Amendment to Scheme Implementation Deed

15 Apr 2025 01:10 CEST

15 April 2025 [Adelaide]

Clean Seas Seafood Limited (ASX: CSS) (“Clean Seas”, “CSS”, “the Company”)
refers to its announcement dated 31 March 2025 regarding entry into a Scheme
Implementation Deed (“SID”) with Yumbah Aquaculture Ltd (“Yumbah”) under which
Yumbah will acquire 100% of the shares in CSS by way of scheme of arrangement
(“Scheme”).
On 15 April 2025, Clean Seas executed an Amendment and Restatement Deed with
Yumbah that has the effect of decreasing the minimum number of Clean Seas shares
required for eligible shareholders to receive the Yumbah scrip alternative from
7,857 to 3,570 Clean Seas shares. The Amendment and Restatement Deed is
enclosed.
Clean Seas shareholders do not need to take any action at the current time. A
Scheme Booklet containing detailed information relating to the Scheme is
expected to be distributed to shareholders in May 2025.
This announcement is authorised by the Independent Board Committee of the
Company.
For further information on Clean Seas Seafood, please contact:
Rob Gratton
CEO
rob.gratton@cleanseas.com.au
+61 434 148 979

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643788_20250413 - Amendment and Restatement Deed to SID (FINAL - clean).pdf