ELEMENTOS LIMITED — Share Issue/Capital Change 2023

Sep 10, 2023

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

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Announcement Summary

Entity name

ELEMENTOS LIMITED

Date of this announcement

Monday September 11, 2023

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
New class - code	Option Expiring Various Dates Ex Various Prices	700,000	11/09/2023
to be confirmed
New class - code	Option Expiring Various Dates Ex Various Prices	700,000	11/09/2023
to be confirmed
New class - code	Option Expiring Various Dates Ex Various Prices	700,000	11/09/2023
to be confirmed

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

ELEMENTOS 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

ACN

Registration number

138468756

1.3 ASX issuer code

ELT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

11/9/2023

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

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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does not have an existing ASX security code ("new 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 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

ASX +security code New class - code to be confirmed	+Security description Option Expiring Various Dates Ex Various Prices
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 11/9/2023

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Drew Speedy	Mr Drew Speedy & Mrs Caroline Speedy	500,000

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.

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.25000000 30/6/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ELT - Ordinary Fully Paid Shares

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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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

https://wcsecure.weblink.com.au/pdf/ELT/02582425.pdf

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

Issue details

Number of +securities

700,000

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ASX +security code +Security description
New class - code to be confirmed Option Expiring Various Dates Ex Various Prices
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ASX +security code New class - code to be confirmed	+Security description Option Expiring Various Dates Ex Various Prices
+Security type	ISIN code
Options
Date the +securities the subject of this	notification were issued
11/9/2023
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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Drew Speedy	Mr Drew Speedy & Mrs Caroline Speedy	500,000

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.

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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Options Details

+Security currency

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.30000000 30/6/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ELT - Ordinary Fully Paid Shares

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

[as above]

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

Issue details

Number of +securities

700,000

ASX +security code +Security description

New class - code to be confirmed Option Expiring Various Dates Ex Various Prices +Security type ISIN code Options

Date the +securities the subject of this notification were issued

11/9/2023

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? Yes

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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Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Drew Speedy	Mr Drew Speedy & Mrs Caroline Speedy	500,000
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.

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.35000000	30/6/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other

Description

ELT - Ordinary Fully Paid Shares

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

[as above]

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

Issue details

Number of +securities

700,000

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 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
ELT : ORDINARY FULLY PAID	194,740,085

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
ELTAA : PERFORMANCE RIGHTS	3,300,000
ELTAZ : OPTION EXPIRING 31-MAY-2025 EX $1.10	1,440,000
New class - code to be confirmed : Option Expiring Various Dates Ex Various Prices	700,000
New class - code to be confirmed : Option Expiring Various Dates Ex Various Prices	700,000
New class - code to be confirmed : Option Expiring Various Dates Ex Various Prices	700,000

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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? Yes

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

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