ECHOIQ LIMITED — Share Issue/Capital Change 2022

Mar 21, 2022

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

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Announcement Summary

Entity name

ECHOIQ LIMITED

Date of this announcement

Monday March 21, 2022

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
New class - code	Unlisted Options expiring 2 February 2025	6,000,000	21/03/2022
to be confirmed	exercise price $0.25

Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details

1.1 Name of entity

ECHOIQ 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

ABN

Registration number

48142901353

1.3 ASX issuer code

EIQ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/3/2022

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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:

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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

New +securities issued under an +employee incentive scheme

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ASX +security code +Security description
New class - code to be confirmed Unlisted Options expiring 2 February 2025
exercise price $0.25
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
21/3/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
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.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02483355-2A1354860?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.25000000 2/2/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
EIQ: Ordinary Fully Paid
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
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https://www.asx.com.au/asxpdf/20190709/pdf/446h3sl92w7z9p.pdf

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

Issue details

Number of +securities

6,000,000

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Part 4 - +Securities on issue

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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
EIQ : ORDINARY FULLY PAID	394,332,713
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
EIQAF : OPTION EXPIRING 04-APR-2022 EX 3C	2,000,000
EIQAX : OPTION EXPIRING 30-JUN-2022 EX $0.05	500,000
EIQAV : OPTION EXPIRING 09-JUN-2024 EX $0.25	2,000,000
EIQAJ : OPTION EXPIRING 30-JUN-2022 EX 4C	34,550,000
EIQAK : OPTION EXPIRING 30-JUN-2023 EX 8C	39,375,000
EIQAW : OPTION EXPIRING 29-OCT-2024 EX $0.25	2,000,000
EIQAI : OPTION EXPIRING 1-NOV-2024 EX 4C	1,000,000
EIQAA : OPTION EXPIRING 17-DEC-2024 EX $0.25	25,000,000
EIQAU : OPTION EXPIRING 09-JUN-2024 EX $0.17	8,000,000
EIQAT : OPTION EXPIRING 09-JUN-2024 EX $0.30	13,000,000
EIQAS : OPTION EXPIRING 09-JUN-2024 EX $0.25	12,000,000
EIQAR : OPTION EXPIRING 09-JUN-2024 EX $0.10	8,000,000
EIQAQ : OPTION EXPIRING 30-JUN-2024 EX $0.30	1,000,000

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
EIQAP : OPTION EXPIRING 30-JUN-2023 EX $0.20	1,000,000
EIQAO : OPTION EXPIRING 30-JUN-2023 EX $0.12	500,000
EIQAM : OPTION EXPIRING 31-MAY-2024 EX $0.05	47,500,000
New class - code to be confirmed : Unlisted Options expiring 2 February 2025 exercise price	6,000,000
$0.25

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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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