Seafarms : SFG 2021 AGM Notice

For personal use *I00000102*only

ASX Announcement | Ϯ4 DecemberϮ021

Seafarms Group Limited (ASX:SFG)

SFG ASX Announcement No: ϳ14

Notice of Annual General Meeting

Seafarms Group Limited (ASX:SFG) (Seafarms or the Company) advises that the Company will be holding an Annual General Meeting via a webcast live online at 10:00am (Perth time) on &ƌŝĚĂLJ, 28 January 2022 (the Meeting).

In light of the COVID-19 pandemic, the Company has taken the prudent step to hold the Meeting virtually. Shareholders are advised they will not be able to physically attend the Meeting.

Instead, the Company invites shareholders to attend and participate in a virtual Meeting through an online webcast powered by 'Lumi', where Shareholders will be able to watch, listen, submit written questions and vote online. Instructions on how to join the webcast and vote on the resolutions via the online platform are set out in the Online Meeting Guide enclosed with this letter and can also be found on the Company's website at www.seafarms.com.au/seafarms-group-agm/. Please note the meeting online meeting link is http://web.lumiagm.com/370847560and the meeting ID is 370-847-560.

We invite shareholders to submit questions also in advance of the meeting. Questions may be sent via email to [e-mail] no later than 5:00pm on Thursday 20th January 2022.

In accordance with the Treasury Laws Amendment (2021 Measures No. 1) Act 2021 (Act), the notice of meeting, accompanying explanatory statement and annexures (including an online meeting guide and proxy form) (Meeting Materials) are being made available to shareholders electronically, unless you have requested to receive a hard copy since the Act has come into force. This means that:

You are able to access the Meeting Materials online at the Company's website at: www.seafarms.com.au/seafarms-group-agm/.

A complete copy of the Meeting Materials have been posted on the Company's ASX market announcements page.

If you have nominated an email address and have elected to receive electronic communications from the Company, you will also receive an email to your nominated email address with a link to an electronic copy of the Meeting Materials and the proxy voting form.

In addition, shareholders may lodge a proxy form online at www.investorvote.com.auby entering:

the following 6 digit control number: 186250; and

that shareholders' HIN/SRN and postcode to logon.

Samples/000001/000002

For personal use only

If you are unable to access the Meeting Material online, please contact our office between 9.00am and 5.00pm AWST Monday to Friday, to arrange a copy.

As a valued shareholder in the Company, we look forward to your participation in the Meeting.

Approved and authorised for release by Seafarms' Disclosure Committee.

Approved and authorised for release by the Board of Seafarms.

Ends.

For further information, please contact:

Seafarms Group

Mr Ian Brannan

Company Secretary

P: [phone]

Media / Investor Enquiries

True North Strategic Communication

Penny Baxter

1. [phone]

1. [phone]

1. [e-mail]

About Seafarms Group

Seafarms Group Limited (ASX:SFG) is a sustainable aquaculture company, producing the premium Crystal Bay® Prawns and developing the Project Sea Dragon prawn aquaculture project in northern Australia.

Seafarms Group uses environmentally sustainable processes and is currently Australia's largest producer of farmed prawns, its Crystal Bay® Prawns and Crystal Bay® Tigers are available year round in fresh and frozen formats. To learn more please visit: www.crystalbayprawns.com.au.

Seafarms Group is investing in sustainable aquaculture for export through Project Sea Dragon, a large-scale, vertically integrated, land-based, prawn aquaculture project being developed in northern Australia. The standalone marine prawn production system will be capable of annually producing over 150,000 tonnes of prawns and the high-quality, year- round volumes will target export markets. To learn more please visit: www.seafarms.com.au

For more detailed information concerning Seafarms and Project Sea Dragon please refer to the company's website - www.seafarms.com.au.

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SEAFARMS GROUP LIMITED

ABN 50 009 317 846

onlyuse Notice of 2021 Annual General Meeting

personal10.00 am (Perth time), Friday, 28 January 2022

Held via webcast live online

For

Seafarms Group Limited

NOTICE OF MEETING

An Annual General Meeting of

Seafarms Group Limited (the Company)

only	and if you are not able to attend I encourage you to nominate a proxy
	will be held via webcast live online.
	Dear Shareholder
	I am pleased to invite you to attend the 2021 Annual General Meeting	The following pages contain details on the items of business to be
	(the Meeting) of the Company, to be held via webcast live online at	conducted at the Meeting. Your Directors believe that each of the
	10.00am (Perth time), Friday 28 January 2022.	resolutions is in the best interests of the Company and its
	To facilitate Shareholder participation, the Meeting will be a virtual	Shareholders. Voting on the resolutions at the Meeting is important
	meeting, held via webcast live online. If you choose to participate via	by returning the enclosed Proxy Form.
	the live online webcast please register on the Company website
	If you nominate a proxy, please carefully consider the proxy comments
	www.seafarms.com.au.
use	in this Notice. Please ensure you forward the manual Proxy Form to
	By registering for the webcast of the Meeting, Shareholders will be
	able to listen to the proceedings, ask questions relevant to the	the Company's Share Registry, Computershare Investor Services Pty
	bu iness of the Meeting, and vote on the resolutions to be considered	Limited, so that it is received by 10.00am (Perth time), Wednesday, 26
	at the Meeting, online.	January 2022.
	The Meeting is an ideal opportunity for you to meet the Company's	Your Board and senior management team look forward to engaging
	board (Board) and senior management team and I encourage you to	with you at the Meeting.
	participate in the Meeting.	Yours faithfully
	Instructions on how to join the webcast, submit questions and vote on
personalFor
	the resolutions via the online platform are set out in the enclosed
	Online Meeting Guide (Online Meeting Guide) enclosed in this notice
	of meeting (Notice) and on the Company's website	Mick McMahon
	http://seafarms.com.au/seafarms-group-agm/.Please note the	CEO and Executive Chairman
	meeting ID is 370-847-560.	24 December 2021
	The complete Meeting materials and Proxy Forms are located on
	www.seafarms.com.au/seafarms-group-agm/.
	The Meeting will only consist of the items of business set out in the
	Notice. There will be a presentation by the Executive Chairman.
	Voting on all resolutions will be conducted by a poll
	An electronic copy of the Company's 2021 Annual Report is available
	to download or view on the Company's website at
	http://www.seafarmsgroup.com.au. The Company's 2021 Annual
	Report has also been sent to those Shareholders who previously
	elected to receive a hard copy.

The following pages contain details on the items of business to be conducted at the Meeting.

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Seafarms Group Limited

NOTICE OF MEETING

Items of Business	Resolution	Approval	Further Details

ORDINARY BUSINESS

only3.	ELECTION OF DIRECTOR -
1.	DISCUSSION OF FINANCIAL
	STATEMENTS AND REPORTS
2.	REMUNERATION REPORT
use	MR IAN BRANNAN
ELECTION OF DIRECTOR -
4.
	MR HISAMI SAKAI
SPECIAL BUSINESS
personal	RATIFICATION OF SHARES
5.
	ISSUED UNDER SHARE
	PURCHASE PLAN SHORTFALL
	SHARES
6.	RATIFICATION OF OPTIONS
	ISSUED IN RELATION TO
	SHARE PURCHASE PLAN
	SHORTFALL
7.	RATIFICATION OF ISSUE OF
For	SECURITIES TO MICK
MCMAHON
8.	RATIFICATION OF ISSUE TO
	SECURITIES TO IAN BRANNAN

To receive and consider the Financial Report,	Not applicable	Page 7
Directors' Report and Auditor's Report for the year
ended 30 June 2021.
To adopt the Remuneration Report for the year	Non-binding	Page 7
ended 30 June 2021.
That, for the purposes of Listing Rule 14.4, rule 11.3	Ordinary	Page 7
of the Company's Constitution and for all other	resolution
purposes, Mr Ian Brannan (who was appointed as a
Director of the Company by the Board on 29 October
2021) be confirmed as a Director of the Company.
That, for the purposes of Listing Rule 14.4, rule 11.7	Ordinary	Page 7
of the Company's Constitution and for all other	resolution
purposes, Mr Hisami Sakai be re-elected as a
Director.

That, for the purposes of refreshing the Company's	Ordinary	Page 8
issue capacity, in accordance with Listing Rule 7.4,	resolution
and for all other purposes, the Company ratify the
issue of 114,240,816 Shares comprising the shortfall
under the Share Purchase Plan (Shortfall Shares) at
an issue price of A$0.055 per Share to sophisticated
and professional investors on 20 August 2021 on the
terms set out in the Explanatory Notes.
That, for the purposes of refreshing the Company's	Ordinary	Page 9
issue capacity, in accordance with Listing Rule 7.4,	resolution
and for all other purposes, the Company ratify the
issue of 68,544,489 Unlisted Options to persons who
subscribed for the Shortfall Shares on the basis of 3
Unlisted Options for every 5 Shortfall Shares issued, on
the terms set out in the Explanatory Notes.
That, for the purposes of refreshing the Company's	Ordinary	Page 10
issue capacity, in accordance with Listing Rule 7.4,	resolution
and for all other purposes, the Company ratify the
issue of 36,363,636 Shares at an issue price of
A$0.055 per Share and 21,818,181 Unlisted Options
to Mick McMahon on 22 September 2021 on the
terms and conditions set out in the Explanatory
Notes.
That, for the purposes of refreshing the Company's	Ordinary	Page 11
issue capacity, in accordance with Listing Rule 7.4,	resolution
and for all other purposes, the Company ratify the
issue of 9,090,909 Shares at an issue price of
A$0.055 per Share and 5,454,545 Unlisted Options
to Ian Brannan on 22 September 2021 on the terms
set out in the Explanatory Notes.

9.	ADDITIONAL CAPACITY TO	That, for the purposes of Listing Rule 7.1A and for all	Special	Page 12
	ISSUE SECURITIES	other purposes, the Company approve the issue of	resolution
		up to that number of equity securities equal to 10% of

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