ARCHTIS LIMITED — Capital/Financing Update 2021

Jan 20, 2021

Appendix 2A Application for quotation of +securities

+Rule 2.7

Appendix 2A

Application for quotation of +securities

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

If you are an entity incorporated outside Australia and you are seeking quotation of a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

1.1	*Name of entity	archTIS Limited	archTIS Limited
	We (the entity here named) apply for_+_quotation
	of the following_+_securities and agree to the
	matters set out in Appendix 2A of the ASX
	Listing Rules.
1.2	*Registration type and number	ABN 79 123 098 671
	Please supply your ABN, ARSN, ARBN, ACN or
	another registration type and number (if you
	supply another registration type, please specify
	both the type of registration and the registration
	number).
1.3	*ASX issuer code	AR9
1.4	*This announcement is
	Tick whichever is applicable.	(X)	A new announcement
		( )	An update/amendment to a previous
			announcement
		( )	A cancellation of a previous
			announcement
1.4a	*Reason for update	N/A
1.4b	*Date of previous announcement to this update	N/A
1.4c	*Reason for cancellation	N/A
1.4d	*Date of previous announcement to this cancellation	N/A
1.5	*Date of this announcement	21 January 2021

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

Part 2 – Type of issue

– Type of issue
*The_+_securities to be quoted are:
Select whichever item is applicable.	( )	Being issued as part of a transaction or
If you wish to apply for quotation of different		transactions previously announced to
types of issues of securities, please complete a separate Appendix 2A for each type of issue.		the market in an Appendix 3B
	( )	Being issued under a +dividend or
		distribution plan
	(X)	Being issued as a result of options
		being exercised or other +convertible
		securities being converted
	( )	Unquoted partly paid +securities that
		have been paid up and are now quoted
		fully paid +securities
	( )	+Restricted securities where the
		escrow period has expired or is about
		to expire
	( )	+Securities previously issued under an
		+employee incentive scheme where
		the restrictions on transfer have
		ceased or are about to cease
	( )	+Securities issued under an
		+employee incentive scheme that are
		not subject to a restriction on transfer
		or that are to be quoted
		notwithstanding there is a restriction on
		transfer
	( )	Other
*Date of Appendix 3B notifying the market of the proposed issue of	N/A
securities for which quotation is now
being sought
*Are there any further issues of _+_securities yet to take place to	N/A
complete the transaction(s) referred to
in the Appendix 3B?

2.1 *The [+] securities to be quoted are:

2.2a.1 Date of Appendix 3B notifying the market of the proposed issue of securities for which quotation is now being sought 2.2a.2 Are there any further issues of + securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

2.2a.2.1	*Please provide details of the further issues of_+_securities yet to take place	N/A
	to complete the transaction(s) referred
	to in the Appendix 3B
	Please provide details of the proposed dates and
	number of securities for the further issues. This
	may be the case, for example, if the Appendix
	3B related to an accelerated pro rata offer with
	an institutional component being quoted on one
	date and a retail component being quoted on a
	later date.
2.2b.1	*Date of Appendix 3A.1 lodged with ASX in relation to the underlying	N/A
	+dividend or distribution
2.2b.2	*Does the_+_dividend or distribution plan meet the requirement of listing rule 7.2	N/A
	exception 4 that it does not impose a
	limit on participation?
	Note: Exception 4 only applies where security
	holders are able to elect to receive all of their
	dividend or distribution as securities. For
	example, Exception 4 would not apply in the
	following circumstances: 1) The entity has
	specified a dollar limit on the level of participation
	e.g. security holders can only participate to a
	maximum value of $x in respect of their
	entitlement. 2) The entity has specified a
	maximum number of securities that can
	participate in the plan e.g. security holders can
	only receive securities in lieu of dividend payable
	for x number of securities.
2.2c.1	Please state the number and type of options that were exercised or other _+_convertible securities that were	2,880,000 UNL OPT @ $0.12 EXP 01/02/21 ESC 24M FROM LISTING (ASX: AR902)
	converted (including their ASX security
	code)
2.2c.2	And the date the options were exercised or other_+_convertible	20 January 2021
	securities were converted
	Note: If this occurred over a range of dates,
	enter the date the last of the options was
	exercised or convertible securities was
	converted.
2.2d.1	Please state the number and type of partly paid_+_securities (including their	N/A
	ASX security code) that were fully paid
	up
2.2d.2	And the date the_+_securities were fully paid up	N/A
	Note: If this occurred over a range of dates,
	enter the date the last of the securities was fully
	paid up.

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

2.2e.1	Please state the number and type of _+_restricted securities (including their	N/A
	ASX security code) where the escrow
	period has expired or is about to expire
2.2e.2	And the date the escrow restrictions have ceased or will cease	N/A
	Note: If this occurred over a range of dates,
	enter the date the last of the escrow restrictions
	has ceased or will cease.
2.2f.1	Please state the number and type of _+_securities (including their ASX	N/A
	security code) previously issued under
	the_+_employee incentive scheme
	where the restrictions on transfer have
	ceased or are about to cease
2.2f.2	And the date the restrictions on transfer have ceased or will cease:	N/A
	Note: If this occurred over a range of dates,
	enter the date the last of the restrictions on
	transfer has ceased or will cease.
2.2g.1	Please state the number and type of _+_securities (including their ASX	N/A
	security code) issued under an
	_+_employee incentive scheme that are
	not subject to a restriction on transfer
	or that are to be quoted
	notwithstanding there is a restriction on
	transfer
2.2g.2	*Provide details of a url link for a document lodged with ASX detailing	N/A
	the terms of the_+_employee incentive
	scheme or a summary of the terms.
2.2g.3	*Are any of these_+securities being issued to+_key management personnel	N/A
	(KMP) or an_+_associate
2.2g.3.a	*Provide details of the recipients and the number of_+_securities issued to each of them.
	Name of KMP Name of registered holder		Number of
			+securities

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

2.2h.1	*Purpose of the issue
	Select one or more of the items in the list	( )	To raise additional working capital
		( )	To fund the retirement of debt
		( )	To pay for the acquisition of an asset
			[provide details below]
		( )	To pay for services rendered [provide
			details below]
		( )	Other [provide details below]
2.2h.2	*Please provide any further information needed to understand the	N/A
	circumstances in which you are
	applying to have these_+_securities
	quoted on ASX, including (if
	applicable) why the issue of the
	_+_securities has not been previously
	announced to the market in an
	Appendix 3B
	You must answer this question if your response
	to Q2.1 is "Other". If there is no other information
	to provide, please answer "Not applicable" or
	"N/A".
2.2i	*Are these_+securities being offered under a+_disclosure document or	No
	_+_PDS?
2.2i.1	*Date of_+disclosure document or +_PDS?	N/A
	Under the Corporations Act, the entity must
	apply for quotation of the securities within 7 days
	of the date of the disclosure document or PDS.
2.3	*The_+_securities to be quoted are:
	Tick whichever is applicable	(X)	Additional +securities in a class that is
			already quoted on ASX ("existing
			class")
		( )	New +securities in a class that is not
			yet quoted on ASX ("new class")

Part 3A – number and type of +securities to be quoted (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

3A.1 ASX security code & description N/A 3A.2 Number of [+] securities to be quoted N/A

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

Part 3B – number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

3B.1	*ASX security code & description	ORDINARY FULLY PAID SHARES (ASX: AR9)
3B.2	*Number of_+_securities to be quoted	2,880,000
3B.3a	*Will the_+_securities to be quoted rank equally in all respects from their issue	Yes
	date with the existing issued
	_+_securities in that class?
3B.3b	*Is the actual date from which the _+_securities will rank equally (non-	N/A
	ranking end date) known?
3B.3c	*Provide the actual non-ranking end date	N/A
3B.3d	*Provide the estimated non-ranking end period	N/A
3B.3e	*Please state the extent to which the _+_securities do not rank equally:	N/A
	in relation to the next dividend, distribution or •
	interest payment; or
	for any other reason •
	For example, the securities may not rank at all,
	or may rank proportionately based on the
	percentage of the period in question they have
	been on issue, for the next dividend, distribution
	or interest payment; or they may not be entitled
	to participate in some other event, such as an
	entitlement issue.

Part 3C – number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix 3B

3C.1	*Security description	N/A
3C.2	*Security type
	Select one item from the list that best describes	( )	Ordinary fully or partly paid
	the securities the subject of this form. This will determine more detailed questions to be asked		shares/units
	about the security later in this section. Select "ordinary fully or partly paid shares/units" for	( )	Options
	stapled securities or CDIs. For interest rate
	securities, please select the appropriate choice from either "Convertible debt securities" or "Non-	( )	+Convertible debt securities
	convertible debt securities". Select "Other" for
	performance shares/units and performance options/rights or if the selections available in the	( )	Non-convertible +debt securities
	list do not appropriately describe the security
	being issued.	( )	Redeemable preference shares/units
		( )	Other

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

3C.3	ISIN code	N/A
	Answer this question if you are an entity
	incorporated outside Australia and you are
	seeking quotation of a new class of securities
	other than CDIs. See also the note at the top of
	this form.
3C.4	*Number of +securities to be quoted	N/A
3C.5a	*Will all the_+_securities issued in this class rank equally in all respects from	N/A
	the issue date?
3C.5b	*Is the actual date from which the _+_securities will rank equally (non-	N/A
	ranking end date) known?
3C.5c	*Provide the actual non-ranking end date	N/A
3C.5d	*Provide the estimated non-ranking end period	N/A
3C.5e	*Please state the extent to which the _+_securities do not rank equally:	N/A
	in relation to the next dividend, distribution or •
	interest payment; or
	for any other reason •
	For example, the securities may not rank at all,
	or may rank proportionately based on the
	percentage of the period in question they have
	been on issue, for the next dividend, distribution
	or interest payment; or they may not be entitled
	to participate in some other event, such as an
	entitlement issue.
3C.6	Please attach a document or provide a url link for a document lodged with	N/A
	ASX setting out the material terms of
	the +securities to be quoted
	You may cross-reference a disclosure document,
	PDS, information memorandum, investor
	presentation or other announcement with this
	information provided it has been released to the
	ASX Market Announcements Platform.
3C.7	*Have you received confirmation from ASX that the terms of the_+_securities	N/A
	are appropriate and equitable under
	listing rule 6.1?
	Answer this question only if you are an ASX
	Listing. (ASX Foreign Exempt Listings and ASX
	Debt Listings do not have to answer this
	question).
	If your response is "No" and the securities have
	any unusual terms, you should approach ASX as
	soon as possible for confirmation under listing
	rule 6.1 that the terms are appropriate and
	equitable.

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

3C.8 *Provide a distribution schedule for the new_+securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new+securities held by the recipients in each category. _Number of +securities held Number of holders Total percentage of +securities held	3C.8 *Provide a distribution schedule for the new_+securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new+securities held by the recipients in each category. _Number of +securities held Number of holders Total percentage of +securities held	3C.8 *Provide a distribution schedule for the new_+securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new+securities held by the recipients in each category. _Number of +securities held Number of holders Total percentage of +securities held	3C.8 *Provide a distribution schedule for the new_+securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new+securities held by the recipients in each category. _Number of +securities held Number of holders Total percentage of +securities held
	Number of +securities held	Number of holders	Total percentage of +securities held

Answer this question only if you are an ASX Listing (ASX Foreign Exempt Listings and ASX Debt Listings do not have to answer this question) and the securities to be quoted have already been issued.

Note: if the securities to be quoted have not yet been issued, under listing rule 3.10.5, you will need to provide to ASX a list of the 20 largest recipients of the new +securities, and the number and percentage of the new +securities received by each of those recipients, and a distribution schedule for the securities when they are issued.

3C.9a Ordinary fully or partly paid shares/units details

• [+] Security currency N/A This is the currency in which the face amount of an issue is denominated. It will also typically be the currency in which distributions are declared. Will there be CDIs issued over the + securities? N/A CDI ratio N/A This is the ratio at which CDIs can be transmuted into the underlying security (e.g. 4:1 means 4 CDIs represent 1 underlying security whereas 1:4 means 1 CDI represents 4 underlying securities). Is it a partly paid class of [+] security? N/A Paid up amount: unpaid amount N/A The paid up amount represents the amount of application money and/or calls which have been paid on any security considered 'partly paid' The unpaid amount represents the unpaid or yet to be called amount on any security considered 'partly paid'. The amounts should be provided per the security currency (e.g. if the security currency is AUD, then the paid up and unpaid amount per security in AUD). *Is it a stapled [+] security? N/A This is a security class that comprises a number of ordinary shares and/or ordinary units issued by separate entities that are stapled together for the purposes of trading. * [+] Security currency N/A This is the currency in which the exercise price is payable.

3C.9b Option details

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

Exercise price N/A The price at which each option can be exercised and convert into the underlying security. The exercise price should be provided per the security currency (i.e. if the security currency is AUD, the exercise price should be expressed in AUD). Expiry date N/A The date on which the options expire or terminate. *Details of the number and type of + security (including its ASX security N/A code if the [+] security is quoted on ASX) that will be issued if an option is exercised For example, if the option can be exercised to receive one fully paid ordinary share with ASX security code ABC, please insert "One fully paid ordinary share (ASX:ABC)".

3C.9c Details of non-convertible +debt securities, +convertible debt securities, or redeemable preference shares/units

Refer to Guidance Note 34 and the "Guide to the Naming Conventions and Security Descriptions for ASX Quoted Debt and Hybrid Securities" for further information on certain terms used in this section

*Type of_+_security
Select one item from the list	( )	Simple corporate bond
	( )	Non-convertible note or bond
	( )	Convertible note or bond
	( )	Preference share/unit
	( )	Capital note
	( )	Hybrid security
	( )	Other
*_+_Security currency	N/A
This is the currency in which the face value of
the security is denominated. It will also typically
be the currency in which interest or distributions
are paid.
Face value	N/A
This is the principal amount of each security.
The face value should be provided per the
security currency (i.e. if security currency is AUD,
then the face value per security in AUD).

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

*Interest rate type
Select one item from the list	( )	Fixed rate
Select the appropriate interest rate type per the terms of the security. Definitions for each type	( )	Floating rate
are provided in the Guide to the Naming
Conventions and Security Descriptions for ASX Quoted Debt and Hybrid Securities	( )	Indexed rate
	( )	Variable rate
	( )	Zero coupon/no interest
	( )	Other
Frequency of coupon/interest
payments per year	( )	Monthly
Select one item from the list.
	( )	Quarterly
	( )	Semi-annual
	( )	Annual
	( )	No coupon/interest payments
	( )	Other
First interest payment date	N/A
Interest rate per annum	N/A
*Is the interest rate per annum estimated at this time?	N/A
If the interest rate per annum is estimated, then what is the date for this	N/A
information to be announced to the
market (if known)
Answer "Unknown" if the date is not known at
this time.
*Does the interest rate include a reference rate, base rate or market	N/A
rate (e.g. BBSW or CPI)?
*What is the reference rate, base rate or market rate?	N/A
*Does the interest rate include a margin above the reference rate, base	N/A
rate or market rate?

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

*What is the margin above the reference rate, base rate or market	N/A
rate (expressed as a percent per
annum)
*S128F of the Income Tax Assessment
Act status applicable to the_+_security	( )	s128F exempt
Select one item from the list
For financial products which are likely to give rise	( )	Not s128F exempt
to a payment to which s128F of the Income Tax
Assessment Act applies, ASX requests issuers to confirm the s128F status of the security:	( )	s128F exemption status unknown
"s128F exempt" means interest payments are not taxable to non-residents; •	( )	Not applicable
"Not s128F exempt" means interest •
payments are taxable to non-residents;
"s128F exemption status unknown" means •
the issuer is unable to advise the status;
"Not applicable" means s128F is not •
applicable to this security
*Is the_+_security perpetual (i.e. no maturity date)?	N/A
*Maturity date	N/A

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

Select other features applicable to the + security ( ) Simple Up to 4 features can be selected. Further information is available in the Guide to the ( ) Subordinated Naming Conventions and Security Descriptions for ASX Quoted Debt and Hybrid Securities. ( ) Secured ( ) Converting ( ) Convertible ( ) Transformable ( ) Exchangeable ( ) Cumulative ( ) Non-Cumulative ( ) Redeemable ( ) Extendable ( ) Reset ( ) Step-Down ( ) Step-Up ( ) Stapled ( ) None of the above Is there a first trigger date on which a N/A right of conversion, redemption, call or put can be exercised (whichever is first)? *If yes, what is the first trigger date N/A

Details of the number and type of + security (including its ASX + security code if the [+] security is quoted on ASX) that will be issued if the securities to be quoted are converted, transformed or exchanged

For example, if the security can be converted into 1,000 fully paid ordinary shares with ASX security code ABC, please insert "1,000 fully paid ordinary share (ASX:ABC)".

N/A

Part 4 - Issue details

4.1 *Have the [+] securities to be quoted been issued yet?

Yes

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

4.1a	*What was their date of issue?	19 & 20 January 2021
4.1b	*What is their proposed date of issue?	N/A
4.2	*Are the_+_securities to be quoted being issued for a cash consideration?	Yes
	If the securities are being issued for nil cash
	consideration, answer this question "No".
4.2a	*In what currency is the cash consideration being paid	AUD
	For example, if the consideration is being paid in
	Australian Dollars, state AUD.
4.2b	*What is the issue price per_+_security	$0.12
	Note: you cannot enter a nil amount here. If the
	securities are being issued for nil cash
	consideration, answer Q4.2 as "No" and
	complete Q4.2c and Q4.2d.
4.2c	Please describe the consideration being provided for the_+_securities to be	N/A
	quoted
4.2d	Please provide an estimate (in AUD) of the value of the consideration being	N/A
	provided per_+_security for the
	_+_securities to be quoted
4.3	Any other information the entity wishes to provide about the issue	N/A

Part 5 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

Note: the figures provided in the tables in sections 5.1 and 5.2 below are used to calculate the total market capitalisation of the entity published by ASX from time to time. Please make sure you include in the relevant table each class of securities issued by the entity.

If you have quoted CHESS Depository Interests (CDIs) issued over your securities, include them in the table in section 5.1 and include in the table in section 5.2 any securities that do not have CDIs issued over them (and therefore are not quoted on ASX). Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.

Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.	Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.	Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.
5.1 *Quoted +securities(total number of each_+class of +securities quoted on ASX following the +quotation of the +securities the subject of this application) _ASX security code and description Total number of +securities on issue ORDINARY FULLY PAID SHARES (ASX: AR9) 226,125,057
	ASX security code and description	Total number of +securities on issue
	ORDINARY FULLY PAID SHARES (ASX: AR9)	226,125,057

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

5.2 *Unquoted +securities (total number of each [+] class of +securities issued but not quoted on ASX):

*Unquoted +securities(total number of each_+_class quoted on ASX):	of +securities issued but not
ASX security code and description	Total number of +securities on issue
UNL OPT @ $0.10 EXP 10/10/22 (ASX: AR9O1)	420,000
UNL OPT @ $0.12 EXP 01/02/21 (ASX: AR9O2)	540,000
UNL OPT @ $0.20 EXP 01/07/23 (ASX: AR9O3)	1,200,000
ESOP @ $0.20 EXPIRING 05/07/2021 (ASX: AR9O4)	1,600,000
LEAD MANAGER OPT @ $0.24 EXP 4YRS (ASX: AR9O5)	1,365,000
UNL OPT @ $0.20 EXP 01/07/23 (ASX: AR9O7)	250,000
UNL OPT @ $0.20 EXP 13/02/23 (ASX: AR9O8)	540,000
UNL OPT @ $0.10 EXP 01/07/23 (ASX: AR9O9)	500,000

Part 6 - Other Listing Rule requirements

6.1	*Has the entity obtained, or is it obtaining,_+_security holder approval for	N/A
	the issue under listing rule 7.1?
6.1a	*Date of meeting or proposed meeting to approve the issue under listing rule	N/A
	7.1
6.1b	*Are any of the_+securities being issued without+_security holder	N/A
	approval using the entity's 15%
	placement capacity under listing rule
	7.1?
6.1b.1	*How many_+securities are being issued without+_security holder	N/A
	approval using the entity's 15%
	placement capacity under listing rule
	7.1?
	Please complete and separately send by email to
	your ASX listings adviser a work sheet in the
	form of Annexure B to Guidance Note 21
	confirming the entity has the available capacity
	under listing rule 7.1 to issue that number of
	securities.
6.1c	*Are any of the_+securities being issued without+_security holder	N/A
	approval using the entity's additional
	10% placement capacity under listing
	rule 7.1A (if applicable)?

• See chapter 19 for defined terms.

Appendix 2A Application for quotation of +securities

6.1c.1 *How many [+] securities are being issued without [+] security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A?

N/A

Please complete and separately send by email to your ASX listings adviser a work sheet in the form of Annexure C to Guidance Note 21 confirming the entity has the available capacity under listing rule 7.1A to issue that number of securities.

• See chapter 19 for defined terms.