ENERGY TECHNOLOGIES LIMITED — Share Issue/Capital Change 2019

Feb 10, 2019

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

ENERGY TECHNOLOGIES LIMITED

Applicable security for the reorganisation

EGY ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Monday February 11, 2019

Reorganisation type

Security consolidation

Effective Date

Friday February 15, 2019

Record Date

Monday February 18, 2019

Issue Date

Monday February 25, 2019

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

*1.1 Name of +Entity

ENERGY TECHNOLOGIES LIMITED

Registration Number

*1.2 Registered Number Type

ACN 002679469

*1.3 ASX issuer code

EGY

*1.4 The announcement is

New announcement

*1.5 Date of this announcement

Monday February 11, 2019

*1.6 Securities affected by the reorganisation

Notification of Consolidation/Split

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Notification of Consolidation/Split

EGY

ORDINARY FULLY PAID

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Part 2 - Approvals

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

**Approval/Condition Date for determination Is the date estimated Approval +Security holder Wednesday February or actual? received/condition approval 13, 2019 Actual met? [Select...]

Comments

Part 3 - Reorganisation timetable and details

*3.1 +Record date

Monday February 18, 2019

3.2 Date of +security holder meeting

Wednesday February 13, 2019

3.3 Last day for trading in the pre-re-organised +securities

Thursday February 14, 2019

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Friday February 15, 2019

3.5 Record date

Monday February 18, 2019

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Tuesday February 19, 2019

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Monday February 25, 2019

Notification of Consolidation/Split

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Notification of Consolidation/Split

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3.8 Trading starts on a normal T+2 basis

Tuesday February 26, 2019

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Thursday February 28, 2019

Part 4 - Reorganisation type and details

*4.1 The reorganisation is

+Security consolidation

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

100

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

*5.1 +Securities on issue before and after the reorganisation

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----- Start of picture text ----- *ASX +Security Code *ASX +SecurityEGY DescriptionORDINARY FULLYPAIDQuoted/unquoted Number on issue Number on issue after Estimate/ActualQuoted before reorganisation reorganisation Actual348,245,332 57,203,707----- End of picture text -----

Part 6 - Further information

6.1 Further information relating to the reorganisation

The consolidation is conditional on all resolutions pertaining to the "Recapitalisation Proposal" being approved by shareholders at the Extraordinary General Meeting. Please see the Notice of Meeting dispatched to shareholders and announced on ASX on 14 January 2019.

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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