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ENTROPY NEURODYNAMICS LIMITED Capital/Financing Update 2018

Dec 13, 2018

64855_rns_2018-12-13_f4e77e3d-816c-4bb6-b212-2bafe0f18851.pdf

Capital/Financing Update

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12 December 2018

Mr Dale Allen Senior Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

By Email: [email protected]

Dear Mr Allen

Exopharm Limited – Capital Structure and Restricted Securities Statement

We refer to ASX’s letter to Jackson McDonald dated 4 December 2018 pursuant to which ASX provides conditional approval for the admission of Exopharm Limited’s ( Company ) shares to official quotation on ASX ( Approval Letter ) and confirm the following:

Capital Structure

The capital structure of Exopharm Limited (ACN 163 765 991) ( Exopharm ) as at 12 December 2018 is as follows:

Security type Number
Shares(ordinary, fully paid) 80,500,000

Restricted Securities

The number of Exopharm securities subject to ASX restrictions and the restriction period applied to those securities as at 10 December 2018 is as follows:

Period of Restriction Shares
24 months from admission to the Official List of ASX 35,661,570
12 months from issue of security 2,963,435
Unrestricted 41,874,995
Total 80,500,000

Please find attached Appendix A for further details.

Yours faithfully

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David Parker Non-Executive Director and Company Secretary Exopharm Limited

EXOPHARM LIMITED ACN: 163 765 991 ASX:EX1 Address: Level 17, 31 Queen Street Melbourne 3000 Telephone: 03 9111 0026 Email: [email protected] Web: www.exopharm.com

Appendix A

ABN: 27 152 260 814

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1300 288 664 (within australia) +61 2 9698 5414 (international) [email protected] www.automic.com.au

Level 5, 126 Phillip Street, Sydney NSW 2000 GPO Box 5193, Sydney NSW 2001

Issued Capital Report

EXOPHARM LIMITED

Security Class(es): EX1ESC1 - ESCROW ORDINARY SHARES 12M FROM 23/07/18 Security Class(es): EX1ESC2 - ESCROW ORDINARY SHARES 12M FROM 10/08/18 Security Class(es): EX1ESC24 - ESCROW ORDINARY SHARES 24M Security Class(es): EX1ESC3 - ESCROW ORDINARY SHARES 12M FROM 8/06/18 Security Class(es): EX1 - ORDINARY FULLY PAID SHARES

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As at Date: 11-Dec-2018

SecurityCode Security Name CHESSHolders CHESS Holdings % CHESSHoldings IssuerHolders Issuer Holdings % IssuerHoldings Total Holders Total Holdings
EX1 ORDINARY FULLY PAID SHARES 440 35,837,131 85.58% 114 6,037,864 14.42% 554 41,874,995
EX1ESC1 ESCROW ORDINARY SHARES12M FROM 23/07/18 0 0 0.00% 26 1,719,034 100.00% 26 1,719,034
EX1ESC2 ESCROW ORDINARY SHARES12M FROM 10/08/18 0 0 0.00% 35 959,401 100.00% 35 959,401
EX1ESC24 ESCROW ORDINARY SHARES24M 0 0 0.00% 33 35,661,570 100.00% 33 35,661,570
EX1ESC3 ESCROW ORDINARY SHARES12M FROM 8/06/18 0 0 0.00% 4 285,000 100.00% 4 285,000
TOTAL 440 35,837,131 212 44,662,869 652 80,500,000

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Report generated on 11-Dec-2018 at 11:02 AM

Sydney Level 5 126 Phillip Street Sydney NSW 2000

Perth Level 2 267 St Georges Terrace Perth WA 6000

Melbourne Level 12 575 Bourke Street Melbourne VIC 3000