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First Graphene Ltd. Capital/Financing Update 2021

Nov 29, 2021

35640_rns_2021-11-29_192c6217-02b2-4e42-8eda-8621242edca5.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

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30 November 2021

FGR receives $3,000,000 under its previously announced Share Placement Agreement

Advanced materials company First Graphene Limited (“ FGR ” or “t he Company ”) (ASX: FGR) refers to the ASX announcement made on 27 May 2021, notifying the market that the Company had entered into a Share Placement Agreement with Speciality Materials Investments, LLC, on the terms set out in that announcement, securing $8,000,000 in two tranches of $5,000,000 and $3,000,000, respectively, with the first tranche having been received shortly after 27 May 2021.

The Company released an Appendix 3B on 17[h] August 2021, notifying the market of its intent to avail itself of the second tranche of funds.

First Graphene is pleased to announce that it has now received the second (and final) tranche of funds under the Share Placement Agreement, in the amount of $3,000,000.

Investors

Aditya Asthana

Company Secretary

First Graphene Limited [email protected] + 61 1300 660 448

Media

Luke Derbyshire

Managing Director

Spoke Corporate [email protected] + 61 488 66 42 46

About First Graphene Ltd (ASX: FGR)

First Graphene Ltd. is the leading supplier of high-performing, graphene products. The company has a robust manufacturing platform based upon captive supply of high-purity raw materials and an established 100 tonne/year graphene production capacity. Commercial applications are now being progressed in composites, elastomers, fire retardancy, construction and energy storage.

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First Graphene Ltd. is publicly listed in Australia (ASX:FGR) and has a primary manufacturing base in Henderson, near Perth, WA. The company is incorporated in the UK as First Graphene (UK) Ltd. and is a Tier 1 partner at the Graphene Engineering and Innovation Centre (GEIC), Manchester, UK.

ASX ANNOUNCEMENT

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PureGRAPH[®] Range of Products

PureGRAPH[®] graphene powders and PureGRAPH[®] AQUA pastes with lateral platelet sizes of 50μm, 20μm, 10μm and 5μm, as well as PureGRAPH[®] MB-LDPE 20-30 and PureGRAPH[®] MB-EVA masterbatches for thermoplastics, and PureGRAPH[® ] MB-EVA Bitumen masterbatch, are available in tonnage volumes. The products are high performing additives, characterised by their high quality and ease of use.

First Graphene Limited

ABN 50 007 870 760

1 Sepia Close Henderson WA 6166 T: +61 1300 660 448 E: [email protected] W: firstgraphene.net

Directors: Trading Symbols Warwick Grigor Australia: FGR Dr Andy Goodwin Frankfurt: FSE:M11 Michael Quinert USA OTCQB: FGPHF Michael Bell

With authority of the board, this announcement has been authorised for release by Aditya Asthana, Chief Financial Officer and Company Secretary.

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