5E Advanced Materials, Inc. — Capital/Financing Update 2023

Jul 6, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

5E ADVANCED MATERIALS INC.

Date of this announcement

Friday July 07, 2023

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
5EAAO	COMMON STOCK	18,161	03/07/2023

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

5E ADVANCED MATERIALS INC.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ARBN

Registration number

655137170

1.3 ASX issuer code

5EA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/7/2023

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

5EAAO : COMMON STOCK

Date the +securities the subject of this notification were issued

3/7/2023

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
David Salisbury	David Salisbury	4,884
Sen Ming Lim	Sen Ming Lim	1,908
Graham van't Hoff	Graham van't Hoff	5,341
Stephen Hunt	Stephen Hunt	2,442
H. Keith Jennings	H. Keith Jennings	3,586

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.sec.gov/Archives/edgar/data/1888654/000119312522032966/d222316dex101.htm

Any other information the entity wishes to provide about the +securities the subject of this notification

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

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Number of +securities

18,161

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 4 - +Securities on issue

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Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

	4.1 Quoted +Securities (Total number of each +class of +securities quoted)ASX +security code and descriptionTotal number of+securities on issue5EA : CHESS DEPOSITARY INTERESTS 10:1301,037,880	4.1 Quoted +Securities (Total number of each +class of +securities quoted)ASX +security code and descriptionTotal number of+securities on issue5EA : CHESS DEPOSITARY INTERESTS 10:1301,037,880
	4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issue
	5EAAR : CONVERTIBLE NOTES60,0005EAAP : 10:1 CDI EQUIVALENT TO 5EAAO140,808,8205EAAO : COMMON STOCK14,099,0435EAAV : DIRECTOR SHARE UNITS158,1085EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73400,0005EAAL : OPTION EXPIRING 01-JUN-2025 EX USD$14.621,440,0005EAAN : OPTION EXPIRING 01-OCT-2025 EX USD$16.45233,3335EAAK : OPTION EXPIRING 07-APR-2025 EX USD$18.27100,0005EAAG : OPTION EXPIRING 31-DEC-2023 EX USD$8.04120,0005EAAH : OPTION EXPIRING 30-JUL-2024 EX USD$3.65750,0005EAAI : OPTION EXPIRING 30-JUN-2024 EX USD$9.8759,0005EAAJ : OPTION EXPIRING 06-JUL-2024 EX USD$6.58910,0005EAAU : OPTION EXPIRING 16-AUG-2027 EX USD 25.62275,000

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5EAAT : PERFORMANCE SHARE UNITS	165,574
5EAAS : RESTRICTED SHARE UNITS	178,668

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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