CANN GROUP LIMITED — Share Issue/Capital Change 2026

Mar 17, 2026

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

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

Announcement Summary

Entity name

CANN GROUP LIMITED

Date of this announcement

Wednesday March 18, 2026

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	Convertible Notes	527,100	18/03/2026
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

1 / 9

Appendix 3G - 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

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

18/3/2026

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

2 / 9

Appendix 3G - 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:

+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
16-Mar-2026 14:26	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

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

3 / 9

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

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

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 18/3/2026 Any other information the entity wishes to provide about the +securities the subject of this notification The securities are being issued as Placement Shares pursuant to a convertible securities agreement announced to market 16 March 2026.

Issue details

Number of +securities 527,100 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 1.42290000

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

4 / 9

Appendix 3G - 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)

==> picture [495 x 251] intentionally omitted <==

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

ASX +security code +Security description
New class - code to be confirmed Convertible Notes
+Security type ISIN code
+Convertible debt securities
Date the +securities the subject of this notification were issued
18/3/2026
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.
The securities are being issued pursuant to a convertible securities agreement announced to
market 16 March 2026.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03068768-3A689507&v=undefined
----- End of picture text -----

+Convertible debt securities Details

Type of +security Convertible note or bond +Security currency Face value Interest rate type USD - US Dollar USD 1.15000000 Zero coupon/no interest Frequency of coupon/interest payments per year No coupon/interest payments s128F of the Income Tax Assessment Act status applicable to the +security s128F exempt Is the +security perpetual (i.e. no maturity)? Maturity date No 16/9/2027 Select other feature(s) applicable to the +security None of the above Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is first)? No Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged CAN : ORDINARY FULLY PAID

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

5 / 9

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

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

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

Issue details

Number of +securities

527,100

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

6 / 9

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

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

==> picture [540 x 710] intentionally omitted <==

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

7 / 9

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

Part 4 - +Securities on issue

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

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	1,588,366,665
CANO : OPTION EXPIRING 15-JUN-2026	830,217,391
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
CANAN : OPTION EXPIRING 02-DEC-2026 EX $0.08	18,799,046
CANAP : OPTION EXPIRING 31-OCT-2029 EX $0.08	1,200,000
CANAQ : OPTION EXPIRING 30-JUN-2029 EX $0.06	4,875,001
CANAZ : OPTION EXPIRING 04-JUN-2027 EX $0.03	49,376,573
CANAR : OPTION EXPIRING 30-JUN-2029 EX $0.08	4,875,001
CANAS : OPTION EXPIRING 30-JUN-2029 EX $0.10	4,874,998
CANAC : PERFORMANCE RIGHTS	554,466
CANAO : OPTION EXPIRING 11-NOV-2026 EX $0.225	13,471,734
CANAV : OPTION EXPIRING 02-JUN-2027 EX $0.0573	1,746,147
CANAW : OPTION EXPIRING 02-JUN-2027 EX $0.0508	7,924,832
CANAAA : OPTION EXPIRING 24-DEC-2027 EX $0.023	29,723,666
CANAAB : OPTION EXPIRING 24-DEC-2027 EX $0.0146	63,439,600
CANAI : OPTION EXPIRING 04-APR-2028 EX $0.22	800,000
CANAA : OPTION EXPIRING 30-JUN-2030 EX $0.014	3,000,000

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

8 / 9

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

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

CANAB : OPTION EXPIRING 30-JUN-2030 EX $0.023	3,000,000
CANAD : OPTION EXPIRING 30-JUN-2030 EX $0.035	3,000,000
CANAE : OPTION EXPIRING 31-OCT-2030 EX $0.023	1,200,000
New class - code to be confirmed : Convertible Notes	527,100

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

9 / 9