EBR SYSTEMS INC. — Share Issue/Capital Change 2022

Dec 22, 2022

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

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Announcement Summary

Entity name

EBR SYSTEMS INC.

Date of this announcement

Friday December 23, 2022

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
EBRAI	OPTION EXPIRING VARIOUS DATES EX	330,000	20/12/2022
	VARIOUS PRICES

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

EBR SYSTEMS INC.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ARBN

Registration number

654147127

1.3 ASX issuer code

EBR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

23/12/2022

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

ASX +security code and description

EBRAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

20/12/2022

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? No

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

Please refer to a copy of the 2021 Equity Incentive Plan at: https://www.asx.com.au/asxpdf/20211123/pdf/4539s8n9kpqzp9.pdf

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

Issue details

Number of +securities

330,000

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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
EBR : CDI 1:1 US PERSON PROHIBITED	264,796,232
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
EBRAC : CHESS DEPOSITARY INTERESTS RESTRICTED	5,785,188
EBRAD : OPTION EXPIRING 23-NOV-2031 RESTRICTED	11,546,742
EBRAE : WARRANTS EXPIRING VARIOUS DATES RESTRICTED	1,104,030
EBRAF : WARRANTS EXPIRING 12-FEB-2031 EX $0.83	1,706,595
EBRAG : WARRANTS EXPIRING 25-JUN-2031 EX $0.83	3,063,365
EBRAH : WARRANTS	3,063,365
EBRAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	20,694,476
EBRAJ : WARRANTS EXPIRING VARIOUS DATES EX VARIOUS PRICES	10,852,024

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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