HIGHCOM LIMITED — Share Issue/Capital Change 2026

Apr 1, 2026

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

HIGHCOM LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday April 02, 2026

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
HCL	ORDINARY FULLY PAID	9,329,333	02/04/2026

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

HIGHCOM 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

ACN

Registration number

103629107

1.3 ASX issuer code

HCL

1.4 The announcement is

New announcement

1.5 Date of this announcement

2/4/2026

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details: Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 11-Feb-2026 09:44 New - Proposed issue of securities - A placement or other type of issue HCL

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description HCL : ORDINARY FULLY PAID

Issue date

2/4/2026

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

600,000

Are the +securities being issued for a cash consideration? Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.20000000

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

The Tranche 2 Placement Shares are issued to Directors of the Company, under ASX LR 10.11. Refer to Resolutions 4, 5 and 6 and the explanatory statements of the GM Notice of Meeting released on 19 February 2026 for further information: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03058628-3A687526&v=undefined

ASX +security code and description

HCL : ORDINARY FULLY PAID

Issue date

2/4/2026

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

8,729,333 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.20000000 Any other information the entity wishes to provide about the +securities to be quoted The Tranche 2 Placement Shares are issued to professional and sophisticated investors, under ASX LR 7.1. Refer to Resolution 3 and the explanatory statement of the GM Notice of Meeting released on 19 February 2026 for further information: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03058628-3A687526&v=un defined

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Appendix 2A - Application for quotation of securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are 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 HCL : ORDINARY FULLY PAID 141,655,172

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

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