40 7 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 AUDITOR’S INDEPENDENCE DECLARATION TO THE DIRECTORS OF EQUESTRIAN AUSTRALIA LIMITED In relation to the independent audit for the year ended 30 June 2018, to the best of my knowledge and belief there have been: (i) No contraventions of the auditor independence requirements of the Corporations Act 2001; and (ii) No contraventions of any applicable code of professional conduct. ROD SHANLEY PITCHER PARTNERS Partner Sydney 19 October 2018