ASTRON LIMITED — Share Issue/Capital Change 2025

Apr 14, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

ASTRON CORPORATION LIMITED

Date of this announcement

Tuesday April 15, 2025

The +securities the subject of this notification are:

+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
New class - code	ATRPR1: Non-Executive Director Performance	2,000,000	20/12/2024
to be confirmed	Rights

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

ASTRON CORPORATION 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 Registration number ARBN 154924553

1.3 ASX issuer code

ATR

1.4 The announcement is

New announcement

1.5 Date of this announcement

15/4/2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+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:

does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code New class - code to be confirmed	+Security description ATRPR1: Non-Executive Director Performance Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

20/12/2024

Will all the +securities issued in this class rank equally in all respects from their issue date? 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.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
George Lloyd	Jojeto Pty Ltd	800,000
Mark Elliott	Elliott Nominees Pty Ltd Exploration S/F A/C>	400,000
Gerard King	Pandora Nominees Pty Ltd	400,000
Kang Rong	Mme Kang Rong	400,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

A summary of the key terms of the performance rights issued under the Performance Rights Plan is included in the Astron - Corporation Limited 2024 Notice of Annual General Meeting, released to the ASX on 13 November 2024: https://cdn api. markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02880288-2A1561874&v=7bc42bd11d853ed5e8c28f2f fcd6a069ee5cd6b4

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

A summary of the Performance Rights Plan is included in the Astron Corporation Limited 2024 Notice of Annual General Meeting, released to the ASX on 13 November 2024: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research /1.0/file/2924-02880288-2A1561874&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4

Any other information the entity wishes to provide about the +securities the subject of this notification

The performance rights, the subject of this announcement, were approved by the Company's shareholders on 5 December 2024. For further information, see the Company's ASX announcement dated 15 April 2025 titled 'Issue of - - Unquoted Securities and Capital Structure Confirmation' available at: https://cdn api.markitdigital.com/apiman gateway/A SX/asx-research/1.0/file/2924-02936614-2A1591525&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

2,000,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
ATR : CHESS DEPOSITARY INTERESTS 1:1	208,787,397

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
ATRAF : OPTION EXPIRING 22-NOV-2025 EX $0.7725	800,000
ATRAG : OPTION EXPIRING 01-OCT-2025 EX $0.90	600,000
New class - code to be confirmed : ATRPR1: Non-Executive Director Performance Rights	2,000,000

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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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