EMU NL — Capital/Financing Update 2021

Jan 6, 2021

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ASX ANNOUNCEMENT
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Emu NL ( ASX:EMU ) ( EMU or the Company ) hereby confirms that:

84,355,000 unlisted options to acquire fully paid ordinary shares (exercisable at $0.20 each) will expire at 5:00pm on 15 January 2021; and

8,454,468 unlisted options to acquire fully paid ordinary shares (exercisable at $0.20 each) will expire at 5:00pm on 16 January 2021.

The capital structure of the Company following the expiry of unexercised options will be as follows:

Quoted Securities:

356,405,436 fully paid shares (ASX:EMU)

40,485,069 partly paid shares (ASX:EMUCA)

Unquoted Securities:

22,000,000 options to acquire partly paid ordinary shares, exercisable by 21.12.2021

RELEASE AUTHORISED BY DOUG GREWAR, CEO

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