From page 8 of 2020 Annual report:“Magnis now has a 53.39%...

From page 8 of 2020 Annual report:

“Magnis now has a 53.39% direct holding in iM3NY.C4V has a direct holding of 45.17%,and two other companies, Primet Precision Materials Inc and C&D Assembly Inc,are the other shareholders in iM3NY,owning the remaining 1.44%.As announced by the Company on 30 September 2019,iM3NY equipment was independently valued at US$71.34 million (A$115.5 million)by O’Brien & Gere,a wholly-owned subsidiary of Dutch engineering giantR a m b o ll G ro u p .Magnis is also a 10% shareholder of C4V,and therefore following the BEItransaction,its total ownership in iM3NY on a direct and indirect basis is 57.91%.”