ELSIGHT LIMITED — Share Issue/Capital Change 2023

Feb 7, 2023

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

Wednesday February 08, 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	ELSAAC - OPTION EXPIRING 18-JAN-28 EX.	43,000	18/01/2023
to be confirmed	$0.37
New class - code	ELSAAD - OPTION EXPIRING 18-JUL-2025 EX.	50,000	18/01/2023
to be confirmed	$0.37

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

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

8/2/2023

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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

ASX +security code +Security description New class - code to be confirmed ELSAAC - OPTION EXPIRING 18-JAN-28 EX. $0.37 +Security type ISIN code Options Date the +securities the subject of this notification were issued 18/1/2023 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? No 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. https://www.asx.com.au/asxpdf/20170607/pdf/43jsk2gsj6hnyj.pdf

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.37000000 18/1/2028 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 ordinary fully paid Share per Option exercised

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

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Issue details

Number of +securities

43,000

ASX +security code New class - code to be confirmed	+Security description ELSAAD - OPTION EXPIRING 18-JUL-2025 EX. $0.37	+Security description ELSAAD - OPTION EXPIRING 18-JUL-2025 EX. $0.37
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
18/1/2023
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?
No
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. https://www.asx.com.au/asxpdf/20170607/pdf/43jsk2gsj6hnyj.pdf
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.37000000	18/7/2025
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 ordinary fully paid Share per 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

Issue details

Number of +securities

50,000

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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	150,319,581
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
ELSAAC : CONVERTIBLE NOTES	25,149,500
ELSAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	876,900
ELSAX : OPTION EXPIRING 14-SEP-2026 EX $0.48	1,100,000
ELSAW : OPTION EXPIRING 14-SEP-2026 EX $0.42	611,000
ELSAAB : OPTION EXPIRING 30-AUG-2027 EX $0.37	3,222,000
ELSAL : OPTION EXPIRING 23-APR-2025 EX 28C	1,050,000
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
ELSAAA : OPTION EXPIRING 25-MAY-2027 EX $0.48	3,583,452
ELSAU : OPTION EXPIRING 14-DEC-2026 EX $0.38	250,000
ELSAV : OPTION EXPIRING 14-DEC-2026 EX $0.44	200,000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
ELSAY : OPTION EXPIRING 25-APR-2027 EX $0.43	200,000
ELSAZ : OPTION EXPIRING 25-APR-2027 EX $0.49	300,000
ELSAR : OPTION EXPIRING 01-FEB-2026 EX $0.43	160,000
New class - code to be confirmed : ELSAAC - OPTION EXPIRING 18-JAN-28 EX. $0.37	43,000
New class - code to be confirmed : ELSAAD - OPTION EXPIRING 18-JUL-2025 EX. $0.37	50,000

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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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