BEFOREPAY GROUP LIMITED — Share Issue/Capital Change 2024

Jan 11, 2024

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

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Announcement Summary

Entity name

BEFOREPAY GROUP LIMITED

Date of this announcement

Friday January 12, 2024

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
B4PAM	PERFORMANCE RIGHTS	1,234,568	12/01/2024

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

BEFOREPAY 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

633925505

1.3 ASX issuer code

B4P

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/1/2024

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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")

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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

B4PAM : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

12/1/2024

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
James Twiss James Twiss 1,234,568
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 Refer to the 2023 Notice of Annual General Meeting resolution 4 adoption of Equity Incentive Plan. The summary of the plan are set out in Annexure A https://announcements.asx.com.au/asxpdf/20231020/pdf/05w9mnf845sng3.pdf
Any other information the entity wishes to provide about the +securities the subject of this notification
The issue of Performance Rights to CEO, Jamie Twiss as incentive based remuneration under Equity Incentive Plan as
approved by shareholders at the AGM held on 22 November 2023. Refer to Resolution 5 https://announcements.asx.com. au/asxpdf/20231020/pdf/05w9mnf845sng3.pdf

Issue details

Number of +securities

1,234,568

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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
B4P : ORDINARY FULLY PAID	35,318,697
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
B4PAF : ORDINARY FULLY PAID RESTRICTED	11,633,064
B4PAI : OPTION EXPIRING 30-JUN-2024 RESTRICTED	1,706,800
B4PAJ : OPTION EXPIRING 01-AUG-2026 RESTRICTED	20,000
B4PAH : OPTION EXPIRING 27-JAN-2024 RESTRICTED	41,400
B4PAK : OPTION EXPIRING 01-JUL-2031 RESTRICTED	242,200
B4PAL : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	8,440,522
B4PAM : PERFORMANCE RIGHTS	2,387,391

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? 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

22/11/2023

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