Alternative Liq Regulatory News (ALF)

ALTERNATIVE LIQUIDITY FUND LIMITED

Registered in Guernsey - Number 60552

LEI NUMBER 213800R5CHD76J3LU713

Registered Office:

Sarnia House, Le Truchot,

St Peter Port, Guernsey, GY1 1GR

12 December 2018

2018 ANNUAL GENERAL MEETING VOTING RESULTS

The Company held its 2018 Annual General Meeting ("AGM") at the registered office of the Company at 9.00am on Wednesday 12 December 2018. Resolutions 1-9 were proposed as ordinary resolutions and Resolution 10 as a special resolution. The result of the voting was:

Resolution 1 THAT the Annual Report and Financial Statements for the year ended 30 June 2018 be received and adopted.

Votes for: 74,748,892 or 100 % of votes cast

Votes against: 0

Votes Withheld: 7,040,247

Total Votes Cast: 74,748,892

Result: resolution passed

Resolution 2: THAT the Directors' Remuneration Report for the year ended 30 June 2018 be received and adopted.

Votes for: 81,789,139 or 100.00% of votes cast

Votes against: 0

Votes Withheld: 0

Total Votes Cast: 81,789,139

Result: resolution passed

Resolution 3: THAT the Directors' Remuneration Policy be received and approved.

Votes for: 72,868,400 or 97.48% of votes cast

Votes against: 1,880,492 or 2.52% of votes cast

Votes Withheld: 7,040,247

Total Votes Cast: 74,748,892

Result: resolution passed

Resolution 4: THAT Grant Thornton Limited be re-appointed as auditors of the Company until the conclusion of the next annual general Meeting of the Company.

Votes for: 74,748,892 or 91.93% of votes cast

Votes against: 7,040,247 or 8.61% of votes cast

Votes Withheld: 0

Total Votes Cast: 81,789,139

Result: resolution passed

Resolution 5: That the Directors be and hereby are authorised to fix the remuneration of the Company's auditors for the next period of office.

Votes for: 79,908,647 or 97.70% of votes cast

Votes against: 1,880,492 or 2.30% of votes cast

Votes Withheld: 0

Total Votes Cast: 81,789,139

Result: resolution passed

Resolution 6: THAT Quentin Spicer be re-elected as a Director of the Company.

Votes for: 79,733,974 or 100.00% of votes cast

Votes against: 0

Votes Withheld: 2,055,165

Total Votes Cast: 79,733,974

Result: resolution passed

Resolution 7: THAT Richard Berman be re-elected as a Director of the Company.

Votes for: 79,908,647 or 100.00% of votes cast

Votes against: 0

Votes Withheld: 1,880,492

Total Votes Cast: 79,908,647

Result: resolution passed

Resolution 8: THAT Anthony Pickford be re-elected as a Director of the Company

Votes for: 79,908,647 or 100.00% of votes cast

Votes against: 0

Votes Withheld: 1,880,492

Total Votes Cast: 79,908,647

Result: resolution passed

Resolution 9: THAT the Company be and is hereby authorised to make market acquisitions of its Ordinary Shares.

Votes for: 79,908,647 or 97.70% of votes cast

Votes against: 1,880,492 or 2.30% of votes cast

Votes Withheld: 0

Total Votes: 81,789,139

Result: resolution passed

Resolution 10: THAT the Directors be and are empowered to allot and issue Ordinary Shares, in line with the provisions stated in the Notice of AGM.

Votes for: 79,908,647 or 97.70% of votes cast

Votes against: 1,880,492 or 2.30% of votes cast

Votes Withheld: 0

Total Votes: 81,789,139

Result: resolution passed

All Enquiries

Tim Gardner, Warana Capital, LLP

Tel. +44 20 3551 2917

Email. tg@waranacap.com

Website: https://waranacap.com/