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    Page 78 of 86

Level 5 57 The Esplanade  PO Box 796             un +617 5478 3788
  Cotton Tree QLO 4558      Cotton Tree QLO 4558   Fay +617 baa 5982     a               g     z
                            www colliers com au    rua michael polkinghorne@colliers   @ ol | 1 re rs

                       LEASE PROPOSAL ~ PEREGIAN BEACH DIGITAL HUB
          LEASE C BEING PART OF LOT 95 ON SP137431, TITLE REFERENCE 50339869

  of       Lessor’s solicitor           Attention: Sophie Paras
                                        Argon Law
                                        Level 1, 17 Southern Drive
                                        Maroochydore QLD 4558
                                        Tel: (07) 5443 9988
                                        Fax: (07) 5443 7788
                                        Email: [email protected]
 6.        Demised premises             Lease C being part of Lot 95 on SP137431 as shown on the Plan
                                        attached — 253 David Low Way

            SS
re | Lease expiry date                  30/4/2025
 Pe
  12.         i

  14.      Base rental                  $38,775   excluding GST per annum (to be paid in monthly
                                        instalments in advance)

                                        CPI reviews annually with Market review at exercise of option.
           Recoverable outgoings        An annual contribution of $5,000 per annum, paid monthly and
                                        increasing annually on | July by CPI.
  17,      Bond                         Three month's rent plus Outgoings plus GST to be paid by the lessee
                                        to the lessor by cash or bank guarantee upon execution of the lease.

                                                                                                           Page 78 of 86
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