AUSTAL LIMITED — Share Issue/Capital Change 2025

Mar 13, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

AUSTAL LIMITED

Announcement Type

New announcement

Date of this announcement

Friday March 14, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ASB	ORDINARY FULLY PAID	52,631,579	17/03/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

AUSTAL 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

ACN

Registration number

009250266

1.3 ASX issuer code

ASB

1.4 The announcement is

New announcement

1.5 Date of this announcement

14/3/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
11-Mar-2025 14:21	New - Proposed issue of securities -	A placement or other type of issue
	ASB

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? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Up to 5,263,157 ordinary shares will be issued under the security purchase plan (SPP) announced by ASB on 11 March 2025.

The SPP offer will open 18 March 2025 and is expected to close on 1 April 2025. Issue of shares under the SPP is expected to occur on 8 April 2025.

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details ASX +security code and description ASB : ORDINARY FULLY PAID Issue date 17/3/2025 Issue details Number of +securities to be quoted 52,631,579 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 3.80000000 Any other information the entity wishes to provide about the +securities to be quoted

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

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

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
ASB : ORDINARY FULLY PAID	415,916,886
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
ASBAB : SHARE RIGHTS	84,641
ASBAA : PERFORMANCE RIGHT	6,253,365

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

Appendix 2A - Application for quotation of securities

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