orreasonablyrequested by another pity b glve effect to this agreement

1

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8A

8.5

8.6

Co,»In"'A consent required under this  greement froma pmty may be given or withheld, ormq beg en subject to any condmons, as thst party (in h ablokrts discretion) thinks R unle= thisagreement expressly provides othen%*se.

Assignment

A perty cannot as*n, novats orotheiv se #nof,ranyof im Wlim orobl anons underthbagreement ¥Athout the pdor consent of elch other p ty.

Coun.,paill™s,greem,nt may beexecul in any number of counterparts and bythe partes onsepir* countirpirts. Each cou,1„pirt conillizitie an  glnal of INs agreement, and altogether constibits one agreemint Counuip.,ts may be del,vered via fax, emal or othertransmbon method md any counterpert 90 delvered shal be deemed to have been duly widvaldly de#vered and be valid and effect ve lor all purposes.

L\3190023282 J06* Bid Agi,Im,n!

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b.clid= m.gl.In=t

man•d forand on b•ha• 08&nond, Fam yOmci Pty110 by Its au#torlied *gutory In thipre.Inc*6f .

I j

Ff Iwne of%*ms

Slgi'/ on behe# of SFO Operations PtyLWA Oper-ns Trust by h authorised

the p,menc, of,

*14«-14* tu€.ulaAFulliofIlmi-

Ng,»d forand on behilf of Roche Holdings PtyLm by Its allhorlsed s gn ory In the pruence of:

Ful nan» of*IN

Signed for and on boh,/f of Tarquln Au,tranaPty Ltd ATF Jimes Frmcie Roche Fimly Trustby Its aumorised :Ignatory h the prelence of.

Fuliofwlbli,I

Wil,knof

*Al< 6«, 4400%04Ful ng:,» of mumod"d///bg

8/01-/M of/dho/1/0 *wA

/114<,0 4Fll ns,» of eumoi1oid 091.10,y

dom.ly

Ful nm» of au ortied *=44

Ful nimi ofauthoil,/ *I#

1.\319 2328-2 Jo// Bld /90///10// 8

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