First Graphene Ltd. — Capital/Financing Update 2024

Jan 18, 2024

ASX ANNOUNCEMENT

19 JANUARY 2024

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Cleansing Statement

Advanced materials company, First Graphene Limited (“ FGR ” or “t he Company ”) (ASX: FGR) advises that it has approved and issued 2,000,000 Shares (ASX Code: FGR) on 17 January 2024 to sophisticated investors as part of the shortfall for its Share Purchase Plan (SPP), the results of which were announced on 21 December 2023.

The SPP Shortfall shares were issued pursuant to the Company’s capacity under Listing Rule 7.1, and do not require shareholder approval. An Appendix 3B with regards to the SPP was lodged with the ASX on 14 November 2023.

An Appendix 2A in this regard follows this announcement.

For the purposes of section 708A(6) of the Corporations Act 2001 (Cth) ( Corporations Act ), the Company gives notice pursuant to section 708A(5)(e) of the Corporations Act that:

1. the Company issued the securities without disclosure under Part 6D.2 of the Corporations Act; and

2. as at the date of this notice, the Company has complied with:

   • the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • section 674 of the Corporations Act; and

3. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) and 708A(8) of the Corporations Act) which is required to be disclosed by the Company.

Investors Media Aditya Asthana Company Secretary First Graphene Limited SPOKE. aditya.asthana@firstgraphene.net + 61 1300 660 448

Josh Nyman General Manager SPOKE. josh@hellospoke.com.au +61 413 243 440

About First Graphene Ltd (ASX: FGR)

First Graphene Limited is focused on the development of advanced materials to help industry improve. The Company is a leading supplier of graphitic materials and product formulations with a specific commercial focus on large, high-growth global markets including cement and concrete; composites and plastics; coatings, adhesives, silicones and elastomers (CASE); and energy storage applications.

One of the key benefits of these advanced materials offer is the reduction of carbon dioxide emissions, whether directly through a reduction in output of these harmful greenhouse gases or lower energy usage requirements in manufacturing, or indirectly due to enhanced performance characteristics and extending the usable life of products.

First Graphene has a robust manufacturing platform based on captive and abundant supply of high-purity raw materials, and readily scalable technologies to meet growing market demand.

ASX ANNOUNCEMENT

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As well as being the world’s leading supplier of its own high performance PureGRAPH[®] graphene product range, the Company works with multiple industry partners around the world as a supplier of graphitic materials and partner to research, develop, test and facilitate the commercial marketing of a wide range of sector-specific chemical solutions.

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, where it has a strong marketing and R&D capability.

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