ASX Announcement

28 October 2020

Appendix 3Y - Change of Director's Interest Notice

City Chic Collective Limited ("City Chic", "Company") refers to the attached Appendix 3Y for Mr Michael Hardwick.

Unbeknown to Mr Hardwick, Mr Hardwick's three children were recently gifted fully paid ordinary shares in the Company by an extended family member. Mr Hardwick does not have any ownership interest in those shares, however, for transparency all shares in the Company gifted to, and currently held by, Mr Hardwick's children are included in the attached Appendix 3Y. The shares were gifted by way of an off-market transfer on 7, 8 and 10 September 2020.

The Company and Mr Hardwick acknowledge that the Appendix 3Y has not been released within 5 business days from the date of change, as required by listing rule 3.19.A. Mr Hardwick was not aware that the transfer of the shares had occurred until last Friday and promptly notified the Company upon becoming aware so that the attached disclosure could be made to the market.

Each City Chic director, including Mr Hardwick, is fully aware of and understands his or her obligations under listing rule 3.19A. The Company considers that the arrangements currently in place with directors are adequate for the purposes of ensuring compliance with listing rule 3.19B. However, in light of the circumstances that have arisen on this occasion, the Company will consider whether additional measures can be implemented to reduce the risk of non-compliance in the future.

The release of this announcement was authorised by the Company Secretary.

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity

City Chic Collective Limited ("Company")

ABN

43 057 569 169

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Michael Hardwick

Date of last notice

27 August 2020

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest

Indirect

Nature of indirect interest

Shares acquired by Michael Hardwick's

(including registered holder)

children.

Note: Provide details of the circumstances giving rise to the

relevant interest.

For the avoidance of doubt, all Company

shares the subject of this notice are held by

the Director's children after having been

transferred to them by an extended family

member. Mr Hardwick does not have an

ownership interest in the shares.

Date of change

30,000 shares on each of 7, 8 and 10

September 2020

No. of securities held prior to change

504,836 Ordinary shares

Class

Ordinary shares

Number acquired

90,000

Number disposed

Nil

Value/Consideration

Nil consideration paid - shares were gifted

Note: If consideration is non-cash, provide details and estimated

valuation

Estimated value of shares (based on closing

share price on date of change) - $304,800

+ See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

No. of securities held after change

504,836

Ordinary shares (direct)

90,000

Ordinary shares (indirect)

Nature of change

Ordinary shares gifted by an extended family

Example: on-market trade, off-market trade, exercise of options,

member to Michael Hardwick's children via

issue of securities under dividend reinvestment plan, participation

an off-market transfer.

in buy-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

Not applicable

Nature of interest

Name of registered holder

(if issued securities)

Date of change

No. and class of securities to

which interest related prior to

change

Note: Details are only required for a

contract in relation to which the

interest has changed

Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash,

provide details and an estimated

valuation

Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts

No

detailed above traded during a +closed period where

prior written clearance was required?

If so, was prior written clearance provided to allow the

Not applicable

trade to proceed during this period?

If prior written clearance was provided, on what date

Not applicable

was this provided?

+ See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

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City Chic Collective Limited published this content on 27 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 21:48:03 UTC