FLUENCE CORPORATION LIMITED — Director's Dealing 2022

Mar 17, 2022

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity	Fluence Corporation Limited
ABN	52 127 734 196

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Date of appointment	Thomas Pokorsky
	14 March 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

• See chapter 19 for defined terms.

11/3/2002

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. N/A	Number & class of Securities Nil

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Executive Employment Agreement
Nature of interest	Direct
Name of registered holder (if issued securities)	To be confirmed

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

No. and class of securities to which interest relates

• 31,250,000 unlisted options ( Options ) to be granted upon shareholders approval at the Company’s next annual general meeting, on the following terms:

• (a) The vesting of the options is subject to time and performance vesting conditions;

• (b) The exercise price will be determined by the 10-day Volume Weighted Average Price preceding 14 March 2022 ( Start Date VWAP ), that:

• (i) For up to 12,500,000 time vesting Options, 110% of the Start Date VWAP;

• (ii) For up to 6,250,000 performance vesting Options, 110% of the Start Date VWAP,

• (iii) For up to 12,500,000 performance vesting Options, 110% - 140% (10% incremental increase for each performance year between 2023 and 2026) of the Start Date VWAP;

• (c) Each Option will be converted to one fully paid ordinary share upon exercise.

• The Options expire on the 5[th] anniversary of the appointment date (14 March 2022).

• See chapter 19 for defined terms.

11/3/2002

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