ECHOIQ LIMITED — Share Issue/Capital Change 2022

Mar 20, 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: 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 Performance Rights 250,000 21/03/2022 to be confirmed

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

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2.1 The +securities the subject of this notification are:

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Other

Please specify

Securities issued as previously announced to the market in an Appendix 3B

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

ASX +security code +Security description New class - code to be confirmed Performance Rights +Security type ISIN code Other 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

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/2924-02483357-2A1354867?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

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 announced to the market on 4 February 2022

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

Issue details

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Number of +securities 250,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities Nil Purpose of the issue Other

Additional Details

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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 : Performance Rights	250,000

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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?

250,000

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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