AUSQUEST LIMITED — Share Issue/Capital Change 2026

Feb 5, 2026

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

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Announcement Summary

Entity name

AUSQUEST LIMITED

Date of this announcement

Friday February 06, 2026

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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	Unquoted options, each exercisable at $0.0705	20,000,000	06/02/2026
to be confirmed	and expiring on 6 February 2029.

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

AUSQUEST 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 ABN 35091542451

1.3 ASX issuer code

AQD

1.4 The announcement is

New announcement

1.5 Date of this announcement

6/2/2026

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Appendix 3G - 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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
10-Dec-2025 19:27	New - Proposed issue of securities -	A placement or other type of issue
	AQD

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 6/2/2026 Any other information the entity wishes to provide about the +securities the subject of this notification The proposed issue of unquoted options to the Lead Manager was approved by shareholders at the General Meeting held on 4 February 2026 (Resolution 3).

Issue details

Number of +securities 20,000,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00001000

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

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

ASX +security code		+Security description
New class - code to be confirmed		Unquoted options, each exercisable at $0.0705 and expiring on 6 February 2029.
+Security type		ISIN code
Options
Date the +securities the subject of this notification were		issued
6/2/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Refer to the Notice of General Meeting lodged on 18 December 2025, specifically Schedule 1 for the terms of the Broker
Options.
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.07050000	6/2/2029
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
AQD : ORDINARY FULLY PAID

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

Upon exercise, each option converts to one fully paid ordinary share (ASX:AQD).

Issue details

Number of +securities 20,000,000

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Appendix 3G - 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 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
AQD : ORDINARY FULLY PAID	1,603,692,337

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
AQDAN : PERFORMANCE RIGHTS EXPIRING 30-NOV-2027	43,500,000
AQDAE : OPTION EXPIRING 30-NOV-2026 EX $0.03	35,700,000
AQDAM : OPTION EXPIRING 11-NOV-2027 EX $0.012	110,168,252
AQDAG : PERFORMANCE RIGHTS EXPIRING 03-JUN-2029	34,000,000
New class - code to be confirmed : Unquoted options, each exercisable at $0.0705 and	20,000,000
expiring on 6 February 2029.

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