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DIRECTORS’ DECLARATION

In the opinion of the directors of Cremorne Capital Ltd, the Responsible Entity of Cremorne Capital LimitedHVT Land Trust (the Scheme):

1. The financial statements and notes set out on pages 9 to 24, are in accordance with the Corporations Act 2001, including:

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(a) giving a true and fair view of financial position of the Scheme as at 30 June 2022 and of its performance for the financial year ended on that date; and

(b) complying with Australian Accounting Standards (including the Australian Accounting Interpretations), and the Corporations Regulations 2001.

2. The financial report also complies with International Financial Reporting Standards as discussed in Note 1(a).

3. Subject to the achievement of matters described in note 15 there are reasonable grounds to believe that the Scheme will be able to pay its debts as and when they become due and payable.

Signed in accordance with a resolution of the Directors of the Responsible Entity made pursuant to s.295(5) of the Corporations Act 2001.

On behalf of the Directors

Michael Ramsden Director

MELBOURNE

Dated: 22 September 2022

Statement Of Profit Or Loss And Other Comprehensive Income

For the Financial Year ended 30 June 2022

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