CANN GROUP LIMITED — Share Issue/Capital Change 2024

Nov 10, 2024

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

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Announcement Summary

Entity name

CANN GROUP LIMITED

Date of this announcement

Monday November 11, 2024

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

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	OPTION EXPIRING 11-NOV-2026 EX $0.225	13,471,734	11/11/2024
to be confirmed

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

CANN GROUP 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 ACN 603949739

1.3 ASX issuer code

CAN

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/11/2024

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
21-Nov-2023 10:14	New - Proposed issue of securities -	A placement or other type of issue
	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?

No

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

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

new unquoted class of security

Date the +securities the subject of this notification were issued

11/11/2024

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

The issue of these options to Obsidian Global GP, LLC as approved at the Annual General Meeting of the Company, held on 6 Nov 2024. REF: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02877546-3A654975

Issue details

Number of +securities

6,735,867

Were the +securities issued for a cash consideration?

No Please describe the consideration being provided for the +securities NIL

ASX +security code and description

new unquoted class of security

Date the +securities the subject of this notification were issued

11/11/2024

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

The issue of these options to Everblu Capital Pty Ltd as approved at the Annual General Meeting of the Company, held on 6 Nov 2024.

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

Issue details

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Number of +securities

6,735,867

Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

NIL

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

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Part 3C - number and type of +securities the subject of this notification (new class)

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ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 11-NOV-2026 EX $0.225
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+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
11/11/2024

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? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Refer to Resolutions 9 and 10 and Schedules 2 and 3 of Notice of Annual General Meeting, dated 3 Oct 2024 with URL: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02861979-3A652263

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.22500000	11/11/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CAN : ORDINARY FULLY PAID

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

Refer to Resolutions 9 and 10 and Schedules 2 and 3 of Notice of Annual General Meeting, dated 3 Oct 2024 with URL: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02861979-3A652263

Issue details

Number of +securities

13,471,734

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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
CAN : ORDINARY FULLY PAID	468,666,483
CANN : ORDINARY FULLY PAID DEFERRED	156,312,161
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	711,963
CANAN : OPTION EXPIRING 02-DEC-2026 DEFERRED	52,104,054
CANAC : PERFORMANCE RIGHTS	1,430,352
CANAH : OPTION EXPIRING 09-FEB-2028 EX VARIOUS	1,500,000
CANAG : ORDINARY FULLY PAID	270,000
CANAI : OPTION EXPIRING 04-APR-2028 EX $0.22	1,220,000
New class - code to be confirmed : OPTION EXPIRING 11-NOV-2026 EX $0.225	13,471,734

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

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

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