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DECIDR AI INDUSTRIES LTD Capital/Financing Update 2021

Aug 31, 2021

64755_rns_2021-08-31_403bb993-6508-4e8e-b673-4eac47325782.pdf

Capital/Financing Update

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1 September 2021

Dear Shareholder

Notice to Ineligible Shareholders of Non-Renounceable Entitlement Offer

As announced on 1 September 2021, Live Verdure Ltd (ASX: LV1) ( LV1 or Company ) is undertaking a nonrenounceable pro-rata entitlement offer to eligible shareholders of quoted options in the Company at an issue price of $0.001 each and on the basis of 1 new quoted option ( New Option ) for every 2 shares held on the record date ( Entitlement Offer ). Each New Option will have an exercise price of $0.30 each and an expiry date of three years from the date of issue.

Pursuant to the Entitlement Offer, the Company will issue up to 27,623,650 New Options to raise up to approximately $27,624 (before costs). The Company released a prospectus for the Entitlement Offer ( Prospectus ) to ASX on 1 September 2021.

Purpose of the Entitlement Offer

Subject to the satisfactory completion of the Entitlement Offer, funds raised from the issue of the New Options will be used towards the costs of the Entitlement Offer and for general working capital. Funds raised from the exercise of the New Options (if any) will be used towards development of the Company's existing business initiatives and for general working capital.

The Entitlement Offer is available to all LV1 shareholders ( Shareholders ) registered on the record date on 9 September 2021 ( Record Date ) whose registered address is in Australia or New Zealand ( Eligible Shareholders ).

Ineligible shareholders

A Shareholder who has a registered address outside Australia and New Zealand ( Ineligible Shareholder ) will not be eligible to participate in the Entitlement Offer.

You are not eligible to participate in the Entitlement Offer and you will not be sent a copy of the Prospectus. This decision has been made pursuant to Listing Rule 7.7.1(a) of the ASX Listing Rules after taking into consideration the costs of complying with legal and regulatory requirements in jurisdictions outside Australia and New Zealand compared with the small number of Ineligible Shareholders and the number and value of New Options to which they would otherwise be entitled.

For all enquiries concerning the Entitlement Offer, please contact the Company Secretary by telephone on +61 3 8630 3321. For all general shareholder enquiries, please contact the Company's Share Registry on 1300 850 505 (within Australia) or +61 3 9415 5000 (outside of Australia).

Yours faithfully

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Gernot Abl Non-Executive Chairman

Live Verdure Ltd ACN: 614 347 269 Level 21, 459 Collins Street, Melbourne, Victoria 3000 W: liveverdure.com.au | T: +61 3 8630 3321 | E: [email protected]

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