FLEXIROAM LIMITED — Share Issue/Capital Change 2023

Oct 3, 2023

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

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Announcement Summary

Entity name

FLEXIROAM LIMITED

Date of this announcement

Wednesday October 04, 2023

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Employee Options	1,000,000	04/10/2023
to be confirmed
New class - code	Employee Options	1,000,000	04/10/2023
to be confirmed
New class - code	Employee Options	1,000,000	04/10/2023
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

FLEXIROAM 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

27143777397

1.3 ASX issuer code

FRX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

4/10/2023

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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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----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed Employee Options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
4/10/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
Yes
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/2924-02667000-6A1150572?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.03500000 4/10/2028
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Each vested employee option entitles the holder to subscribe for one fully paid ordinary share upon exercise of the option.
Please provide 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/2924-02667000-6A1150572?access_token=8
3ff96335c2d45a094df02a206a39ff4
----- End of picture text -----

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

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

Refer to Schedule A of the Notice of Meeting dated 17 May 2023 for additional information on the terms and conditions of the options. The employee options are issued on the same terms. The employee options may only be exercised by the holder if the vesting conditions are satisfied and the holder remains continuously employed or engaged (as applicable) with the Company.

Issue details

Number of +securities

1,000,000

ASX +security code +Security description New class - code to be confirmed Employee Options +Security type ISIN code Options Date the +securities the subject of this notification were issued 4/10/2023

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

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes 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/2924-02667000-6A1150572?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.07500000 4/10/2028

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

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

Other

Description

Each vested employee option entitles the holder to subscribe for one fully paid ordinary share upon exercise of the option.

Please provide 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/2924-02667000-6A1150572?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Refer to Schedule A of the Notice of Meeting dated 17 May 2023 for additional information on the terms and conditions of the options. The employee options are issued on the same terms. The employee options may only be exercised by the holder if the vesting conditions are satisfied and the holder remains continuously employed or engaged (as applicable) with the Company.

Issue details

Number of +securities

1,000,000

ASX +security code

New class - code to be confirmed

+Security description Employee Options

+Security type Options

ISIN code

Date the +securities the subject of this notification were issued

4/10/2023

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

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

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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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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Yes

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/2924-02667000-6A1150572?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency

AUD - Australian Dollar

Exercise price AUD 0.11500000

Expiry date

4/10/2028

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

Other

Description

Each vested employee option entitles the holder to subscribe for one fully paid ordinary share upon exercise of the option.

Please provide 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/2924-02667000-6A1150572?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Refer to Schedule A of the Notice of Meeting dated 17 May 2023 for additional information on the terms and conditions of the options. The employee options are issued on the same terms. The employee options may only be exercised by the holder if the vesting conditions are satisfied and the holder remains continuously employed or engaged (as applicable) with the Company.

Issue details

Number of +securities

1,000,000

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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
FRX : ORDINARY FULLY PAID	664,191,704
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
FRXAK : OPTION EXPIRING 21-JUN-2028 EX $0.035	26,163,332
FRXAL : OPTION EXPIRING 21-JUN-2028 EX $0.075	26,163,332
FRXAM : OPTION EXPIRING 21-JUN-2028 EX $0.115	26,163,336
FRXAE : SHARE RIGHTS	300,000
New class - code to be confirmed : Employee Options	1,000,000
New class - code to be confirmed : Employee Options	1,000,000
New class - code to be confirmed : Employee Options	1,000,000

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

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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? Yes

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

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