FORTIFAI LTD — Share Issue/Capital Change 2024

Feb 7, 2024

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

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Announcement Summary

Entity name

MIGHTY KINGDOM LIMITED

Date of this announcement

Thursday February 08, 2024

The +securities the subject of this notification are:

+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 Executive Options 7,200,000 08/02/2024 to be confirmed

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

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Part 1 - Entity and announcement details

1.1 Name of entity

MIGHTY KINGDOM 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 39627145260

1.3 ASX issuer code

MKL

1.4 The announcement is

New announcement

1.5 Date of this announcement

8/2/2024

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+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:

does not have an existing ASX security code ("new class")

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Appendix 3G - 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)

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ASX +security code +Security description
New class - code to be confirmed Executive Options
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+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
8/2/2024
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?
Yes

Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Simon Rabbitt	Simon Rabbitt	4,000,000
Grant Osborne	Grant Osborne	3,200,000

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/2924-02732809-2A1484131

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.04000000 31/12/2025

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

MKL : ORDINARY FULLY PAID

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/2924-02732809-2A1484131

Any other information the entity wishes to provide about the +securities the subject of this notification Shareholder approval received at the AGM on 28 November 2023

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

Issue details

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Number of +securities

7,200,000

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Appendix 3G - 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 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)

	Total number of
ASX +security code and description	+securities on issue
MKL : ORDINARY FULLY PAID	475,923,760
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
MKLAH : OPTION EXPIRING 19-DEC-2025 EX $0.035	12,000,000
MKLAC : OPTION EXPIRING 02-MAR-2024 EX $0.30	486,939
MKLAD : OPTION EXPIRING 09-MAR-2024 EX $0.30	486,939
MKLAE : OPTION EXPIRING 19-NOV-2025 EX $0.15	10,254,109
MKLAF : OPTION EXPIRING 16-FEB-2026 EX $0.15	4,679,500
MKLAG : OPTION EXPIRING 19-NOV-2025 EX $0.15	2,234,750
New class - code to be confirmed : Executive Options	7,200,000

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

28/11/2023

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