HYTERRA LTD — Share Issue/Capital Change 2023

Nov 20, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

HYTERRA LTD

Announcement Type

New announcement

Date of this announcement

Tuesday November 21, 2023

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
New class - code	QUOTED OPTION EXPIRING 30-JUN-2025	40,250,000	21/11/2023
to be confirmed

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

HYTERRA LTD

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 68116829675

1.3 ASX issuer code

HYT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/11/2023

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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New +securities in a class that is not yet quoted on ASX ("new class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3C - number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix

3B

Existing +securities converting into a new class

FROM (Existing Class) ASX +security code and description HYTAE : OPTION EXPIRING 30-JUN-2025 EX $0.025

TO (New Class) ASX +security code New class - code to be confirmed

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TO (New Class)
+Security description
QUOTED OPTION EXPIRING 30-JUN-2025
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TO (New Class)	TO (New Class)
+Security type	ISIN Code
Options
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted		21/11/2023
40,250,000
Is this all of the options or other +convertible securities on issue of that type		(ie have all of those options now been
exercised or have all of those convertible securities now been converted)?
No
The right of the holder of the options	or other +convertible securities to receive the +underlying securities is being
satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Issue date

21/11/2023

Application for quotation of +securities

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Application for quotation of +securities

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Will all the +securities issued in this class rank equally in all respects from the issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

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	%
Options Details
+Security currency Exercise price	Expiry date
AUD - Australian Dollar AUD 0.02500000	30/6/2025
Details of the type of +security that will be issued if an option is exercised
HYT : ORDINARY FULLY PAID
Number of +securities that will be issued if an option is exercised
One ordinary fully paid shares for each option exercised
Please provide a URL link for a document lodged with ASX setting out the	material terms of the +securities to be
quoted or provide the information by separate announcement. Please refer to section 10.3 of the Supplementary Prospectus dated 5 October https://announcements.asx.com.au/asxpdf/20221130/pdf/45j8p3nnqfyt5v.pdf	2022.

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

40,250,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Options issued to the convertible note holders, cleansed by the ¿Consideration Offer¿ that was offered under the re-compliance prospectus.

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

0.012300

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

Application for quotation of +securities

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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:

(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
HYT : ORDINARY FULLY PAID	562,498,682
HYTO : OPTION EXPIRING 31-OCT-2025	45,533,334
New class - code to be confirmed : QUOTED OPTION EXPIRING 30-JUN-2025	40,250,000

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
HYTAF : OPTION EXPIRING 30-JUN-2025 RESTRICTED	154,600,000
HYTAE : OPTION EXPIRING 30-JUN-2025 EX $0.025	0
HYTAG : OPTION EXPIRING 30-JUN-2025 RESTRICTED	32,150,000
HYTAH : PERFORMANCE RIGHTS RESTRICTED	44,000,000
HYTAK : OPTION EXPIRING 25-OCT-2026 EX NIL	46,000,000
HYTAI : OPTION EXPIRING 30-JUN-2025 EX $0.025	2,500,000
HYTAD : ORDINARY FULLY PAID RESTRICTED	44,004,200
HYTAJ : OPTION EXPIRING 30-MAY-2028 EX NIL	5,000,000

Application for quotation of +securities

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