ADISYN LTD — Share Issue/Capital Change 2024

May 15, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

ADISYN LTD

Date of this announcement

Thursday May 16, 2024

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
AI1AM	PERFORMANCE RIGHTS	5,000,000	16/05/2024

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

ADISYN LTD

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

1.2 Registered number type Registration number ACN 155473304

1.3 ASX issuer code

AI1

1.4 The announcement is

New announcement

1.5 Date of this announcement

16/5/2024

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Appendix 3G - 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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
12-Apr-2024 11:30	New - Proposed issue of securities - AI1	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

AI1AM : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

16/5/2024

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

Tranche 1 Upon completion of implementation of a Cyber/Defence Advisory Board of the Company, to include a minimum of two (2) suitable members of the Advisory Board, with each member having been recommended and/or introduced by the Strategic Advisor, and providing a minimum of six (6) months of service to the Advisory Board

Issue details

Number of +securities

2,500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Part consideration per mandate and approved by shareholders on 14 May 2024 https://announcements.asx.com.au/asxpd f/20240405/pdf/0626s5c7h5fyyx.pdf

ASX +security code and description

AI1AM : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

16/5/2024

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

Upon at least one of the following strategic objectives being achieved by the Strategic Advisor:

(a) minimum of A$500,000 successful investment in the Company from a mutually agreed new strategic investor introduced by the Strategic Advisor; or

(b) the Company executing sales contracts with third party customers introduced by the Strategic Advisor with a life-time value not exceeding 3 years of at least a combined total of A$500,000 over the life-time of the contracts.

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

2,500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Part consideration per mandate and approved by shareholders on 14 May 2024 https://announcements.asx.com.au/asxpd f/20240405/pdf/0626s5c7h5fyyx.pdf

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
AI1 : ORDINARY FULLY PAID	182,132,002
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
AI1AM : PERFORMANCE RIGHTS	15,500,000
AI1AL : OPTION EXPIRING 30-NOV-2024 EX $0.11	2,562,500
AI1AJ : OPTION EXPIRING 20-DEC-2025 EX $0.60	1,000,000
AI1AD : OPTION EXPIRING 31-JUL-2024 EX $0.30	2,000,000
AI1AE : OPTION EXPIRING 06-NOV-2024 EX $0.25	1,200,000
AI1AF : OPTION EXPIRING 06-NOV-2024 EX $0.25	2,950,000

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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