FLEXIROAM LIMITED — Share Issue/Capital Change 2023

Jun 1, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

FLEXIROAM LIMITED

Announcement Type

New announcement

Date of this announcement

Friday June 02, 2023

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
FRX	ORDINARY FULLY PAID	14,500,000	02/06/2023

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

FLEXIROAM 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 27143777397

1.3 ASX issuer code

FRX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

2/6/2023

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

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

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description FRXAI : PERFORMANCE RIGHTS FY2023

TO (Existing Class) ASX +security code and description

FRX : ORDINARY FULLY PAID

Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	2/6/2023	2/6/2023
10,000,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
Marc Barnett	Marc Barnett	10,000,000

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

2/6/2023

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

Issue details

Number of +securities to be quoted

10,000,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Fully paid ordinary shares issued for no consideration on the vesting and conversion of the FY2023 CEO Performance Rights.

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

0.035000

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

N/A

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

FRXAJ : EXECUTIVE PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description

FRX : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted 1

The first date the options were The last date the options were exercised or other +convertible exercised or other +convertible securities were converted securities were converted 2/6/2023 2/6/2023

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been

Application for quotation of +securities

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Application for quotation of +securities

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exercised or have all of those convertible securities now been converted)? Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are:

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Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

Number of options being exercised or other +convertible securities Name of KMP Name of registered holder being converted Marc Barnett Marc Barnett 1

Issue date

2/6/2023

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

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

4,500,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Fully paid ordinary shares issued for nil consideration on the vesting and conversion of the FY2023 Executive Performance Right after meeting a set of performance measures.

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

0.035000

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

N/A

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
FRX : ORDINARY FULLY PAID	656,413,276
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
FRXAI : PERFORMANCE RIGHTS FY2023	0
FRXAJ : EXECUTIVE PERFORMANCE RIGHTS	0
FRXAE : SHARE RIGHTS	900,000

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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