ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Share Issue/Capital Change 2021

Jun 23, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name

ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED.

Applicable security for the reorganisation

ECT ORDINARY FULLY PAID ECTOE OPTION EXPIRING 17-FEB-2023

Announcement Type

Update to previous announcement

Date of this announcement

24/6/2021

Reason for the Update

Changed item 4.2 from rounding up, to rounding down.

Additional Information

The total number of securities on issue at the time of consolidation is subject to the outcome of various resolutions at the EGM scheduled for 10 am Friday 25 June 2021.

Refer to below for full details of the announcement

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. 1.2 Registered Number Type Registration Number ACN 009120405 1.3 ASX issuer code ECT 1.4 The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement Changed item 4.2 from rounding up, to rounding down. 1.4b Date of previous announcement(s) to this update 24/6/2021

1.5 Date of this announcement 24/6/2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description ECT ORDINARY FULLY PAID ECTOE OPTION EXPIRING 17-FEB-2023

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

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

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Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval 25/6/2021 Actual No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

30/6/2021

3.2 Date of +security holder meeting

25/6/2021

3.2a Effective date of consolidation or split

25/6/2021

3.3 Last day for trading in the pre consolidation or split +securities

28/6/2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

29/6/2021

3.5 Record date

30/6/2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

1/7/2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

7/7/2021

3.8 Trading starts on a normal T+2 basis

8/7/2021

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

12/7/2021

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Part 4 - Event type and details

4.1 The event is

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+Security consolidation

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

10

(pre-consolidation) +securities will be consolidated into

1

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

4.2 Scrip fraction rounding

Fractions rounded down to the nearest whole number or fractions disregarded

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
ECT	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number	on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split		Estimated
	11,831,249,952	1,183,124,995
ASX +Security Code	ASX +Security Description
ECTOE	OPTION EXPIRING 17-FEB-2023
Quoted/unquoted	Number on issue pre	Number	on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split		Estimated
	2,440,206,487	244,020,649
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
ECTOE	OPTION EXPIRING 17-FEB-2023
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Quoted	split		split
	AUD 0.00300000		AUD 0.03000000

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Part 6 - Further information

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6.1 Further information relating to the consolidation or split

The consolidation of securities is subject to the approval of resolution 10 at the EGM scheduled for 10 am on Friday 25 June 2021.

6.2 Additional information for inclusion in the Announcement Summary

The total number of securities on issue at the time of consolidation is subject to the outcome of various resolutions at the EGM scheduled for 10 am Friday 25 June 2021.

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