ARCHER MATERIALS LIMITED — Share Issue/Capital Change 2022

Aug 28, 2022

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

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Announcement Summary

Entity name

ARCHER MATERIALS LIMITED

Date of this announcement

Monday August 29, 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
AXEAF	OPTION EXPIRING 31-MAY-2025 EX $1.79	1,500,000	29/08/2022

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

ARCHER MATERIALS LIMITED

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

1.2 Registered number type

ACN

Registration number

123993233

1.3 ASX issuer code

AXE

1.4 The announcement is

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New announcement

1.5 Date of this announcement

29/8/2022

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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:

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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

AXEAF : OPTION EXPIRING 31-MAY-2025 EX $1.79

Date the +securities the subject of this notification were issued 29/8/2022 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? No 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 Refer to the Notice of Annual General Meeting dated 25 October 2021 https://www.asx.com.au/asxpdf/20211025/pdf/4522693yjcpgth.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Unlisted options, exercisable at $1.79 each and expiring on 31 May 2025. Options vest 50% on 31 May 2023 and 50% on 31 May 2024.

Issue details

Number of +securities

1,500,000

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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 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
AXE : ORDINARY FULLY PAID	248,467,207
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
AXEAA : OPTION EXPIRING 31-MAR-2023 EX $0.1511	9,300,000
AXEAE : OPTION EXPIRING 31-MAR-2024 EX $0.7277	1,500,000
AXEAF : OPTION EXPIRING 31-MAY-2025 EX $1.79	25,550,000

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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