HELIOS ENERGY LTD — Share Issue/Capital Change 2021

Dec 16, 2021

Helios Energy Ltd 17 December 2021

17 December 2021

Market Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000

Conversion of Listed Options

Helios Energy Limited ( Company or Helios or Issuer) has completed the conversion of 11,409,566 listed options (ASX: HE8OA) into fully paid ordinary shares (ASX: HE8) as per the Appendix 2A lodged earlier today.

Section 708A (5)(e) Notice Issuer: Helios Energy Limited ABN: 61 143 932 110

The Issuer named above notifies ASX (as the operator of the prescribed financial market on which the securities identified below are or are to be quoted) under section 708A(5)(e) that:

ASX Code: HE8

Directors

Hui Ye Non-Executive Chairman Richard He Managing Director Robert Bearden Non-Executive Director

Nicholas Ong Non-Executive Director John Palermo Company Secretary

Contact Details

Australian Office

• (a) the securities identified below were issued without disclosure under Part 6D.2 of the Corporations Act;

• (b) as at the date of this notice the Issuer has complied with the provisions of Chapter 2M as they apply to the Issuer and with section 674 of the Corporations Act; and

• (c) as at the date of this notice there is no information which is excluded information as contained in sections 708A(7) and 708A(8) of the Corporations Act.

DETAILS OF THE ISSUE OF SECURITIES	DETAILS OF THE ISSUE OF SECURITIES
Class of Securities:	Fully paid ordinaryshares
ASX Code of the Securities:	HE8
Date of shares issued:	15 December 2021
Number of shares issued:	11,409,566 fullypaid ordinaryshares

Level 3, 18 Richardson Street West Perth WA 6005 Australia PO Box 1485 West Perth WA Australia 6872

Tel +61 1300 291 195 Fax +61 8 6298 6191

USA Office

3 Riverway, 17[th] Floor Suite 1750, Houston Texas USA 77056

Tel +1 713 333 3613 Fax +1 713 583 0965

www.heliosenergyltd.com

Yours sincerely

John Palermo Company Secretary