ADSLOT LTD. — Share Issue/Capital Change 2022

Jun 21, 2022

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

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Announcement Summary

Entity name

ADSLOT LTD.

Date of this announcement

Wednesday June 22, 2022

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
ADSAB	INCENTIVE OPTIONS	38,800,000	16/06/2022

Refer to next page for full details of the announcement

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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

ADSLOT 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

ABN

Registration number

70001287510

1.3 ASX issuer code

ADS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

22/6/2022

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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

ADSAB : INCENTIVE OPTIONS

Date the +securities the subject of this notification were issued

16/6/2022

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
Tom Peacock	Annabel Peacock	6,000,000
Felicity Conlan	Felicity Conlan	2,000,000

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

r a summary of the terms
Refer to pages 34 to 37 of Adslot Ltd's 2020 Notice of Annual General Meeting which is	available at:	https://www.adslot.co
m/wp-content/uploads/2020/12/2021-Jan-Adslot-AGM-NOM-PROX-FINAL.pdf?x98531	for a summary of the terms of
Adslot Ltd's Incentive Option Plan.

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

Each Option is a right to acquire one fully paid ordinary share in Adslot Ltd (ASX: ADS). Each Option is exercisable at an exercise price of $0.0177, with an expiry date of 15 June 2026.

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Issue details

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Number of +securities

38,800,000

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Part 4 - +Securities on issue

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
ADS : ORDINARY FULLY PAID	2,204,478,656
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
ADSAC : OPTION EXPIRING 08-AUG-2025 EX $0.028	6,000,000
ADSAB : INCENTIVE OPTIONS	124,200,000
ADSAD : OPTION EXPIRING 11-OCT-2025 EX $0.04	2,500,000

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

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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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