DE.MEM LIMITED — Capital/Financing Update 2022

Aug 2, 2022

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

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Announcement Summary

Entity name

DE.MEM LIMITED

Date of this announcement

Wednesday August 03, 2022

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, exercisable at $0.2795, expiring 500,000 03/08/2022 to be confirmed on 3 August 2025.

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

DE.MEM 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

614756642

1.3 ASX issuer code

DEM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

3/8/2022

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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

Appendix 3B announced on 7 April 2022 that are not quoted and are not intended to be quoted.

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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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted options, exercisable at $0.2795, expiring on 3
August 2025.
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+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
3/8/2022
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.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.27950000 3/8/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description DEM : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification

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

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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

Appendix 3B was previously announced on 7 April 2022.

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 Corporate advisory services. Purpose of the issue To pay for services rendered

Additional Details

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

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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
DEM : ORDINARY FULLY PAID	222,994,691
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
DEMAI : PERFORMANCE RIGHTS EXPIRING 31-DEC-2025	110,000
DEMAE : OPTION EXPIRING 24-JUN-2023 EX 21.7C	2,750,000
DEMAJ : OPTION EXPIRING 01-JUN-2025 EX 27.95C	500,000
DEMAH : PERFORMANCE RIGHTS	500,000
DEMAF : OPTION EXPIRING 10-JUL-2024 EX 18C	750,000
DEMAK : OPTION EXPIRING 23-JUN-2025 EX $0.2237	500,000
New class - code to be confirmed : Unlisted options, exercisable at $0.2795, expiring on 3	500,000
August 2025.

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? 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?

500,000

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

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