ELEMENTOS LIMITED — Share Issue/Capital Change 2021

Oct 21, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name

ELEMENTOS LIMITED

Applicable security for the reorganisation

ELT	ORDINARY FULLY PAID
ELTAY	OPTION EXPIRING 30-APR-2022 EX $0.015
ELTAA	PERFORMANCE RIGHTS
ELTAC	OPTION EXPIRING 31-AUG-2022 EX 0.9C

Announcement Type

New Announcement

Date of this announcement

22/10/2021

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis 25/11/2021

Record Date

26/11/2021

Issue Date

3/12/2021

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

ELEMENTOS LIMITED 1.2 Registered Number Type Registration Number ACN 138468756

1.3 ASX issuer code

ELT

1.4 The announcement is New announcement

1.5 Date of this announcement

22/10/2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description ELT ORDINARY FULLY PAID ELTAY OPTION EXPIRING 30-APR-2022 EX $0.015 ELTAA PERFORMANCE RIGHTS ELTAC OPTION EXPIRING 31-AUG-2022 EX 0.9C

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval

Notification of Consolidation/Split

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Notification of Consolidation/Split

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FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

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Yes

2.2 Approvals

Approval/Condition	Date for determination	Is the date estimated or	Approval
+Security holder approval	23/11/2021	actual?	received/condition met?
		Actual

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

26/11/2021 23/11/2021

3.2 Date of +security holder meeting

3.2a Effective date of consolidation or split

23/11/2021

3.3 Last day for trading in the pre consolidation or split +securities

24/11/2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

25/11/2021

3.5 Record date

26/11/2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

29/11/2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 3/12/2021

3.8 Trading starts on a normal T+2 basis

6/12/2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

8/12/2021

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Part 4 - Event type and details

4.1 The event is

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+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

25

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
ELT	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
	4,052,671,223	162,106,849
ASX +Security Code	ASX +Security Description
ELTAY	OPTION EXPIRING 30-APR-2022 EX $0.015
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	311,750,000	12,470,000
ASX +Security Code	ASX +Security Description
ELTAA	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	82,500,000	3,300,000
ASX +Security Code	ASX +Security Description
ELTAC	OPTION EXPIRING 31-AUG-2022 EX 0.9C
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	187,595,201	7,503,808

Notification of Consolidation/Split

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Notification of Consolidation/Split

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5.2 Exercise price of options

ASX +Security Code	ASX +Security Description
ELTAY	OPTION EXPIRING 30-APR-2022 EX	$0.015
Quoted/unquoted	Exercise price pre consolidation or	Exercise price post consolidation or
Unquoted	split	split
	0.01500000	0.37500000
ASX +Security Code	ASX +Security Description
ELTAA	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or	Exercise price post consolidation or
Unquoted	split	split
	0.00000000	0.00000000
ASX +Security Code	ASX +Security Description
ELTAC	OPTION EXPIRING 31-AUG-2022 EX	0.9C
Quoted/unquoted	Exercise price pre consolidation or	Exercise price post consolidation or
Unquoted	split	split
	0.00900000	0.22500000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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