ALCIDION GROUP LIMITED — Capital/Financing Update 2021

Dec 13, 2021

14 December 2021

==> picture [167 x 43] intentionally omitted <==

Australian Securities Exchange 20 Bridge Street, Sydney NSW 2000

Accelerated Non-renounceable Entitlement Offer – Retail Entitlement Offer

Offer Document and Shareholder Access Information

Melbourne, Australia – Alcidion Group Limited ( Alcidion or the Company ) announces that today, Tuesday 14 December 2021, is the Opening Date of the retail component of its Accelerated Non-Renounceable Entitlement Offer ( Retail Entitlement Offer ), and the Company will today issue relevant documents to Eligible Shareholders.

This announcement follows the Company’s notification to market on 7 December 2021 of the Retail Entitlement Offer.

A copy of the relevant documents Eligible Shareholders are to receive are enclosed with this notice, comprising:

• sample Covering Letter;

• Retail Entitlement Offer Booklet; and

• sample Retail Entitlement Offer Entitlement and Application Form.

Also accompanying this notice is a copy of the letter which will be dispatched today to Ineligible Shareholders.

Eligible Shareholders who have provided an email address for communications will receive an email containing a link to their individual Entitlement documents. Eligible Shareholders who have not provided an email address for communications will receive a hard copy personalised Covering Letter to their registered postal address, containing details of how to access their individual Entitlement documents.

The closing date of the Entitlement Offer is 5:00pm (AEDT) on Thursday, 23 December 2021. Alcidion reserves the right to vary the closing date without further notice.

Shareholders should consider the Retail Entitlement Offer Booklet in full before deciding whether to participate in the Retail Entitlement Offer.

Shareholders requiring information about the Retail Entitlement Offer may contact the Alcidion Entitlement Offer Information Line on 1300 556 161.

This announcement is authorised for release by the Company Secretary of Alcidion Group Limited.

-- ENDS --

For further information, please contact:

Kerstin Wahlqvist Investor Relations Manager Alcidion Ph: +61 402 088 303 kerstin.wahlqvist@alcidion.com

Alcidion Group Limited | Level 10 9 Yarra Street SOUTH YARRA VIC 3141 |+61 3 8060 6177 | www.alcidion.com

==> picture [110 x 30] intentionally omitted <==

About Alcidion Group Limited (ASX:ALC)

Alcidion Group Limited (Alcidion) has a simple purpose: to transform healthcare with proactive, smart, intuitive technology solutions that improve the efficiency and quality of patient care in healthcare organisations, worldwide.

Alcidion offers a complementary set of software products and technical services that create a unique offering in the global healthcare market. Based on the flagship product, Miya Precision, the solutions aggregate meaningful information to centralised dashboards, support interoperability, facilitate communication and task management in clinical and operational settings and deliver Clinical Decision Support at the point of care; all in support of Alcidion’s mission to improve patient outcomes.

Since listing on the ASX in 2011, Alcidion has acquired multiple healthcare IT companies and expanded its foothold in the UK, Australia and New Zealand to now service over 300 hospitals and 60 healthcare organisations, with further geographical expansion planned.

With over 20 years of healthcare experience, Alcidion brings together the very best in technology and market knowledge to deliver solutions that make healthcare better for everyone.

www.alcidion.com

Page 2