Ann: Response to ASX Query Letter, page-2

Based on information provided by HDY’s share registry, ASX understands that the Additional
Parties transferred the Consideration Shares they received off market immediately upon
receipt of those Consideration Shares to Horatio Street Pty Ltd (an entity which ASX
understands to be controlled by Darrin Blumenthal, the managing director of Everblu), Anglo
Menda Pty Ltd (an entity which ASX understands is controlled by Adam Blumenthal, the
chairman of Everblu), and Pacific Continental Holdings Pty Ltd (which appears to be an entity
associated with Jordan Shamir, an employee or EverBlu).