ACROW LIMITED — Share Issue/Capital Change 2025

Jan 14, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

ACROW LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday January 15, 2025

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ACF	ORDINARY FULLY PAID	265,675	18/10/2024
ACF	ORDINARY FULLY PAID	926,055	28/10/2024
ACF	ORDINARY FULLY PAID	264,728	30/10/2024
ACF	ORDINARY FULLY PAID	14,960	15/11/2024
ACF	ORDINARY FULLY PAID	10,000	11/12/2024
ACF	ORDINARY FULLY PAID	65,082	20/12/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ACROW LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number

124893465

1.3 ASX issuer code

ACF

1.4 The announcement is

New announcement

1.5 Date of this announcement

15/1/2025

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

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Appendix 2A - Application for quotation of securities

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

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ACFAF : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description ACF : ORDINARY FULLY PAID 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 18/10/2024 18/10/2024 265,675 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No 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: Intended to be, but are not yet, quoted by ASX 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

Issue date

18/10/2024

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

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 265,675 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights Plan. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ACFAF : PERFORMANCE RIGHTS TO (Existing Class) ASX +security code and description ACF : ORDINARY FULLY PAID 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 28/10/2024 28/10/2024 926,055 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No 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: Intended to be, but are not yet, quoted by ASX 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

Issue date

28/10/2024

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

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Appendix 2A - Application for quotation of securities

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Yes

Issue details

Number of +securities to be quoted 926,055

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights Plan.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000

Any other information the entity wishes to provide about the +securities to be quoted

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ACFAF : PERFORMANCE RIGHTS TO (Existing Class) ASX +security code and description ACF : ORDINARY FULLY PAID 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 30/10/2024 30/10/2024 264,728

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

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: Intended to be, but are not yet, quoted by ASX 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

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Appendix 2A - Application for quotation of securities

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Issue date

30/10/2024

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

Issue details

Number of +securities to be quoted

264,728

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights Plan.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ACFAF : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description ACF : ORDINARY FULLY PAID 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 15/11/2024 15/11/2024 14,960 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No 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: Intended to be, but are not yet, quoted by ASX 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?

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Appendix 2A - Application for quotation of securities

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No

Issue date 15/11/2024 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted 14,960 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities

Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights Plan.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ACFAF : PERFORMANCE RIGHTS TO (Existing Class) ASX +security code and description ACF : ORDINARY FULLY PAID 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 11/12/2024 11/12/2024 10,000 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

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: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee

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Appendix 2A - Application for quotation of securities

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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

Issue date

11/12/2024

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

Issue details

Number of +securities to be quoted

10,000
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights
Plan.
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the
+securities to be quoted
0.000000
Any other information the entity wishes to provide about the +securities to be quoted
Existing +securities converting into additional +securities in an existing class
FROM (Existing Class)
ASX +security code and description
ACFAF : PERFORMANCE RIGHTS
TO (Existing Class)
ASX +security code and description
ACF : ORDINARY FULLY PAID
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	20/12/2024	20/12/2024
65,082
Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been
exercised or have all of those convertible securities now been converted)?
No
The right of the holder of the options or other +convertible securities to receive the +underlying securities is being
satisfied by:

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Appendix 2A - Application for quotation of securities

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An issue of new +securities

The underlying +securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

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

Issue date

20/12/2024

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

Yes

Issue details

Number of +securities to be quoted

65,082

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Exercise of vested performance rights by employees. Performance Rights originally issued under the Company's Rights Plan.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
ACF : ORDINARY FULLY PAID	307,157,659
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
ACFAF : PERFORMANCE RIGHTS	14,002,873
ACFAD : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	1,500,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Appendix 2A - Application for quotation of securities

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