CONTROL BIONICS LIMITED — Share Issue/Capital Change 2024

Dec 19, 2024

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

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

Announcement Summary

Entity name

CONTROL BIONICS LIMITED

Date of this announcement

Friday December 20, 2024

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 Shortfall placement options 650,000 20/12/2024 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

1 / 7

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

CONTROL BIONICS 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 ABN 45115465462

1.3 ASX issuer code

CBL

1.4 The announcement is

New announcement

1.5 Date of this announcement

20/12/2024

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

2 / 7

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:

Other

Please specify

Options issued to manager as consideration for placement of shortfall shares

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

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

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

3 / 7

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)

New +securities

ASX +security codeNew class - code to be confirmed+Security descriptionShortfall placement options+Security typeOptionsISIN codeDate the +securities the subject of this notification were issued20/12/2024Will all the +securities issued in this class rank equally in all respects from their issue date?Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Options DetailsNoYes

ASX +security codeNew class - code to be confirmed+Security descriptionShortfall placement options+Security typeOptionsISIN codeDate the +securities the subject of this notification were issued20/12/2024Will all the +securities issued in this class rank equally in all respects from their issue date?Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Options DetailsNoYes

+A

Security currencyUD - Australian DollarExercise priceAUD 0.10000000Expiry date20/12/2027

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

CBL : ORDINARY FULLY PAID

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

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 ASX announcement dated 20 December 2024

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

4 / 7

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

Issue details

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

Number of +securities

650,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Issued as consideration for shortfall share placement services

Purpose of the issue To pay for services rendered Additional Details

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

5 / 7

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

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

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
CBL : ORDINARY FULLY PAID	247,558,356
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
CBLAU : OPTION EXPIRING 10-OCT-2026 EX $0.1	19,135,839
CBLAR : OPTION EXPIRING 20-MAY-2027 EX $0.10	500,000
CBLAF : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	967,720
CBLAS : OPTION EXPIRING 14-AUG-2029 EX $0.053	1,226,414
CBLAV : OPTION EXPIRING 10-OCT-2029 EX $0.053	1,698,113
CBLAQ : OPTION EXPIRING 13-MAY-2029 EX $0.045	500,000
CBLAP : OPTION EXPIRING 13-MAY-2026 EX $0.15	1,000,000
CBLAO : OPTION EXPIRING 13-MAY-2026 EX $0.10	1,000,000
CBLAK : OPTION EXPIRING 10-AUG-2028 EX $0.095	724,459
CBLAH : OPTION EXPIRING 08-SEP-2027 EX $0.22	365,636
CBLAL : OPTION EXPIRING 11-OCT-2028 EX $0.095	315,789
CBLAI : OPTION EXPIRING 19-JAN-2028 EX $0.1637	2,000,000
New class - code to be confirmed : Shortfall placement options	650,000

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

6 / 7

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

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

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 650,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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

7 / 7