AUDINATE GROUP LIMITED — Share Issue/Capital Change 2021

Nov 28, 2021

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

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Announcement Summary

Entity name

AUDINATE GROUP LIMITED

Date of this announcement

Monday November 29, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
AD8AD	PERFORMANCE RIGHTS	205,764	29/11/2021

Refer to next page for full details of the announcement

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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

AUDINATE GROUP 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

618616916

1.3 ASX issuer code

AD8

1.4 The announcement is

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New announcement

1.5 Date of this announcement

29/11/2021

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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:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

AD8AD : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

29/11/2021

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
Aidan Williams	Aidan Williams	37,837
Rob Goss	CFO and Company Secretary	19,308

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 copy of the Long-Term Incentive Plan Rules were lodged with the ASX on 30 June 2017 - https://www.asx.com.au/asxp df/20170630/pdf/43k9q7l8cfkmc4.pdf - The Long-Term Incentive Plan Rules were re-affirmed at the 2020 Annual General Meeting held on 15 October 2020.

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

Performance Rights are convertible into fully paid ordinary shares (ASX:AD8) in the company upon satisfying service and non-market conditions.

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

Issue details

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Number of +securities

205,764

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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
AD8 : ORDINARY FULLY PAID	76,946,232
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
AD8AC : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	222,200
AD8AD : PERFORMANCE RIGHTS	921,078

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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