ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Share Issue/Capital Change 2023

Dec 6, 2023

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

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Announcement Summary

Entity name

ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED.

Date of this announcement

Thursday December 07, 2023

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	OPTION EXPIRING 27-NOV-26 EX $0.03	80,000,000	07/12/2023
to be confirmed
New class - code	OPTION EXPIRING 27-NOV-27 EX $0.03	20,000,000	07/12/2023
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

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

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Part 1 - Entity and announcement details

1.1 Name of entity

ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED.

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

28009120405

1.3 ASX issuer code

ECT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/12/2023

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

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Approval to issue of Director Incentive Options to Mr Sam Rizzo as per AGM held on 27 November 2023

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

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

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

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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

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New +securities
ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 27-NOV-26 EX $0.03
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
7/12/2023
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?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02730461-6A1176435?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.03000000 27/11/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Fully Paid Ordinary Shares
Any other information the entity wishes to provide about the +securities the subject of this notification
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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

• Refer to announcement dated 17 August 2023 and notice of meeting dated 26 October 2023 (https://cdn api.markitdigital. com/apiman-gateway/ASX/asx-research/1.0/file/2924-02730461-6A1176435?access_token=83ff96335c2d45a094df02a2 06a39ff4)

Issue details

Number of +securities

80,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The securities issue forms part of the consideration of directors remuneration.

Purpose of the issue

Other

Additional Details

Issue of options to Director in accordance with shareholder approval obtained on 27 November 2023.

New +securities

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ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 27-NOV-27 EX $0.03
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+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
7/12/2023

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?

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No

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

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

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Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02730461-6A1176435?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.03000000 27/11/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Fully Paid Ordinary Shares

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

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

• Refer to announcement dated 17 August 2023 and notice of meeting dated 26 October 2023 (https://cdn api.markitdigital. com/apiman-gateway/ASX/asx-research/1.0/file/2924-02730461-6A1176435?access_token=83ff96335c2d45a094df02a2 06a39ff4)

Issue details

Number of +securities

20,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The securities issue forms part of the consideration of directors remuneration.

Purpose of the issue

Other

Additional Details

Issue of options to Director in accordance with shareholder approval obtained on 27 November 2023.

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

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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
ECT : ORDINARY FULLY PAID	2,847,555,114

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
ECTAD : OPTION EXPIRING 28-AUG-2026 EX $0.011	50,000,000
ECTAB : OPTION EXPIRING 30-DEC-2025 EX $0.025	20,000,000
ECTAA : OPTION EXPIRING 30-DEC-2024 EX $0.025	60,000,000
ECTAC : OPTION EXPIRING 30-JUN-2025 EX $0.05	40,000,000
New class - code to be confirmed : OPTION EXPIRING 27-NOV-26 EX $0.03	80,000,000
New class - code to be confirmed : OPTION EXPIRING 27-NOV-27 EX $0.03	20,000,000

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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

27/11/2023

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