X0306 4 2016-12-28 0001622577 Arowana Inc. ARWA 0001641021 Hui Gary C/O AROWANA INC. LEVEL 11, 153 WALKER STREET NORTH SYDNEY C3 NSW 2060 AUSTRALIA 1 1 0 0 CFO and CIO Ordinary Shares 2016-12-28 4 C 0 6043 A 322024 I by Beira Corp. Right to Receive Ordinary Share 2016-12-28 4 C 0 60432 0 D Ordinary Share 6043 0 I by Beira Corp. Redeemable Warrant 2016-12-28 4 C 0 60432 0 D Ordinary Share of VivoPower International PLC 3021 0 I by Beira Corp. Beira Corp. is an entity controlled by Mr. Hui. Mr. Hui disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Hui is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The issuer's rights were converted into ordinary shares of the issuer upon the issuer's completion of its initial business combination at a ratio of 1 ordinary share for every 10 rights. The issuer's warrants were converted into ordinary shares of VivoPower International PLC upon the issuer's completion of its initial business combination at a ratio of 1 ordinary share of VivoPower International PLC for every 20 warrants. /s/ Gary Hui 2017-01-03