CANN GROUP LIMITED — Capital/Financing Update 2024

Dec 5, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

CANN GROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Friday December 06, 2024

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
CAN	ORDINARY FULLY PAID	5,675,343	05/12/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

CANN GROUP LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number

603949739

1.3 ASX issuer code

CAN

1.4 The announcement is

New announcement

1.5 Date of this announcement

6/12/2024

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 25-Oct-2024 09:24 Update - Update - Proposed issue of A standard +pro rata issue (non-renounceable) securities - CAN

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Alpine Capital Pty Ltd have been appointed to place the shortfall from the Offer together with the Company. The Shortfall Placement will now be offered to professional and sophisticated investors.

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description CAN : ORDINARY FULLY PAID

Issue date

5/12/2024

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held For example, to enter a value of 50% please input as 50.00

Number of +securities held Number of holders 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

5,675,343

Issue currency

AUD - Australian Dollar

Issue price or consideration per +security

AUD 0.04000000

Any other information the entity wishes to provide about the +securities to be quoted

Issue is part of the Shortfall Placement pursuant to the Prospectus and Supplementary Prospectus. The funds raised from this issue are being used specifically to retire a short term loan + interest, as per the use of proceeds schedule.

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
CAN : ORDINARY FULLY PAID	535,816,077
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
CANAK : OPTION EXPIRING 01-FEB-2025 EX $0.22	18,569,840
CANAL : CONVERTIBLE NOTES	536,963
CANAN : OPTION EXPIRING 02-DEC-2026 EX $0.08	16,908,450
CANAP : OPTION EXPIRING 31-OCT-2029 EX $0.08	1,200,000
CANAQ : OPTION EXPIRING 30-JUN-2029 EX $0.06	5,375,001
CANAR : OPTION EXPIRING 30-JUN-2029 EX $0.08	5,375,001
CANAS : OPTION EXPIRING 30-JUN-2029 EX $0.10	5,374,998
CANAC : PERFORMANCE RIGHTS	1,430,352
CANAH : OPTION EXPIRING 09-FEB-2028 EX VARIOUS	1,500,000
CANAG : ORDINARY FULLY PAID	270,000
CANAO : OPTION EXPIRING 11-NOV-2026 EX $0.225	13,471,734
CANAI : OPTION EXPIRING 04-APR-2028 EX $0.22	1,220,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Appendix 2A - Application for quotation of securities

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