AROA BIOSURGERY LIMITED — Share Issue/Capital Change 2021

Aug 18, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

AROA BIOSURGERY LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday August 19, 2021

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ARX	ORDINARY FULLY PAID	102,400	19/08/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

AROA BIOSURGERY LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ARBN

Registration number 638867473

1.3 ASX issuer code

ARX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

19/8/2021

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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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

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description ARXAA : OPTION EXPIRING 23-JUL-2025 EX 75C

TO (Existing Class) ASX +security code and description

ARX : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 19/8/2021 102,400

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
James McLean	James McLean	102,400

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

19/8/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 102,400 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.75000000 Any other information the entity wishes to provide about the +securities to be quoted Exercise of 102,400 ARXAA unlisted options at an exercise price of AU$0.75 on a cash settled basis

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
ARX : ORDINARY FULLY PAID	341,521,859
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
ARXAD : OPTION EXPIRING 30-SEP-2025 EX $1.34	1,753,200
ARXAA : OPTION EXPIRING 23-JUL-2025 EX 75C	5,774,575
ARXAB : OPTION EXPIRING 01-OCT-2028 EX 10C	2,447,700
ARXAC : OPTION EXPIRING 30-NOV-2029 EX 11C	1,275,000
ARXAE : OPTION EXPIRING 31-MAR-2026 EX $1.15	350,000
ARXAW : OPTION EXPIRING 28-JUN-2026 EX $1.06	2,535,000

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

Application for quotation of +securities

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