FLUENCE CORPORATION LIMITED — Share Issue/Capital Change 2021

Jun 24, 2021

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

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Announcement Summary

Entity name

FLUENCE CORPORATION LIMITED

Date of this announcement

Friday June 25, 2021

The +securities the subject of this notification are: Other

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 Unlisted Options 1,500,000 25/06/2021 to be confirmed

Refer to next page for full details of the announcement

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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

FLUENCE CORPORATION 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

ACN

Registration number

127734196

1.3 ASX issuer code

FLC

1.4 The announcement is

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New announcement

1.5 Date of this announcement

25/6/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Issue of unlisted options pursuant to Resolution 7 of the Annual General Meeting held on 27 May 2021

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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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

New +securities ASX +security code +Security description New class - code to be confirmed Unlisted Options +Security type ISIN code Options Date the +securities the subject of this notification were issued 25/6/2021 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No 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/2924-02366969-3A565854?access_token=83 ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.29000000 30/6/2022 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description FLC: Fully Paid Ordinary Share

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

Issue of unlisted options to Richard Irving, pursuant to Resolution 7of the Company's Notice of Annual General Meeting held on 27 May 2021, as approved by Shareholders.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to

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

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the market in an Appendix 3B

N/A

Issue details

Number of +securities

1,500,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Nil

Purpose of the issue

To pay for services rendered

Additional Details

Additional remuneration which aligns shareholder and Director interests

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

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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
FLC : ORDINARY FULLY PAID	624,854,034
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
FLCAJ : OPTION EXPIRING 1-MAR-2024 EX 44C	1,490,000
FLCAA : OPTION EXPIRING 29-JAN-2025 EX $0.26	172,000
FLCAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	28,553,907
FLCAK : OPTION EXPIRING 30-AUG-2024 EX $0.23	250,000
FLCAL : OPTION EXPIRING 31-MAR-2025 EX $0.23	2,780,000
New class - code to be confirmed : Unlisted Options	1,500,000

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

14

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