EMU NL — Share Issue/Capital Change 2022

Feb 8, 2022

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

EMU NL

Date of this announcement

Wednesday February 09, 2022

The +securities the subject of this notification are: Other

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	Options to acquire partly-paid ordinary shares	35,000,000	09/02/2022
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

1 / 7

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

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

EMU NL

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

50127291927

1.3 ASX issuer code

EMU

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

9/2/2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 7

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

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

==> picture [8 x 8] intentionally omitted <==

Other

Please specify

Issue of unquoted options approved at AGM

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

==> picture [8 x 9] intentionally omitted <==

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 7

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

==> picture [21 x 22] intentionally omitted <==

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

New +securities ASX +security code +Security description New class - code to be confirmed Options to acquire partly-paid ordinary shares +Security type ISIN code Options Date the +securities the subject of this notification were issued 9/2/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes 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/20211230/pdf/454n4qg17qndnk.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00010000 15/11/2022 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description

Partly-paid ordinary shares as detailed in the Notice of AGM announced to ASX on 30.12.2021

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

Options to acquire partly-paid ordinary shares (detailed in Annexure A to the Notice of AGM as announced to ASX on 30.12.2021) exercisable at $0.0001 each on or before 15 November 2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 7

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

==> picture [21 x 22] intentionally omitted <==

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue of securities were required to be approved by shareholders

Issue details

Number of +securities

35,000,000

Were the +securities issued for a cash consideration?

No Please describe the consideration being provided for the +securities

Director and Employee incentive Options Purpose of the issue Other

Additional Details

To provide an incentive and motivate the contribution of special exertion

Notification of Issue, Conversion or Payment up of Unquoted 5 / 7 E it S iti

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

==> picture [21 x 22] intentionally omitted <==

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
EMU : ORDINARY FULLY PAID	549,814,484
EMUCA : ORDINARY PARTLY PAID TO 3C, 3C UNPAID	40,485,069

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
EMUAQ : PERFORMANCE RIGHTS	48,571,429
EMUAL : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	33,320,000
New class - code to be confirmed : Options to acquire partly-paid ordinary shares	35,000,000

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 7

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

==> picture [21 x 22] intentionally omitted <==

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

31/1/2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 7