DEEP YELLOW LIMITED — Share Issue/Capital Change 2024

Jan 16, 2024

Application for quotation of +securities

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Announcement Summary

Entity name

DEEP YELLOW LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday January 17, 2024

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
DYL	ORDINARY FULLY PAID	39,700	12/01/2024
DYL	ORDINARY FULLY PAID	176,519	17/01/2024

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

DEEP YELLOW LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 97006391948

1.3 ASX issuer code

DYL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

17/1/2024

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)
ASX +security code and description
DYLAQ : PERFORMANCE RIGHT
TO (Existing Class)
ASX +security code and description
DYL : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted		12/1/2024
39,700
Is this all of the options or other +convertible securities on issue of that type		(ie have all of those options now been
exercised or have all of those convertible securities now been converted)?
No
The right of the holder of the options	or other +convertible securities to receive the +underlying securities is being
satisfied by:
An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

12/1/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted

39,700

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Ordinary shares issued following conversion of vested incentive performance rights

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

1.340000

Any other information the entity wishes to provide about the +securities to be quoted

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

DYLAR : OPTION EXPIRING 01-JUL-2024 EX NIL PRICE

TO (Existing Class) ASX +security code and description

DYL : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted 92,593

The first date the options were The last date the options were exercised or other +convertible exercised or other +convertible securities were converted securities were converted 16/1/2024

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Application for quotation of +securities

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Application for quotation of +securities

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Issue date 17/1/2024 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details

Number of +securities to be quoted 92,593 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities The securities were issued with a NIL exercise price as part remuneration incentive securities

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 1.510000

Any other information the entity wishes to provide about the +securities to be quoted

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

DYLAS : OPTION EXPIRING 01-JUL-2025 EX NIL

TO (Existing Class) ASX +security code and description

DYL : ORDINARY FULLY PAID

Please state the number of options The first date the options were

The last date the options were

Application for quotation of +securities

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Application for quotation of +securities

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that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted		16/1/2024
83,926

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are:

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Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Issue date

17/1/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

83,926

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The securities were issued with a NIL exercise price as part remuneration incentive securities

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

1.510000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
DYL : ORDINARY FULLY PAID	764,446,483

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
DYLAQ : PERFORMANCE RIGHT	4,014,339
DYLAS : OPTION EXPIRING 01-JUL-2025 EX NIL	57,471
DYLAR : OPTION EXPIRING 01-JUL-2024 EX NIL PRICE	0
DYLAT : OPTION EXPIRING 01-JUL-2026 EX NIL	44,444
DYLAU : OPTION EXPIRING 01-JUL-2027 EX NIL	44,444
DYLAV : OPTION EXPIRING 01-JUL-2028 EX NIL	44,445

Application for quotation of +securities

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