FIRST AU LIMITED — Share Issue/Capital Change 2022

Nov 7, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

FIRST AU LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday November 08, 2022

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
FAU	ORDINARY FULLY PAID	20,582,328	08/11/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

FIRST AU LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 65000332918

1.3 ASX issuer code

FAU

1.4 The announcement is

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New announcement

1.5 Date of this announcement

8/11/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description No security currently exists

FROM (Existing Class) +Security description

Not applicable - fully paid ordinary shares being issued, no security converted

TO (Existing Class) ASX +security code and description FAU : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 20,582,328

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02572633-3A603082?access_token=83 ff96335c2d45a094df02a206a39ff4 - refer Annexure C

Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes

Provide details of the KMP or +associates being issued +securities

Name of KMP	Name of registered holder	Number of +securities
Bryan Frost	Actionette Pty Ltd S/F A/C>	12,550,200
Richard Revelins	Peregrine Corporate US LLC	3,012,048
Michael Quinert	Kastin Pty Ltd	3,012,048
Damon O'Meara	Damon O'Meara A/C>	2,008,032

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

8/11/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Issue details

Number of +securities to be quoted

20,582,328

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued in lieu of cash for Director fees. Deemed issue price per share of $0.00498 (being 30 day VWAP of FAU shares)

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.004980

Any other information the entity wishes to provide about the +securities to be quoted

Issue made pursuant to shareholder approval at General Meeting held on 31 October 2022.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
FAU : ORDINARY FULLY PAID	951,993,277
FAUOA : OPTION EXPIRING 01-JUL-2023	581,744,114
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
FAUAO : OPTION EXPIRING 06-MAY-2027 EX $0.015	20,000,000
FAUAM : OPTION EXPIRING 28-JUL-2023 EX $0.02	2,500,000
FAUAN : OPTION EXPIRING 28-JAN-2024 EX $0.035	2,500,000
FAUAG : OPTION EXPIRING 14-OCT-2023 EX $0.03	14,500,000
FAUAH : OPTION EXPIRING 14-OCT-2023 EX $0.035	14,500,000
FAUAI : OPTION EXPIRING 10-NOV-2022 EX $0.03255	500,000
FAUAK : OPTION EXPIRING 10-NOV-2022 EX $0.05	500,000
FAUAJ : OPTION EXPIRING 10-NOV-2022 EX $0.04	500,000
FAUAP : OPTION EXPIRING 31-DEC-2023 EX $0.013	56,250,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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Application for quotation of +securities

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