HEXIMA LIMITED. — Share Issue/Capital Change 2026

Apr 15, 2026

This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

+Rule 3.10.1, 3.20.4, 7.18-7.24, 15.3, Appendix 7A section 8

Appendix 3A.4

Notification of cash return of capital

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Please note that two or more corporate actions on the same security may not run with different record dates if the timetables result in overlapping (but not identical) ex-periods. It is permissible to run different corporate actions with the same record date except in the case of consolidations or splits which cannot run at the same time as any other corporate action for that entity.

*Denotes minimum information required for first lodgement of this form.

*Denotes information that must be provided on or before business day 0 of the relevant Appendix 6A or Appendix 7A timetable.

The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

If a cash special dividend is paid at the same time as the return of capital the entity must also lodge Appendix 3A.1 – notification of dividend / distribution.

Part 1 – Entity and announcement details

Question no	Question	Answer
1.1	*Name of entity	Hexima Limited
1.2	*Registration type and number
One of ABN/ARSN/ARBN/ACN or other registration type and number (if “other” please specify what type of registration number has been provided).	ABN 64079319314
1.3	*ASX issuer code	HXL
1.4	*The announcement is
Tick whichever is applicable.	☐ New announcement
☑ Update/amendment to previous announcement
☐ Cancellation of previous announcement
1.4a	*Reason for update
Mandatory only if “Update” ticked in Q1.4 above. A reason must be provided for an update.	Item 2.1a – approval condition met
1.4b	*Date of previous announcement to this update
Mandatory only if “Update” ticked in Q1.4 above.
1.4c	*Reason for cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above. If information has previously been provided in Part 3D of the form “Preference” security distribution rate details” please also confirm whether the rate changes remain in place for the *security or are also cancelled.
1.4d	*Date of previous announcement to this cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.
1.5	*Date of this announcement	16 April 2026

• See chapter 19 for defined terms

1 December 2019

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This appendix is available as an online form
Appendix 3A.4
Notification of cash return of capital

	The date of lodgement of the form by the entity via ASX Online.
1.6	Applicable ASX security code and description for cash return of capital
Please select the security to which the notification applies. Only one security can be selected for each form. Consequent changes to option pricing are covered in later parts of this form.	ASX *security code: HXL
*Security description: Fully paid ordinary shares

• See chapter 19 for defined terms
  1 December 2019
  Page 2

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This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

Part 2 – Approvals

Question No.	Question			Answer
2.1	*Are any of the below approvals required for the cash return of capital before business day 0 of the timetable?
• *Security holder approval
• Court approval
• Lodgement of court order with *ASIC
• ACCC approval
• FIRB approval;
• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the cash return of capital.
If any of the above approvals apply to the cash return of capital before business day 0 of the timetable, please answer ‘yes’ and provide details at Q2.1a. If “no” go to Q2.2.
The purpose of the question is to confirm that relevant approvals are received prior to ASX establishing an ex market in the *securities. If the entity wishes to disclose approvals or conditions which are to be resolved at a later date it should use Part 5 “Further information”.			Yes
Security holder approval
2.1a	Approvals
Select appropriate approval from drop down box as applicable. More than one approval can be selected. This question refers only to events which take place before business day 0 of the timetable. The purpose of the question is to confirm that relevant approvals are received prior to ASX establishing an ex market in the securities. The “Date for determination” is the date that you expect to know if the approval is given for example the date of the security holder meeting in the case of *security holder approval or the date of the court hearing in the case of court approval. If the entity wishes to disclose approvals or conditions which are to be resolved at a later date it should use Part 5 “Further information”. Please note that Listing Rules 7.19.1-7.19.3 set time limits for the notification of court approval, the proposed date for lodgement of court order with a regulatory authority and confirmation that the court order has been lodged with the regulatory authority.
*Approval/condition		*Date for determination	*Is the date estimated or actual?	**Approval received/condition met?
Only answer this question when you know the outcome of the approval – please advise on or before *business day 0 of the relevant Appendix 6A or Appendix 7A timetable.	Comments
*Security holder approval		16 April 2026	☐ Estimated
OR
☑ Actual	☑ Yes
☐ No

• See chapter 19 for defined terms

1 December 2019

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This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

| Court approval | | | ☐ Estimated
OR
☐ Actual | ☐ Yes
☐ No | |
| --- | --- | --- | --- | --- | --- |
| Lodgement of court order with ASIC | | | ☐ Estimated
OR
☐ Actual | ☐ Yes
☐ No | |
| ACCC approval | | | ☐ Estimated
OR
☐ Actual | ☐ Yes
☐ No | |
| FIRB approval | | | ☐ Estimated
OR
☐ Actual | ☐ Yes
☐ No | |
| Other (please specify in comment section) | | | ☐ Estimated
OR
☐ Actual | ☐ Yes
☐ No | |
| 2.2 | Is the cash return of capital a selective reduction of capital
If “yes” please answer Q2.2a and 2.2b, if “no” go to Part 3. | | | No | |
| 2.2a | Date of lodgement of security holder resolution approving the cash return of capital with ASIC
Please provide the estimated or actual date of lodgement of security holder resolution approving the cash return of capital with ASIC. If estimated date is provided please provide the actual date by way of an update to this form when the resolution has been lodged with ASIC. | | | | |
| 2.2b | Date that is fourteen days after date of lodgement of security holder resolution approving the capital return with *ASIC | | | | |

Amended 29/06/15

• See chapter 19 for defined terms

1 December 2019

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This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

Part 3 – cash return of capital timetable and details

Question No.	Question	Answer
3.1	**Record date
Per Appendix 7A, section 8 the +record date is “business day 3 in the timetable. This is three +business days after the effective date (Q3.1a).
This is the last day for the entity to register transfers on a pre return of capital basis and the date on which the register is closed to determine entitlements to the cash return of capital.
The “record date must be at least four “business days from the current date.
Please note that the +record date and the date that trading in the re-organised +securities on an “ex return of capital” basis commences (Q3.3) cannot be changed (even to postpone it or cancel it) any later than 12 noon Sydney time on the day before the previously advised date that trading in the re-organised +securities on an “ex return of capital” basis commences (Q3.3)..	22 April 2026
3.1a	Effective date of the cash return of capital
Per Appendix 7A, section 8 the effective date is +business day 0 in the timetable and is 3 +business days before the +record date.
In the case of an equal reduction, this is the day after the resolution approving the cash return of capital and in the case of a selective reduction, 14 days after the date of lodgement of a copy of the resolution approving the cash return of capital with ASIC under section 256C(3) of the Corporations Act.	17 April 2026
3.2	*Does the entity have quoted options on issue
If the answer is Yes, answer 3.4a, 3.5a & b	No
3.2a	Last day for trading in “cum return of capital” +securities. If the entity has quoted options, last day for trading in pre-return of capital quoted options.
Per Appendix 7A, section 8 this is +business day 1 in the timetable and one +business day after the effective date.
The last day for trading in pre return of capital quoted options only applies if the entity has quoted options in which case the exercise price will change and new holding statements will be issued to option holders.	20 April 2026
3.3	Trading in the re-organised securities on an “ex return of capital” basis commences.
If the entity has quoted options and ASX agrees, trading in the quoted options commences on a “deferred settlement basis.
If the entity’s +securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.
Per Appendix 7A, section 8 this is +business day 2 in the timetable and the second “business day after the effective date.	21 April 2026

• See chapter 19 for defined terms

1 December 2019

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This appendix is available as an online form
Appendix 3A.4
Notification of cash return of capital

	Please note that the "record date and the date that trading in the re-organised +securities on an "ex return of capital" basis commences cannot be changed (even to postpone it or cancel it) any later than 12 noon Sydney time on the day before the previously advised last day for trading in "cum return of capital" +securities (Q3.2a).
3.4	*Record date
Same as Q3.1 above.	22 April 2026
3.4a	If the entity has quoted options, first day for the entity to send holding statements to security holders notifying them of the change in exercise price for the quoted options they hold.

This date only applies if the entity has quoted options.

Per Appendix 7A, section 8 this is +business day 4 in the timetable and one business day after the record date. | |
| 3.5 | * Payment date for cash return of capital.
If applicable and the entity has quoted options, deferred settlement market in options ends. Last day for entity to send holding statements to security holders notifying them of the change in exercise price for the quoted options they hold and to notify ASX that this has occurred.

Per Appendix 7A, section 8 this is +business day 8 in the timetable and five business days after the record date.

Please note that the payment date cannot be changed (even to postpone it or cancel it) any later than 12 noon Sydney time on the day of the previous payment date advised. | 29 April 2026 |
| 3.5a | If the entity has quoted options, trading in the options starts on a normal T+2 basis

Per Appendix 7A, section 8 this is business day 9 in the timetable. This date is six business days after the record date and is the business day after the payment date. | |
| 3.5b | If the entity has quoted options, first settlement of trades conducted on a *deferred settlement basis and on a normal T+2 basis

Per Appendix 7A, section 8 this is business day 11 in the timetable. This date is eight business days after the record date and two business days after T+2 trading starts. | |
| 3.6 | *Currency in which the cash return of capital is made

This currency will be the currency in which all other fields relating to the return of capital will appear. This is referred to as the "primary currency". | AUD: Australian Dollar |
| 3.7 | Cash return of capital amount per security

Please provide the amount of the cash return of capital in the primary currency. If the currency is not AUD please answer 3.7a – 3.7c. | AUD 0.006 |

• See chapter 19 for defined terms
  1 December 2019
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This appendix is available as an online form
Appendix 3A.4
Notification of cash return of capital

| 3.7a | AUD equivalent return of capital amount per *security (in primary currency)

Only for non-AUD returns of capital.

ASX publishes an AUD equivalent amount for non-AUD returns of capital. If this amount is not provided by the entity it is calculated and published using the RBA rate of exchange on the day before the effective-date. The entity should only populate this field if an actual amount is known. If amount not known please answer 3.7b. If known go to 3.7c. | |
| --- | --- | --- |
| 3.7b | If AUD equivalent not known, date for information to be released | |
| 3.7c | FX rate (in format AUD 1.00 / Primary currency rate) | |

Amended 07/03/16; Amended 01/12/19

• See chapter 19 for defined terms
  1 December 2019
  Page 7

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This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

Part 4 – Changes to option pricing as a result of the cash return of capital

Question No.	Question		Answer
4.1	*Will the cash return of capital affect the exercise price of any entity-issued options
If “yes”, please answer Q4.1a, if “no” go to Part 5.		Yes
4.1a	*Exercise price of options
Please confirm the exercise price of options on issue before and after the cash return of capital. Please provide the amount in the primary currency in dollars (or equivalent denomination for foreign currency). Listing Rule 7.22.3 governs the change in exercise price of options in a cash return of capital. If there is more than one “security” please include the additional “securities”.
ASX “security code	ASX “security description	Quoted/unquoted	Currency	Exercise price before cash return of capital	Exercise price after cash return of capital
HXLAR	Options	Unquoted	AUD	$0.575	$0.206
HXLAJ	Options	Unquoted	AUD	$0.200	$0.776
HXLAL	Options	Unquoted	AUD	$0.205	$0.796
HXLAM	Options	Unquoted	AUD	$0.275	$1.076

• See chapter 19 for defined terms

1 December 2019

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This appendix is available as an online form

Appendix 3A.4

Notification of cash return of capital

Part 5 – Further Information

Question No.	Question	Answer
5.1	*Has the entity applied for an ATO class ruling relating to this cash return of capital?
If “yes” please answer Q5.1a, if “no” go to 5.2. If the ATO ruling is a condition of the event proceeding please include it at Q2.1 and 2.1a – Conditions.	No
5.1a	*Please provide further information on the ATO ruling
If the ATO ruling is a condition of the event proceeding please include it at item 2.1 and 2.1a - Conditions.
5.2	Source of funds for cash return of capital	Cash on hand
5.3	Further information relating to this cash return of capital
Please provide any further information relating to this cash return of capital.	The Company's shares are suspended and references to deferred settlement and/or trading are included for ASX's timetable purposes only. The Company will also be cancelling shares. The above option numbers and prices are after adjustment for the cancellation. Please also refer to the Appendix 3A.3 and Notice of Meeting released in conjunction with this Appendix 3A.4.

Introduced 22/09/14, Amended 29/06/15; Amended 07/03/16; Amended 01/12/19

• See chapter 19 for defined terms

1 December 2019