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IDENTITII LIMITED Capital/Financing Update 2022

Nov 30, 2022

65097_rns_2022-11-30_b45fb213-f59a-4aeb-970d-5b2958ba756f.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT 1 December 2022

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Replacement: Non-Renounceable Rights Issue – Extension of Closing Date

1 December 2022 - Identitii Limited (Identitii, Company) (ASX:ID8) advises that it has resolved to extend the Closing Date of its Non-Renounceable Rights Issue by two (2) weeks to 5.00pm (AEDT) on 20th December 2022.

On 27 November 2022, the Company announced 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, to raise up to $4,024,198 (before costs) ( Rights Issue ).

The New Options are exercisable at $0.08 and expire on the date that is two years from the date of issue. Shareholders also have the opportunity to apply for any unplaced shares (Shortfall) before the offer is closed. Fund raised under the Rights Issue will be used, in part, for sales and marketing, and continued product development.

The Rights Issue is being offered to shareholders with a registered address in Australia or New Zealand as at the Record Date ( Eligible Shareholders ).

The Closing Date for the Offer has been extended by two (2) weeks to 5.00pm (AEDT) on 20[th] December 2022.

The revised indicative timetable for the Offers is set out below

Lodgement of Prospectus with the ASIC 27 October 2022 Lodgement of Prospectus and Appendix 3B with ASX 27 October 2022 Ex date 3 November 2022 Record Date for determining Entitlements 4 November 2022 Offer opening date, Prospectus sent out to Shareholders 7 November 2022 and Company announces this has been completed Last day to extend the Closing Date 15 December 2022

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Identitii Limited

ABN 83 603 107 044 285a Crown Street, Surry Hills, NSW 2010, Australia www.identitii.com [email protected]

Closing Date as at 5:00pm 20 December 2022 Securities quoted on a deferred settlement basis 21 December 2022 ASX notified of under subscriptions 28 December 2022 Issue date and lodgement of Appendix 2A with ASX 29 December 2022 applying for quotation of the Securities Quotation of Securities issued under the Offer 30 December 2022

  • The Directors may extend the Closing Date by giving at least 3 Business Days’ notice to ASX prior to the Closing Date. Accordingly, the date the Securities are expected to commence trading on ASX may vary.

** These dates are indicative only and are subject to change.

Eligible Shareholders will need to ensure their application moneys for their entitlements and any Shortfall Securities (as defined in the prospectus for the Rights Issue) are received by Boardroom Pty Limited no later than 5.00pm (AEST) on Tuesday, 20th December 2022.

The prospectus for the Rights Issue has been mailed to Eligible Shareholders and is available on the ASX website and the Company’s website. Eligible Shareholders should read the prospectus and if not paying by BPAY, will need to complete the personalised Entitlement & Acceptance Form which accompanies the Prospectus to apply for New Shares and Shortfall Shares.

Any Entitlement not taken up pursuant to the Offer will form the Shortfall Offer. 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 have been offered under the Offer.

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: [email protected] P: +61 416 233 145

About Identitii

Identitii Limited

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ABN 83 603 107 044 285a Crown Street, Surry Hills, NSW 2010, Australia www.identitii.com [email protected]

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 [email protected]