FREELANCER LIMITED — Share Issue/Capital Change 2021

Oct 24, 2021

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

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Announcement Summary

Entity name

FREELANCER LIMITED

Date of this announcement

Monday October 25, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	Options to acquire FPO shares in FLN,	63,889	22/10/2021
to be confirmed	exercisable at $0.72 per option, on or before 20
	October 2031

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

FREELANCER 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

66141959042

1.3 ASX issuer code

FLN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

25/10/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

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----- Start of picture text ----- New +securities issued under an +employee incentive schemeASX +security code +Security descriptionNew class - code to be confirmed Options to acquire FPO shares in FLN, exercisable at$0.72 per option, on or before 20 October 2031+Security type ISIN codeOptionsDate the +securities the subject of this notification were issued22/10/2021Will all the +securities issued in this class rank equally in all respects from their issue date?YesWere any of the +securities issued to +key management personnel (KMP) or an +associate?NoHave you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?NoPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://www.freelancer.com/about/investor-pdf.php?id=155215536&name=LTIP%20Rules%20-%20Freelancer%20Limited%20-%202021-07-28Options Details+Security currency Exercise price Expiry dateAUD - Australian Dollar AUD 0.72000000 20/10/2031Details of the existing class of +security that will be issued upon exercise or conversion of this new class ofcompany optionFLNAI : ORDINARY FULLY PAIDPlease provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://www.freelancer.com/about/investor-pdf.php?id=155215536&name=LTIP%20Rules%20-%20Freelancer%20Limited%20-%202021-07-28Any other information the entity wishes to provide about the +securities the subject of this notification----- End of picture text -----

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Issue details

Number of +securities

63,889

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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
FLN : ORDINARY FULLY PAID	450,907,108
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
FLNAI : ORDINARY FULLY PAID	1,609,528
New class - code to be confirmed : Options to acquire FPO shares in FLN, exercisable at	63,889
$0.72 per option, on or before 20 October 2031

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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