Being AI Limited — Share Issue/Capital Change 2024

Oct 18, 2024

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Capital Change Notice

Updated as at June 2023

Section 1: Issuer information
Name of issuer	Being AI Limited
NZX ticker code	BAI
Class of financial product	Ordinary Shares
ISIN (If unknown, check on NZX website)	NZECHE0001S8
Currency	NZD
Section 2: Capital change details
Number issued	92,314
Nominal value (if any)	Not applicable
Issue price per security	$0.60
Nature of the payment (for example, cash or otherconsideration)	Cash
Amount paid up (if not in full)	Paid in full
Percentage of total class of Financial Products issued(calculated on the number of Financial Products of the Class,excluding any Treasury Stock, in existence)	0.049%
For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversionprice and Conversion date and the ranking of the FinancialProduct in relation to other Classes of Financial Product) or theOption (for example, the exercise price and exercise date)	Not applicable
Reason for issue and specific authority for issue (the reasonfor change must be identified here)	Further allotment of sharesunder the General Offer forpart shortfall allotment in BAI’sShare Purchase Plan offerdated 12 September 2024.
Total number of Financial Products of the Class after the issue(excluding Treasury Stock) and the total number of FinancialProducts of the Class held as Treasury Stock after the issue.	187,371,901 ordinary sharesNo Treasury Stock
In the case of an acquisition of shares, whether those sharesare to be held as treasury stock	Not applicable
Specific authority for the issue, including a reference to therule pursuant to which the issue is made	Board resolution and directors’certificate required by section47(2) of the Companies Act1993. NZX Listing Rule 4.5.1
Terms or details of the issue (for example: restrictions, escrowarrangements)	Shares to rank equally with allexisting fully paid ordinaryshares in BAI.
Date of issue	18 October 2024

	Section 3: Authority for this announcement and contact person	Section 3: Authority for this announcement and contact person	Section 3: Authority for this announcement and contact person
			ean Joyce
	Name of person authorised to make this announcement	S
			ean Joyce
	Contact person for this announcement	S
	Contact phone number	+64 21 865 704
	Contact email address	sean@corporate-counsel.co.nz
	Date of release through MAP	18 October 2024