ASSET VISION CO LTD — Director's Dealing 2022

Nov 29, 2022

Suite 4, 799 Springvale Road Mulgrave, Victoria Australia, 3170

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www.futurefirsttech.io

1800 338 279

30 November 2022

ASX ANNOUNCEMENT

Unlisted Options, Appendix 3G and Appendix 3Y

Future First Technologies Ltd (ASX: FFT) ( FFT or the Company ) advises that it has issued a combined total of 20,000,000 Unlisted Options to the Directors in line with shareholder approval obtained at the General Meeting of shareholders held on 18 November 2022:

• a) 10,000,000 options with an exercise price of five cents ($0.05) with a two-year expiry;

• b) 10,000,000 options with an exercise price of ten cents ($0.10) with a three-year expiry; and

• c) The options will be exercisable in 2 tranches of 10,000,000 each on, as to the options exercisable for $0.05 on or before 14 August 2024, and as to the options exercisable for $0.10 on or before 14 August 2025.

The options are issued as part of an initiative to encourage long-term retention of Directors along with the alignment of the interests of delivering shareholder returns.

The corresponding Appendix 3G and 3Y’s are attached to this announcement.

This announcement has been authorised for release by FFT’s Board of Directors.

END

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

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Announcement Summary

Entity name

FUTURE FIRST TECHNOLOGIES LTD

Date of this announcement

Wednesday November 30, 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
FFTAB	OPTION EXPIRING VARIOUS DATES EX	20,000,000	30/11/2022
	VARIOUS PRICES

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

FUTURE FIRST TECHNOLOGIES LTD

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

1.2 Registered number type

ABN

Registration number

50164718361

1.3 ASX issuer code

FFT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/11/2022

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

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")

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 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

FFTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

30/11/2022

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP Name of registered holder Number of +securities
Scott Coles Scott Coles 20,000,000
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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02584312-3A604884?access_token=83 ff96335c2d45a094df02a206a39ff4
Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

20,000,000

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 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
FFT : ORDINARY FULLY PAID	679,724,800
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
FFTAD : OPTION EXPIRING 14-MAY-2025 EX $0.05	14,000,000
FFTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	80,040,000

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

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 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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

18/11/2022

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

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

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.

Introduced 30/09/01 Amended 01/01/11

Name of entity:	FUTURE FIRST TECHNOLOGIES LIMITED
ABN:	50 164 718 361

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Scott Coles
Date of last notice	15 August 2022

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Scott Coles
Date of change	30 November 2022
No. of securities held prior to change	Nil
Class	Fully Paid Ordinary Shares and Unlisted Options
Number acquired	Direct – 20,000,000 Unlisted Options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Unlisted Options issued pursuant to Employee & Directors’ Benefit Plan and as approved at the General Meeting 18 November 2022

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct – 20,000,000 Unlisted Options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Issue of securities under terms of appointment as a Non-executive Director of the Company and pursuant to Employee & Directors’ Benefit Plan as approved at the General Meeting 26 October 2020

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	**N/A **
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
**Date of change **	**N/A **
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	**N/A **
Interest disposed	**N/A **
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
**Interest after change **	**N/A **

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011