IDENTITII LIMITED — Capital/Financing Update 2022

Dec 27, 2022

ASX ANNOUNCEMENT 28 December 2022

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Rights Issue Closure and Shortfall Notification

28 December 2022 - Identitii Limited (Identitii, Company) (ASX:ID8) advises that its recent Rights Issue closed on 20 December 2022 and raised $416,868 before costs, with a shortfall balance of $3,607,320. Identitii Chair Tim Phillipps, and CEO John Rayment both took up their full entitlements.

The Rights Issue was a pro-rata non-renounceable entitlement issue to eligible shareholders of one (1) New Share for every two (2) existing Shares held by eligible shareholders on the Record Date, at an issue price of $0.04 per New Share, together with one (1) free New Option for every two (2) New Shares applied for and issued.

The results of the Rights Issue are as follows:

Total Number on Offer:Total Number Applied for:Shortfall Number:	Shares100,604,70610,421,70690,183,000	Options50,302,3535,210,85345,091,500

Allotment of the 10,421,706 New Shares and approximately 5,210,853 Options is expected to occur on 29 December 2022, with the shortfall expected to be placed subsequently.

Commenting on today’s announcement, CEO John Rayment said: “My sincere thanks to those shareholders who participated in our Rights Issue, and to all of our shareholders for their ongoing support. It was important to the Board that we offered our existing investors the first opportunity to participate in our capital raising efforts and I am glad we were able to do that. Early in the New Year we commence phase two of our capital raising plans and I am confident we will place the shortfall by Monday, 20 March 2023.”

The Shortfall Offer is a separate offer made pursuant to the prospectus and will remain open for up to three months following the Closing Date. The issue price for each Share to be issued under the Shortfall Offer shall be $0.04, being the price at which Shares were offered under the Rights Issue.

Identitii Limited

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ABN 83 603 107 044 285a Crown Street, Surry Hills, NSW 2010, Australia www.identitii.com info@identitii.com

Funds raised under the Rights Issue will be used, in part, for sales and marketing, and continued product development.

This announcement has been approved and authorised to be given to the ASX by the CEO of Identitii Limited.

For more information, please contact:

Investors

Michael Kotowicz E: investors@identitii.com P: +61 416 233 145

About Identitii

Identitii Limited is helping regulated entities reduce their exposure to regulatory risk, without replacing existing technology systems. Founded in 2014 and headquartered in Sydney, Australia, Identitii is listed on the Australian Securities Exchange (ASX:ID8).

For more information visit: www.identitii.com

Identitii Limited

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ABN 83 603 107 044 285a Crown Street, Surry Hills, NSW 2010, Australia www.identitii.com info@identitii.com