IDENTITII LIMITED — Capital/Financing Update 2020

Dec 2, 2020

ASX ANNOUNCEMENT 3 December 2020

==> picture [100 x 17] intentionally omitted <==

Share Purchase Plan – Cleansing Notice

3 December 2020 - Identitii Limited (Identitii, Company) (ASX:ID8) confirms its intention to open the Share Purchase Plan ( SPP ) to raise up to $2 million at $0.146 per share as announced to the market on 26 November 2020 after the SPP Offer booklet is released to ASX later today.

The SPP will be offered in accordance with ASIC Corporations (Share and Interest Purchase Plan) Instrument 2019/547 ( Instrument ). It is a condition of that Instrument that the Company gives this notice within the 24 hour period prior to making the SPP Offer.

Identitii gives notice that:

1. It will make offers to issue shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act ) as modified by ASIC instrument 20-1082 (attached);

2. This notice is given in accordance with the Instrument;

3. As at the date of this notice, Identitii has complied with:

4. a. the provisions of Chapter 2M of the Act as they apply to the Company; and

5. b. Section 674 of the Act; and

6. As at the date of this notice, there is no excluded information (as defined in subsections 708A(7) and 708A(8) of the Act) which is required to be disclosed to the Company.

This announcement has been authorised to be given to the ASX by Elissa Hansen, Company Secretary, Identitii Limited.

For more information, please contact:

Media

Jane Morgan Jane Morgan Management for Identitii E: jm@janemorganmanagement.com.au P: +61 405 555 618

Investors Michael Kotowicz Investor Relations Manager E: investors@identitii.com P: +61 416 233 145

Identitii Limited

==> picture [137 x 21] intentionally omitted <==

ABN 83 603 107 044 129 Cathedral St, Woolloomooloo, NSW 2011, Australia www.identitii.com info@identitii.com

20-1082

Australian Securities and Investments Commission Corporations Act 2001 – Paragraphs 741(1)(a) & 741(1)(b) – Declaration and Exemption

Enabling legislation

1. The Australian Securities and Investments Commission ( ASIC ) makes this instrument under paragraphs 741(1)(a) and 741(1)(b) of the Corporations Act 2001 ( Act ).

Title

1. This instrument is ASIC instrument 20-1082.

Commencement

1. This instrument commences on the date it is signed.

Declaration

1. Chapter 6D of the Act applies to an offer for sale of ordinary shares in the Company as if paragraph 708A(5)(b) of the Act were modified by deleting the words “5 days” and substituting the words “70 days”.

Exemption

1. The Company does not have to comply with Part 6D.2 or 6D.3 of the Act (other than sections 736 and 738) for an offer of shares for issue, to be made on or about 25 November 2020, under a Purchase Plan.

Where this instrument applies

1. The declaration in paragraph 4 of this instrument modifying paragraph 708A(5)(b) of the Act applies to an offer for sale of ordinary shares within 12 months of issue where:

   • (a) the offer to issue ordinary shares in the Company did not require disclosure Part 6D.2 of the Act because of subsection 708(8) or subsection 708(11) of the Act; and

   • (b) in relation to each relevant issue of Shares, the Company has given ASX Limited ACN 008 624 691 a notice under paragraph 708A(5)(e) of the Act which complies with subsection 708A(6) of the Act.

2. The exemption in paragraph 5 of this instrument applies where the Company:

3. (a) satisfies the requirements and conditions of the Instrument except for subparagraph 7(a)(ii); and

1

20-1082

• (b) would satisfy the requirement in subparagraph 7(a)(ii) of the Instrument if that subparagraph were to read:

“(ii) is not suspended from trading and was not suspended from trading on that market for more than a total of 70 days during the shorter of the period during which the class was quoted, and the period of 12 months before the day on which the offer is made;”

Interpretation

1. In this instrument:

Company means Identitii Limited ACN 603 107 044;

Instrument means ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ; and

Purchase Plan has the same meaning as in the Instrument.

Dated this 24[th] day of November 2020

==> picture [128 x 60] intentionally omitted <==

Signed by Nayanisha Samarakoon

as a delegate of the Australian Securities and Investments Commission

2