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Notification of buy-back

Share Buyback14 February 2023AFIFinancials

Notification of buy-back
Notification of buy-back

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Announcement Summary

Name of entity

AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED

Announcement type

New announcement

Date of this announcement

14/2/2023

ASX Security code and description of the class of +securities the subject of the buy-back

AFI : ORDINARY FULLY PAID

The type of buy-back is:

Refer to next page for full details of the announcement

On market buy-back

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Part 1 - Entity and announcement details

1.1 Name of entity

AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED

We (the entity named above) provide the following information about our buy-back.

1.2 Registration number type

ABN

Registration number

56004147120

1.3 ASX issuer code

AFI

1.4 The announcement is

1.5 Date of this announcement

14/2/2023

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

AFI : ORDINARY FULLY PAID

New announcement

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Part 2 - Type of buy-back

2.1 The type of buy-back is:

On market buy-back

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Part 3 - Buy-back details

Part 3A - Details of +securities, price and reason

3A.1 Total number of +securities on issue in the class of

+securities to be bought back

1,235,624,858

3A.4 Does the entity intend to buy back a minimum

number of +securities

3A.5 Does the entity intend to buy back a maximum

number of securities

3A.5a Maximum number of securities proposed to be

bought back

122,603,132

3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

Broker name:

Goldman Sachs Australia Pty Ltd

3A.9 Are the +securities being bought back for a cash consideration?

3A.9a Is the price to be paid for +securities bought back known?

3A.9a.1 In what currency will the buy-back consideration

be paid?

AUD - Australian Dollar

Part 3B - Buy-back restrictions and conditions

3B.1 Does the buy-back require security holder

approval?

No

Yes

Yes

No

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Part 3C - Key dates

On-market buy-back

3C.2 Proposed buy-back start date

9/3/2023

3C.3 Proposed buy-back end date

8/3/2024

Part 3D - Other Information

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

This announcement is to refresh the Company's on-market buy-back facility, for capital management purposes.

No

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