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EDEN INNOVATIONS LTD Capital/Financing Update 2016

Aug 11, 2016

64820_rns_2016-08-11_9a5da1f7-d334-4366-9c0d-2890b785c52b.pdf

Capital/Financing Update

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ACN 109 200 900

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

12 August 2016

ISSUE OF EMPLOYEE OPTIONS

The directors advise that they have resolved to issue up to 12,324,869 unlisted employee options exercisable at $0.27 and expiring 28 February 2020 to all employees of the Eden Group under the Eden Energy Ltd employee share option plan. These options will vest for each employee in three equal tranches on 31 August 2017, 31 August 2018 and 31 August 2019, subject to them still being employed on each vesting date. No directors of the company (or their related parties) will receive any employee options.

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Aaron P Gates Company Secretary

Level 15, 197 St Georges Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: [email protected]