HERAMED LIMITED — Share Issue/Capital Change 2021

Jun 14, 2021

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

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Announcement Summary

Entity name

HERAMED LIMITED

Date of this announcement

Tuesday June 15, 2021

The +securities the subject of this notification are:

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+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	unlisted options expiring 2 June 2025 and with an	7,440,000	15/06/2021
to be confirmed	exercise price of $0.20

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

HERAMED 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

626295314

1.3 ASX issuer code

HMD

1.4 The announcement is

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New announcement

1.5 Date of this announcement

15/6/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+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:

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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

ASX +security code +Security description New class - code to be confirmed unlisted options expiring 2 June 2025 and with an exercise price of $0.20 +Security type ISIN code Options Date the +securities the subject of this notification were issued 15/6/2021

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.

Name of KMP	Name of registered holder	Number of +securities
Sivan Sadan	Sivan Sadan	1,200,000
Other Employees and or consultants*	Other Employees and or consultants*	6,240,000

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/2995-02099019-6A928041?access_token=83 ff96335c2d45a094df02a206a39ff4

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.20000000 2/6/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

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Description

*vest over 3 years on a quarterly basis with a vesting starting date of 2 June 2021.

Some employees and/or consultants¿ allocation of securities include a sales bonus

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/2995-02099019-6A928041?access_token=83 ff96335c2d45a094df02a206a39ff4

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

*in lieu of exercising the Option for cash, the Optionee may elect to receive Shares equal to the value of this Option (or the portion thereof being exercised) by delivery of a signed notice of exercise indicating the intention to exercise of a cashless basis to the Company, in which event the Company shall issue to the Optionee a number of Shares computed using a certain formula

Issue details

Number of +securities

7,440,000

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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
HMD : ORDINARY FULLY PAID	176,644,240
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
HMDAO : OPTION EXPIRING 14-AUG-2022 EX 20C	3,672,419
HMDAJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	2,000,000
HMDAL : OPTION EXPIRING 15-AUG-2024 EX USD 1C	574,000
HMDAK : OPTION EXPIRING 15-AUG-2024 EX 16.5C	1,225,000
HMDAM : OPTION EXPIRING 19-FEB-2022 EX 25C	2,250,000
HMDAI : OPTION EXPIRING VAR DATES RESTRICT EX VAR PRICES	7,321,655
HMDAH : OPTION EXPIRING VAR DATES EX VAR PRICES	19,258,353
HMDAP : OPTION EXPIRING 21-JUL-2022 EX 15C	4,349,229
HMDAQ : OPTION EXPIRING 14-AUG-2022 EX 15C	5,500,000
New class - code to be confirmed : unlisted options expiring 2 June 2025 and with an	7,440,000
exercise price of $0.20

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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