CADOUX LIMITED — Capital/Financing Update 2023

Dec 26, 2023

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

CADOUX LIMITED

Date of this announcement

Wednesday December 27, 2023

The +securities the subject of this notification are:

==> picture [8 x 9] intentionally omitted <==

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	Class A performance rights	1,000,000	27/12/2023
to be confirmed
New class - code	Class C performance rights	1,000,000	27/12/2023
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 8

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

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

CADOUX 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

ABN

Registration number

85061289218

1.3 ASX issuer code

CCM

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

27/12/2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 8

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

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

==> picture [8 x 8] intentionally omitted <==

Other

Please specify

Issue Class A & C performance rights to MD, R Hill approved by shareholders at AGM held 28 Nov 2023

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

==> picture [8 x 9] intentionally omitted <==

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 8

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

==> picture [21 x 22] intentionally omitted <==

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

New +securities

==> picture [495 x 32] intentionally omitted <==

----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed Class A performance rights
----- End of picture text -----

ASX +security code New class - code to be confirmed	+Security description Class A performance rights
+Security type	ISIN code
Other
Date the +securities the subject of this	notification were issued
27/12/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02731389-6A1176818

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

Please provide any further information needed to understand the circumstances in which you are notifying the 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

Rights being issued following shareholder approval granted at the annual general meeting held 28 November 2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 8

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

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities

1,000,000

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Nil Purpose of the issue Other

Additional Details

To incentivise & remunerate Mr Hill as MD & considered appropriate for circumstances of the Company

New +securities

ASX +security code +Security description New class - code to be confirmed Class C performance rights

+Security type ISIN code Other

Date the +securities the subject of this notification were issued 27/12/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02731389-6A1176818

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

Please provide any further information needed to understand the circumstances in which you are notifying the 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

Rights being issued following shareholder approval granted at the annual general meeting held 28 November 2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 8

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

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities

1,000,000

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Nil

Purpose of the issue

Other

Additional Details

To incentivise & remunerate Mr Hill as MD & considered appropriate for circumstances of the Company

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 8

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

==> picture [21 x 22] intentionally omitted <==

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
CCM : ORDINARY FULLY PAID	366,517,589

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
CCMAI : PERFORMANCE RIGHTS CLASS B	1,000,000
CCMAJ : OPTION EXPIRING 29-NOV-2024 EX $0.209	3,000,000
New class - code to be confirmed : Class A performance rights	1,000,000
New class - code to be confirmed : Class C performance rights	1,000,000

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 8

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

==> picture [21 x 22] intentionally omitted <==

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

14

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

8 / 8