5E Advanced Materials, Inc. — Share Issue/Capital Change 2023

Sep 19, 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

Wednesday September 20, 2023

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	12,218	15/09/2023
5EAAW	OPTION EXPIRING 24-APR-2033 EX USD 7.73	300,000	15/09/2023
5EAAT	PERFORMANCE SHARE UNITS	121,639	15/09/2023
5EAAS	RESTRICTED SHARE UNITS	169,109	15/09/2023

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

20/9/2023

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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")

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 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

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73

Date the +securities the subject of this notification were issued

15/9/2023

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? No

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

Issue details

Number of +securities

300,000

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

5EAAS : RESTRICTED SHARE UNITS

Date the +securities the subject of this notification were issued

15/9/2023

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

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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 Paul Weibel Paul Weibel 36,586 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

Issue details

Number of +securities

169,109

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

5EAAT : PERFORMANCE SHARE UNITS

Date the +securities the subject of this notification were issued

15/9/2023

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.

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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Name of KMP Name of registered holder Number of +securities Paul Weibel Paul Weibel 36,586

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

Issue details

Number of +securities

121,639

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

5EAAO : COMMON STOCK

Date the +securities the subject of this notification were issued

15/9/2023

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? No

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

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Issue details

Number of +securities

12,218

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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)
	Total number of
ASX +security code and description	+securities on issue
5EA : CHESS DEPOSITARY INTERESTS 10:1	303,996,780
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not	quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
5EAAR : CONVERTIBLE NOTES	60,000
5EAAP : 10:1 CDI EQUIVALENT TO 5EAAO	138,187,280
5EAAO : COMMON STOCK	13,837,376
5EAAV : DIRECTOR SHARE UNITS	11,103
5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73	700,000
5EAAL : OPTION EXPIRING 01-JUN-2025 EX USD$14.62	1,440,000
5EAAN : OPTION EXPIRING 01-OCT-2025 EX USD$16.45	233,333
5EAAK : OPTION EXPIRING 07-APR-2025 EX USD$18.27	100,000
5EAAG : OPTION EXPIRING 31-DEC-2023 EX USD$8.04	120,000
5EAAH : OPTION EXPIRING 30-JUL-2024 EX USD$3.65	750,000
5EAAI : OPTION EXPIRING 30-JUN-2024 EX USD$9.87	59,000
5EAAJ : OPTION EXPIRING 06-JUL-2024 EX USD$6.58	910,000
5EAAU : OPTION EXPIRING 16-AUG-2027 EX USD 25.62	275,000

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

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5EAAT : PERFORMANCE SHARE UNITS	260,823
5EAAS : RESTRICTED SHARE UNITS	308,304

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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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