CANN GROUP LIMITED — Share Issue/Capital Change 2023

Aug 31, 2023

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 September 01, 2023

The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
CAN	ORDINARY FULLY PAID	200,000	01/09/2023

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

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

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New announcement

1.5 Date of this announcement

1/9/2023

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of transfer restrictions ceasing on an existing class

FROM (Existing Class) ASX +security code and description CANAG : ORDINARY FULLY PAID

TO (Existing Class) ASX +security code and description CAN : ORDINARY FULLY PAID

Please state the number of +securities previously issued under the	And the date the restrictions on
+employee incentive scheme where the restrictions on transfer have ceased	transfer have ceased or will cease
or are about to cease
200,000	31/8/2023

Issue date

1/9/2023

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

200,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Securities issued following the conversion of performance rights to ordinary shares after the performance conditions were met.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.130000

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

The plan shares were issued pursuant to the Company's Long Term Incentive Plan, details of which are set out at page 21 of the Company's Notice of Annual General Meeting dated 22 October 2020 (https://investors.canngrouplimited.com/in vestors/?page=asx-announcements).

The Plan shares are ordinary shares and as the recipient has left the employ of the Company, they are not subject to any transfer restrictions.

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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

	Total number of
ASX +security code and description	+securities on issue
CAN : ORDINARY FULLY PAID	426,004,085

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
CANAC : PERFORMANCE RIGHTS	2,930,858
CANAH : OPTION EXPIRING 09-FEB-2028 EX VARIOUS	4,500,000
CANAG : ORDINARY FULLY PAID	270,000
CANAI : OPTION EXPIRING 04-APR-2028 EX $0.22	1,560,000

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