DEVELOP GLOBAL LIMITED — Share Issue/Capital Change 2024

Dec 2, 2024

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

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Announcement Summary

Entity name

DEVELOP GLOBAL LIMITED

Date of this announcement

Tuesday December 03, 2024

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
DVPAV	PERFORMANCE RIGHTS	345,622	02/12/2024

Refer to next page for full details of the announcement

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

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Appendix 3G - 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

DEVELOP GLOBAL 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 28122180205

1.3 ASX issuer code

DVP

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/12/2024

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

has an existing ASX security code ("existing class")

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

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

Additional +securities in an existing class issued under an +employee incentive scheme ASX +security code and description

DVPAV : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

2/12/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
William James Beament	William James Beament ATF theBeament Familly Trust	345,622
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

The Performance Rights terms and conditions are set out in the Company¿s 2024 Notice of Annual General Meeting (AGM): https://wcsecure.weblink.com.au/pdf/DVP/02863648.pdf

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

345,622 Performance Rights issued under the company¿s FY25 short-term incentive program and 2024 Employee Awards Plan for no consideration, each having a nil exercise price and an expiry date of 5 years from the date of issue, as part of Mr Beament¿s short-term incentive for the financial year ended 30 June 2025, and on the terms and conditions set out in the Company¿s 2024 Notice of Annual General Meeting (AGM).

Shareholders approved the issue of these Performance Rights at the Company¿s 2024 AGM on 8 November 2024.

Issue details

Number of +securities

345,622

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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
DVP : ORDINARY FULLY PAID	271,605,655
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
DVPAAJ : OPTION EXPIRING 15-DEC-2026 EX $4.38	100,000
DVPAAG : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	2,065,000
DVPAAI : SHARE RIGHTS	21,724
DVPAV : PERFORMANCE RIGHTS	5,346,672
DVPAAB : OPTION EXPIRING 17-JUN-2025 EX $0.75	14,000,000

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

8/11/2024

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