T.P.R.E. Ltd

This licence authorises the licensee to carry on a financial services business to:

provide general financial product advice for the following classes of financial products:

interests in managed investment schemes limited to:

own managed investment scheme only;

deal in a financial product by:

issuing, applying for, acquiring, varying or disposing of a financial product in respect of the following classes of financial products:

interests in managed investment schemes limited to:

own managed investment scheme only; and

applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:

deposit and payment products limited to:

basic deposit products;

interests in managed investment schemes excluding investor directed portfolio services; and

securities; and

operate the following kinds of registered managed investment schemes (including the holding of any incidental property) in its capacity as responsible entity:

"Truepillars Investment Trust" scheme (ARSN: 623 138 241),

a scheme which only holds the following types of property:

financial assets; and

"Mi Income Fund" scheme (ARSN: 659 087 028 ),

a scheme which only holds the following types of property:

financial assets;

to retail and wholesale clients.