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

Jun 14, 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

Thursday June 15, 2023

The +securities the subject of this notification are:

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Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

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	15,756	13/06/2023

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

15/6/2023

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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:

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Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

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in a class which is not quoted on ASX but which has an existing ASX security code ("existing class")

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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

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Are not, and are not intended to be, quoted by ASX

Existing +securities converting into an existing class	Existing +securities converting into an existing class
FROM (Existing Class)
ASX +Security code and description
5EAAS : RESTRICTED SHARE UNITS
TO (Existing Class)
ASX +Security code and description
5EAAO : COMMON STOCK
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted		13/6/2023
15,756
Is this all of the options or other +convertible securities on issue of that type?
Were the options being exercised or other +convertible securities being converted issued under an +employee
incentive scheme?
Yes
Are any of the options being exercised or other +convertible securities being converted held by +key management
personnel (KMP) or an +associate?
No

Date the +securities the subject of this notification were issued/transferred

13/6/2023

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

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

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

Issue details

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Number of +securities

15,756

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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	298,737,880
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	142,823,770
5EAAO : COMMON STOCK	14,298,133
5EAAV : DIRECTOR SHARE UNITS	158,108
5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73	400,000
5EAAL : OPTION EXPIRING 01-JUN-2025 EX USD$14.62	1,440,000
5EAAN : OPTION EXPIRING 01-OCT-2025 EX USD$16.45	300,000
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	400,000

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

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

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