PACIFIC CURRENT GROUP LIMITED DISCLOSURECurrent Reports (8-K / ad hoc)

Strategic Review Update

Tacoma // Sydney Page 1 of 2 Pacific Current Group (ABN 39 006 708 792) Quay Quarter Tower, Level 3, 50 Bridge Street, Sydney NSW 2000 www.paccurrent.com Tel: +61 2 9000 1939 ASX ANNOUNCEMENT Sydney, 7 September 2026 Strategic Review Update Further to Pacific Current's recent announcement of 27 August 2026 and recent media articles, Pacific Current Group Limited (ASX:PAC) (Pacific Current) advises that in May 2026 it received a confidential non-binding conditional indicative proposal from Roc Partners (Roc), an unlisted company. The proposed transaction was preliminary, conditional and speculative. It contemplated differential consideration among shareholders and was largely funded from PAC's own cash assets. Pacific Current considered the indicative proposal but, as promptly advised to Roc at the time and again last week, decided not to progress the proposal on the basis that, among other matters, the cash consideration (largely funded by Pacific Current's own assets) was below Pacific Current's assessment of fair value for Pacific Current and as the proposed scrip rollover structure would have resulted in different economic outcomes for shareholders depending on whether they were able to participate in the Roc scrip consideration. Pacific Current also advised Roc that Pacific Current would be open to considering revised proposals that provided all Pacific Current shareholders with cash consideration at a value that Pacific Current believed was fair. Pacific Current repeated this invitation last week in writing to Roc. As of this date, Roc has not submitted a revised indicative proposal for Pacific Current. Pacific Current is progressing its strategic review, which includes an assessment of the River Capital proposal. A summary of the River Capital proposal was included in its announcement of 27 August 2026, and includes the potential issue of Pacific Current shares to River Capital as consideration for the acquisition of River Capital at $13.00 per Pacific Current share. As part of its strategic review, Pacific Current is open to engaging with all bona fide expressions of interest that have the potential to optimise value for all Pacific Current shareholders. Any such expressions of interest should be directed to Flagstaff Partners, Pacific Current's financial adviser in respect of Pacific Current's