ELSIGHT LIMITED — Share Issue/Capital Change 2022

Jun 26, 2022

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

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Announcement Summary

Entity name

ELSIGHT LIMITED

Date of this announcement

Monday June 27, 2022

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	ELSAAA - OPTION EXPIRING 25-MAY-2027 EX.	3,583,452	26/05/2022
to be confirmed	$0.48

Refer to next page for full details of the announcement

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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

ELSIGHT 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

616435753

1.3 ASX issuer code

ELS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

27/6/2022

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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 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")

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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

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ASX +security code +Security description
New class - code to be confirmed ELSAAA - OPTION EXPIRING 25-MAY-2027 EX. $0.48
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
26/5/2022
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?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder Number of +securities
Mr Yoav Amitai Mr Yoav Amitai 3,583,452
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.
Refer Appendix A https://www.asx.com.au/asxpdf/20220610/pdf/459tfpyg9yhh0g.pdf
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Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.48000000 26/5/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other

Description

ELS - one fully paid ordinary share for every one option exercised

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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://www.asx.com.au/asxpdf/20170607/pdf/43jsk2gsj6hnyj.pdf

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

Issued to the CEO under 4 tranches with various vesting conditions. Please see ASX announcement dated 10 June 2022, "Elsight offers long-term incentive for CEO".

Issue details

Number of +securities

3,583,452

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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
ELS : ORDINARY FULLY PAID	150,252,914
ELSOA : OPTION EXPIRING 31-MAR-2023	23,222,653
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
ELSAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,052,900
ELSAX : OPTION EXPIRING 14-SEP-2026 EX $0.48	1,100,000
ELSAW : OPTION EXPIRING 14-SEP-2026 EX $0.42	759,000
ELSAL : OPTION EXPIRING 23-APR-2025 EX 28C	1,250,000
ELSAM : OPTION EXPIRING 15-MAY-2025 EX 34C	150,000
ELSAN : OPTION EXPIRING 12-JUN-2025 EX 32C	100,000
ELSAP : OPTION EXPIRING 27-JUL-2025 EX $0.30	75,000
ELSAU : OPTION EXPIRING 14-DEC-2026 EX $0.38	250,000
ELSAV : OPTION EXPIRING 14-DEC-2026 EX $0.44	200,000
ELSAY : OPTION EXPIRING 25-APR-2027 EX $0.43	200,000
ELSAZ : OPTION EXPIRING 25-APR-2027 EX $0.49	300,000
ELSAQ : OPTION EXPIRING 13-APR-2026 EX $0.50	100,000

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
ELSAR : OPTION EXPIRING 01-FEB-2026 EX $0.43	160,000
New class - code to be confirmed : ELSAAA - OPTION EXPIRING 25-MAY-2027 EX. $0.48	3,583,452

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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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