GENMIN LIMITED — Share Issue/Capital Change 2021

Sep 2, 2021

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

GENMIN LIMITED

Announcement Type

New announcement

Date of this announcement

Friday September 03, 2021

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
GEN	ORDINARY FULLY PAID	1,450,000	03/09/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

GENMIN 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 81141425292

1.3 ASX issuer code

GEN

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

3/9/2021

Application for quotation of +securities

2 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

==> picture [8 x 8] intentionally omitted <==

Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

3 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

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

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description GENAD : PERFORMANCE RIGHTS 25-AUG-2021 RESTRICTED

TO (Existing Class) ASX +security code and description GEN : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 1,200,000

Please provide details of 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/2924-02351337-6A1023683?access_token=8 3ff96335c2d45a094df02a206a39ff4 Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes Provide details of the KMP or +associates being issued +securities Name of KMP Name of registered holder Number of +securities Giuseppe Ariti Giuseppe Ariti 1,200,000 Issue date 3/9/2021

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

4 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities to be quoted

1,200,000

Are the +securities being issued for a cash consideration?

==> picture [9 x 9] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Nil

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

0.000000

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

The securities are being issued as the result of the exercise of vested Performance Rights under the Company's Incentive Performance Rights Plan.

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

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

TO (Existing Class) ASX +security code and description

GEN : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 250,000

Please provide details of 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/2924-02351337-6A1023683?access_token=8 3ff96335c2d45a094df02a206a39ff4

Are any of these +securities being issued to +key management personnel (KMP) or an +associate

Application for quotation of +securities

5 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

==> picture [9 x 6] intentionally omitted <==

No

Issue date 3/9/2021 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 250,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted The securities are being issued as the result of the exercise of vested Performance Rights under the Company's Incentive Performance Rights Plan.

Application for quotation of +securities

6 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - Issued capital following quotation

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
GEN : ORDINARY FULLY PAID	283,487,850

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
GENAA : ORDINARY FULLY PAID RESTRICTED	121,220,981
GENAD : PERFORMANCE RIGHTS 25-AUG-2021 RESTRICTED	0
GENAE : PERFORMANCE RIGHTS	335,000
GENAF : OPTION EXPIRING 06-JUN-2022 RESTRICTED	124,403
GENAG : OPTION EXPIRING 14-AUG-2022 RESTRICTED	4,800,000
GENAH : OPTION EXPIRING 14-AUG-2022 EX $0.04	1,000,000
GENAJ : OPTION EXPIRING 31-JAN-2023 EX USD$0.15	1,254,479
GENAK : PERFORMANCE RIGHTS 22-JUN-2023 RESTRICTED	1,200,000
GENAM : OPTION EXPIRING 31-JUL-2024 EX USD$0.15	280,000
GENAN : OPTION EXPIRING 07-MAR-2026 RESTRICTED	5,000,000
GENAL : OPTION EXPIRING 31-JUL-2024 RESTRICTED	250,000

Application for quotation of +securities

7 / 8

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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

13

Application for quotation of +securities

8 / 8