CONICO LTD — Share Issue/Capital Change 2022

May 5, 2022

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

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Announcement Summary

Entity name

CONICO LTD

Date of this announcement

Friday May 06, 2022

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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 03-MAY-2025 EX $0.016	1,000,000	06/05/2022
to be confirmed

Refer to next page for full details of the announcement

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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

CONICO LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

49119057457

1.3 ASX issuer code

CNJ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

6/5/2022

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed OPTION EXPIRING 03-MAY-2025 EX $0.016+Security type ISIN codeOptionsDate the +securities the subject of this notification were issued6/5/2022Will all the +securities issued in this class rank equally in all respects from their issue date?YesWere any of the +securities issued to +key management personnel (KMP) or an +associate?NoHave you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?NoPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Refer announcement released today.Options Details+Security currency Exercise price Expiry dateAUD - Australian Dollar AUD 0.01600000 3/5/2025Details of the existing class of +security that will be issued upon exercise or conversion of this new class ofcompany optionOtherDescriptionCNJ - Fully paid ordinary share----- End of picture text -----

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02296922

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

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Issue details

Number of +securities

1,000,000

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Part 4 - +Securities on issue

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
CNJ : ORDINARY FULLY PAID	1,150,247,105
CNJN : ORDINARY FULLY PAID DEFERRED	191,707,851
CNJO : OPTION EXPIRING 31-DEC-2026 DEFERRED	95,853,925
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
CNJAA : OPTION EXPIRING 24-NOV-2023 EX $0.04	8,500,000
CNJAC : OPTION EXPIRING 15-JAN-2024 EX $0.04	2,300,000
CNJAS : OPTION EXPIRING 30-NOV-2024 EX $0.10	33,500,000
CNJAM : OPTION EXPIRING 21-SEP-2023 EX $0.022	1,000,000
CNJAN : OPTION EXPIRING 20-JAN-2024 EX $0.07	60,496,307
CNJAO : OPTION EXPIRING 30-SEP-2024 EX $0.04	10,000,000
New class - code to be confirmed : OPTION EXPIRING 03-MAY-2025 EX $0.016	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

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