PPK : Notices of Meeting - 2015 and 2016 AGMs

10 July 2017

Dear Shareholder,

Please find enclosed the Notices of Meeting for our 2015 and 2016 Annual General Meetings which will both be held on Monday 14 August 2017 as part of a process to bring the Company up to date with regulatory requirements.

I am happy to report that we are beginning to experience some welcome relief in sentiment for mining and particularly coal mining as our customers benefit from a lift in underlying commodity prices, lower overall cost structures and a lower Australian dollar.

PPK has now lodged all outstanding Financial Reports with the ASX and these are also available on our website if you wish to review them: www.ppkgroup.com.au.

I encourage you to review the Executive Chairman's Report and the Directors' Reports for an update on the Company's progress over the past two and a half years and encourage you to attend the Annual General Meeting at which I will provide shareholders with a further update and you will also have the opportunity to discuss the Company's progress with my fellow Directors.

Kind regards,

Executive Chairman

ABN: 65 003 964 181

Level 27, 10 Eagle St, Brisbane QLD 4000

GPO Box 754, Brisbane Qld 4001

Tel: +61 7 3054 4500 Fax: +61 7 3054 4599

PPK GROUP LIMITED

ABN 65 003 964 181

Notice of 2015 Annual General Meeting and Explanatory Statement

2015 Annual Report:

http://www.ppkgroup.com.au

Notice of Annual General Meeting

PPK GROUP LIMITED ABN 65 003 964 181

The Explanatory Statement accompanying this Notice of General Meeting explains the items of business to be considered at the Meeting. The Explanatory Statement forms part of this Notice of General Meeting and should be read in conjunction with it. Unless otherwise stated, capitalised terms and certain other expressions used in this Notice of Meeting have the meaning given to them in the Explanatory Statement.

1. Receipt of the Financial Report for the year ended 30 June 2015

   Receipt of the Company's Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2015.

2. Remuneration Report

   To consider and, if thought fit, pass the following Resolution as an ordinary resolution:

   "That the Remuneration Report of the Company for the financial year ended 30 June 2015 be adopted." Voting Exclusion Statement:

   The Company will disregard any votes cast on Resolution 2:

   • by or on behalf of a member of the Company's key management personnel (KMP) (as defined in Section 9 of the Corporations Act 2001 (Cth)) details of whose remuneration are included in the Remuneration Report;

   • by or on behalf of a closely related party (as defined in Section 9 of the Corporations Act 2001 (Cth) such as close family members and any controlled companies) of a member of the KMP; or

   • as a proxy by a member of the KMP or a KMP's closely related party.

     However, votes will not be disregarded if they are cast as proxy for a person entitled to vote on Resolution 2:

     • in accordance with a direction as to how to vote on the Proxy Form; or

     • by the Chairman of the meeting pursuant to an express authorisation to exercise the proxy even though Resolution 2 is connected with the remuneration of the Company's KMP.

     Important Notice for Resolution 2: If a shareholder appoints the Chairman of the meeting as the shareholder's proxy and does not specify how the Chairman is to vote on Resolution 2, the Chairman will vote all proxy votes that he is entitled to vote in favour of Resolution 2.

3. Re-elect Mr Robin Levison as a Director of the Company

   To re-elect Mr Robin Levison as a Director of the Company. Mr Levison retires in accordance with the Constitution, and being eligible, offers himself for re-election as a Director.

4. Elect Mr Dale William McNamara as a Director of the Company

To elect Mr Dale William McNamara as a Director of the Company. Mr McNamara, having been appointed as a Director on 29 April 2015, retires in accordance with the Constitution and, being eligible, offers himself for election as a Director.

Dated at Sydney, on the 3 July 2017

2015 Annual Report:

The 2015 Annual Report is available on the Company's Website: www.ppkgroup.com.au

Proxies

• A Shareholder entitled to attend and vote at the Meeting is entitled to appoint a proxy or not more than two proxies to attended and vote instead of the Shareholder.

• Where two proxies are appointed:

• a separate Proxy Form should be used to appoint each proxy;

• the Proxy Form may specify the proportion, or the number, of votes that the proxy may exercise, and if it does not do so the proxy may exercise half of the votes.

• A Shareholder can appoint any other person to be their proxy. A proxy need not be a Shareholder of the Company. The proxy appointed can be described in the Proxy Form by an office held e.g. "the Chair of the Meeting".

• If a Shareholder's appointed proxy does not attend the Meeting, then the proxy appointment will automatically default to the Chair of the Meeting. In addition, any directed proxy appointments that are not voted on a poll at the meeting by a Shareholder's appointed proxy will automatically default to the Chair of the Meeting, who is required to exercise the relevant votes as directed on the poll (subject to any applicable voting exclusions).

• In the case of Shareholders who are individuals, the Proxy Form must be signed:

• if the shares are held by one individual, by that Shareholder;

• if the shares are held in joint names, by any one of them.

• In the case of Shareholders who are companies, the Proxy Form must be signed:

• if it has a sole director who is also sole secretary, by that director (and stating the fact next to, or under the signature on the Proxy Form);

• in the case of any other company by either two directors or a director and secretary.

• If the person signing the Proxy Form is doing so under a power of attorney, or is an officer of a company outside those referred to above but authorised to sign the Proxy Form, the power of attorney or other authorisation (or a certified copy of it), as well as the Proxy Form, must be received by the Company by the time and at the place specified below.

• A Proxy Form accompanies this notice. To be effective, your proxy must be received by the Company no later than 2.00 pm (AEST) on Saturday 12 August 2017:

1. by facsimile : on +61 (02) 9290 9655; or

2. by delivery in person or mail :

   PPK Group Limited Share Registry C/- Boardroom Pty Limited

   Level 12, 225 George Street Sydney NSW 2001 ; or

3. Online : www.votingonline.com.au/ppkgroupagm2015

Corporate Representatives

A body corporate that is a member, or that has been appointed as a proxy of a member, may appoint an individual to act as its representative at the Meeting. The appointment must comply with the requirements of section 250D of the Corporations Act. The representative should bring to the meeting evidence of his or her appointment including the authority under which it is signed.

SHAREHOLDERS WHO ARE ENTITLED TO VOTE

In accordance with the Corporations Act, the Directors have determined that a person's entitlement to vote at the Meeting will be the entitlement of that person set out in the register of members as at 2.00pm (AEST) on Saturday 12 August 2017.

CHAIR'S VOTING INTENTIONS

Subject to any applicable voting exclusions, the Chair of the Meeting intends to vote all available undirected proxies in favour of each Resolution.