BOTANIX PHARMACEUTICALS LTD — Share Issue/Capital Change 2023

Nov 30, 2023

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

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Announcement Summary

Entity name

BOTANIX PHARMACEUTICALS LTD

Date of this announcement

Friday December 01, 2023

The +securities the subject of this notification are: Other

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 exercisable at $0.195 each,	2,000,000	01/12/2023
to be confirmed	expiring on 1/12/25 (2 years from date of issue)

Refer to next page for full details of the announcement

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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

BOTANIX PHARMACEUTICALS LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

70009109755

1.3 ASX issuer code

BOT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/12/2023

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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:

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Other

Please specify

2M options exercisable at $0.195 each, expiring on 1/12/25 and included in the 27/11/23 Appendix 3B.

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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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unquoted options exercisable at $0.195 each, expiring on
1/12/25 (2 years from date of issue)
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
1/12/2023
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 Appendix 3B - https://announcements.asx.com.au/asxpdf/20231127/pdf/05xts6z9gj32sl.pdf and placement ASX
announcement - https://announcements.asx.com.au/asxpdf/20231127/pdf/05xts0yb01q02j.pdf
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.19500000 1/12/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
BOT - fully paid ordinary shares.
Any other information the entity wishes to provide about the +securities the subject of this notification
2M options exercisable at $0.195 each, expiring on 1/12/25 being 2 years from date of issue which were included in the
Appendix 3B released to ASX on 27 November 2023.
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Please provide any further information needed to understand the circumstances in which you are notifying the

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

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issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The 2M options exercisable at $0.195 each, expiring on 1/12/25 being 2 years from date of issue were included in the Appendix 3B released to ASX on 27 November 2023.

Issue details

Number of +securities

2,000,000

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 Purpose of the issue To pay for services rendered Additional Details

Part consideration of Lead Manager and Bookrunner services provided in relation to the Placement.

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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 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
BOT : ORDINARY FULLY PAID	1,437,298,487
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
BOTAAD : PERFORMANCE RIGHTS	63,333,335
BOTAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	45,940,317
BOTAAC : OPTION EXPIRING 14-APR-2025 EX $0.072	10,000,000
BOTAAB : OPTION EXPIRING 22-MAR-2025 EX $0.094	4,000,000
BOTAAE : OPTION EXPIRING 13-MAR-2026 EX $0.078	8,500,000
BOTAAF : OPTION EXPIRING 27-JUL-2025 EX $0.18	6,000,000
BOTAAG : OPTION EXPIRING 12-SEP-2026 EX $0.105	2,450,000
BOTAF : OPTION EXPIRING 7-OCT-2024 EX $0.089	10,000,000
New class - code to be confirmed : Unquoted options exercisable at $0.195 each, expiring	2,000,000
on 1/12/25 (2 years from date of issue)

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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,000,000 unquoted options.

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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