On November 21, 2022, LiveTiles Limited announced that a notice received under section 249D of the Corporations Act the Company) advises that it has received a notice under section 249D of the Corporations Act 2001 (s249D Notice) on November 21, 2022 from Regal Funds Management Pty Limited. The Company stated that the s249D notice requests the convening of a general meeting of the Company to consider five ordinary resolutions as follows: 1)That, pursuant to section 203D of the Corporations Act 2001 (Cth), Jesse Todd be removed, as a director of the Company with immediate effect, 2) That, pursuant to section 203D of the Corporations Act 2001 (Cth), Vanessa Ferguson be removed as a director of the Company with immediate effect, 3) That, pursuant to section 203D of the Corporations Act 2001 (Cth), Kevin Young be removed as a director of the Company with immediate effect 4) That Michael Ryan, having consented to act, be elected as an independent non-executive director of the Company with immediate effect, 5) That Peter George, having consented to act, be elected as an independent non-executive director of the Company with immediate effect. In addition, the Company stated that the Board is concerned that Company resources will be unnecessarily diverted in calling a general meeting in response to the s249D Notice given it will be held in close proximity to the AGM on November 30, 2022, particularly when resolutions will be put to shareholders at that AGM to consider the re-election of Jesse Todd, Vanessa Ferguson and Kevin Young.