ALCIDION GROUP LIMITED — Capital/Financing Update 2021

Apr 21, 2021

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22 April 2021

Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

Share Purchase Plan – Cleansing Notice

Melbourne, Victoria - On 15 April 2021, Alcidion Group Limited (ASX:ALC) ( Company ) announced its intention to conduct a Share Purchase Plan to raise up to $2,500,000, pursuant to which eligible shareholders will have the opportunity to acquire up to A$30,000 worth of fully-paid ordinary shares in the Company ( Shares ) at a subscription price of $0.32 per Share ( SPP Offer ).

The SPP Offer will open on 22 April 2021 and will be made in accordance with the ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( Instrument ). It is a requirement of the Instrument that the Company give ASX this notice within the 24 hour period prior to making the SPP offer.

The Company advises that:

• (a) it will make the SPP Offer without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is being given under section 7(f)(ii) of the Instrument;

• (c) as at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Act, as they apply to the Company; and

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no information that is “excluded information” within the meanings of sections 708A(7) and 708A(8) of the Act.

ENDS

For further information, please contact:

Kyahn Williamson

WE Communications Ph: +61 401 018 828 kwilliamson@we-worldwide.com

About Alcidion

Alcidion (ASX:ALC) has a simple purpose: to transform healthcare with smart, intuitive technology solutions that meet the needs of hospital and allied healthcare, worldwide. It offers a complementary set of software products and services that create a unique offering in the global healthcare market; solutions that support interoperability, allow communication and task management, and deliver clinical decision support at the point of care to improve patient outcomes. In 2017 Alcidion acquired

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

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Oncall System and its Smartpage clinical communication system. In 2018 it acquired the Patientrack bedside patient monitoring software and MKM Health, an IT solutions and services provider. These offerings now operate under the Alcidion brand. With over 25 years of combined 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

© Alcidion Group Limited 2021. Alcidion, Miya Precision, Patientrack and Smartpage are registered trademarks. All other brands and product names and trademarks are the registered property of their respective companies.

This announcement is authorised for release by the Board of Directors of Alcidion Limited.

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