FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Share Issue/Capital Change 2026

May 3, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Announcement Summary

Entity name
FIRSTWAVE CLOUD TECHNOLOGY LIMITED

Date of this announcement
Monday May 04, 2026

The +securities the subject of this notification are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

ASX +security code	Security description	Total number of +securities to be issued/transferred	Issue date
New class - code to be confirmed	Warrants exercisable at A$0.018(1 FPO per warrant), expiring 5 years from date of issue	89,750,723	15/04/2026

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 1 - Entity and announcement details

1.1 Name of entity
FIRSTWAVE CLOUD TECHNOLOGY 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
Registration number
ABN
35144733595

1.3 ASX issuer code
FCT

1.4 The announcement is
New announcement

1.5 Date of this announcement
4/5/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Time	Announcement Title	Selected Appendix 3B to submit quotation request
17-Apr-2026 10:23	New - Proposed issue of securities - FCT	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?
No

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

• ASX +security code and description

• new unquoted class of security

• Date the +securities the subject of this notification were issued

• 15/4/2026

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

Issue details

• Number of +securities

• 89,750,723

• Were the +securities issued for a cash consideration?

• No

• Please describe the consideration being provided for the +securities

• Nil consideration

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code	+Security description
New class - code to be confirmed	Warrants exercisable at A$0.018(1 FPO per warrant),
expiring 5 years from date of issue
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued
15/4/2026

Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://announcements.asx.com.au/asxpdf/20260312/pdf/06xc0gx8t5zr0s.pdf

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

Issue details

Number of +securities
89,750,723

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

ASX +security code and description	Total number of +securities on issue
FCT: ORDINARY FULLY PAID	2,126,880,844

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

ASX +security code and description	Total number of +securities on issue
FCTAAB: SHARE APPRECIATION RIGHTS	114,130,222
FCTAB: OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	104,866,687
FCTAZ: SERVICE RIGHTS	26,226,052
FCTAAA: RESTRICTED RIGHTS	4,669,885
New class - code to be confirmed: Warrants exercisable at A$0.018(1 FPO per warrant), expiring 5 years from date of issue	89,750,723

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities