CLEARVUE TECHNOLOGIES LIMITED — Share Issue/Capital Change 2023

Jul 11, 2023

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

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Announcement Summary

Entity name

CLEARVUE TECHNOLOGIES LIMITED

Date of this announcement

Wednesday July 12, 2023

The +securities the subject of this notification are: 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	Unlisted options	500,000	12/07/2023
to be confirmed
New class - code	Unlisted options	500,000	12/07/2023
to be confirmed
New class - code	Unlisted options	500,000	12/07/2023
to be confirmed
New class - code	Unlisted options	500,000	12/07/2023
to be confirmed
New class - code	Unlisted options	1,000,000	12/07/2023
to be confirmed

Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details

1.1 Name of entity

CLEARVUE TECHNOLOGIES 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

ACN

Registration number

071397487

1.3 ASX issuer code

CPV

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/7/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Relates to the Appendix 3B that was issued by the Company on 25 May 2023. CEO options.

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

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

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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 ASX +security code +Security description New class - code to be confirmed Unlisted options +Security type ISIN code Options Date the +securities the subject of this notification were issued 12/7/2023 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? No 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/2924-02668595-6A1151212?access_token=8 3ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.24750000 12/7/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Fully paid ordinary shares Any other information the entity wishes to provide about the +securities the subject of this notification

Options vest where the Share Price for Company Shares reaches AUD $1.00 and maintains a volume weighted average price of AUD $1.00 per Share for at least 30 days within and during the defined Milestone Period.

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

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the market in an Appendix 3B

See Appendix 3B issued by the Company on 25 May 2023.

Issue details

Number of +securities 500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued to CEO, Mr Martin Deil, as incentive. Purpose of the issue Other Additional Details Issued to CEO, Mr Martin Deil, as incentive. New +securities ASX +security code +Security description New class - code to be confirmed Unlisted options +Security type ISIN code Options Date the +securities the subject of this notification were issued 12/7/2023 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? No 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/2924-02668595-6A1151212?access_token=8 3ff96335c2d45a094df02a206a39ff4

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Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.24750000 12/7/2025

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

Other

Description

Fully paid ordinary shares

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

Options vest where the CEO introduces a strategic alliance partner¿ or astrategic investor¿ (defined in the offer) to the Company and procure a Strategic Alliance¿ or aStrategic Investment¿ (defined in the offer) during the defined Milestone Period.

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

See Appendix 3B issued by the Company on 25 May 2023.

Issue details

Number of +securities

500,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued to CEO, Mr Martin Deil, as incentive.

Purpose of the issue

Other

Additional Details

Issued to CEO, Mr Martin Deil, as incentive.

New +securities

ASX +security code

New class - code to be confirmed

+Security description

Unlisted options

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+Security type

ISIN code

Options

Date the +securities the subject of this notification were issued

12/7/2023

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? No

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/2924-02668595-6A1151212?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.24750000 12/7/2025

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

Other

Description

Fully paid ordinary shares

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

Options vest where the Share Price for the Shares reaches AUD $1.50 and maintains a volume weighted average price of AUD $1.50 per Share for at least 30 days within and during the defined Milestone Period.

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

See Appendix 3B issued by the Company on 25 May 2023.

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Issue details

Number of +securities 500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued to CEO, Mr Martin Deil, as incentive. Purpose of the issue Other Additional Details Issued to CEO, Mr Martin Deil, as incentive.

New +securities ASX +security code +Security description New class - code to be confirmed Unlisted options +Security type ISIN code Options Date the +securities the subject of this notification were issued 12/7/2023 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? No 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/2924-02668595-6A1151212?access_token=8 3ff96335c2d45a094df02a206a39ff4

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Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.24750000 12/7/2025

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

Other

Description

Fully paid ordinary shares

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

Options vest where the CEO introduces to the Company and secures a `Commercial Deployment¿ (as defined) during the defined Milestone Period.

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

See Appendix 3B issued by the Company on 25 May 2023.

Issue details

Number of +securities

500,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued to CEO, Mr Martin Deil, as incentive.

Purpose of the issue

Other

Additional Details

Issued to CEO, Mr Martin Deil, as incentive.

New +securities

ASX +security code +Security description New class - code to be confirmed Unlisted options

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+Security type ISIN code Options

Date the +securities the subject of this notification were issued 12/7/2023

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? No

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/2924-02668595-6A1151212?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.24750000 12/7/2025

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

Other

Description

Fully paid ordinary shares

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

Options vest where the CEO is able to assist the Company to complete an up-listing of its OTCQB US listing onto the main US board of the NASDAQ or NYSE within the defined Milestone Period, or have commenced such process within the defined Milestone Period and such up-listing is completed within a further six (6) months after the end of the defined Milestone Period.

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

See Appendix 3B issued by the Company on 25 May 2023.

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Issue details

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Number of +securities

1,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued to CEO, Mr Martin Deil, as incentive. Purpose of the issue Other

Additional Details

Issued to CEO, Mr Martin Deil, as incentive.

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Part 4 - +Securities on issue

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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
CPV : ORDINARY FULLY PAID	217,171,757
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
CPVAK : OPTION EXPIRING 30-NOV-2024 EX $0.30	3,000,000
CPVAL : OPTION EXPIRING 30-NOV-2025 EX $0.40	2,500,000
CPVAM : OPTION EXPIRING 30-NOV-2026 EX $0.50	3,000,000
CPVAF : OPTION EXPIRING 11-JUL-2024 EX $0.1425	1,750,000
CPVAH : PERFORMANCE RIGHTS	10,000,000
CPVAG : OPTION EXPIRING 22-DEC-2023 EX $0.25	800,000
CPVAJ : OPTION EXPIRING 02-FEB-2024 EX $0.37	3,000,000
CPVAI : OPTION EXPIRING 30-JUN-2024 EX $0.75	2,000,000
New class - code to be confirmed : Unlisted options	500,000
New class - code to be confirmed : Unlisted options	500,000
New class - code to be confirmed : Unlisted options	500,000
New class - code to be confirmed : Unlisted options	500,000
New class - code to be confirmed : Unlisted options	1,000,000

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

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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

13

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