BIOTRON LIMITED — Share Issue/Capital Change 2025

Dec 18, 2025

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

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Announcement Summary

Entity name

BIOTRON LIMITED

Date of this announcement

Friday December 19, 2025

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
BITO	OPTION EXPIRING 24-NOV-2027 DEFERRED	181,666,666	19/12/2025

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

BIOTRON 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 60086399144

1.3 ASX issuer code

BIT

1.4 The announcement is

New announcement

1.5 Date of this announcement

19/12/2025

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 2 - Issue details

2.1 The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

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 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

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: A transfer of existing +securities The underlying securities being received by the holder are: Already quoted by ASX Existing +securities converting into an existing class FROM (Existing Class) ASX +Security code and description BITAK : OPTION EXPIRING 24-NOV-2027 EX $0.02

TO (Existing Class)
ASX +Security code and description
BITO : OPTION EXPIRING 24-NOV-2027 DEFERRED
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	19/12/2025	19/12/2025
181,666,666
Is this all of the options or other +convertible securities on issue of that		type?
Yes
Were the options being exercised or	other +convertible securities being	converted issued under an +employee
incentive scheme?
No

Date the +securities the subject of this notification were issued/transferred 19/12/2025

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

Conversion of unquoted options to quoted options

Issue details

Number of +securities 181,666,666

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 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
BIT : ORDINARY FULLY PAID	2,193,912,509
BITN : ORDINARY FULLY PAID DEFERRED	508,777,573
BITO : OPTION EXPIRING 24-NOV-2027 DEFERRED	254,388,787

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
BITAF : PERFORMANCE SHARES	500,000
BITAK : OPTION EXPIRING 24-NOV-2027 EX $0.02	0

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

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