IMAGE RESOURCES NL — Share Issue/Capital Change 2021

Oct 10, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

IMAGE RESOURCES NL

Announcement Type

New announcement

Date of this announcement

Monday October 11, 2021

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
IMA	ORDINARY FULLY PAID	16,353,949	08/10/2021

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

IMAGE RESOURCES NL

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 063977579

1.3 ASX issuer code

IMA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

11/10/2021

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 under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description No security currently exists

FROM (Existing Class) +Security description IMA : ORDINARY FULLY PAID

TO (Existing Class) ASX +security code and description IMA : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 16,353,949

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms Refer to Annexures A and B in the Company's notice of meeting dated 31 March 2021 http://imageres.com.au/images/joomd/161949716920210427NoticeofAnnualGeneralMeeting_ProxyForm.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes

Provide details of the KMP or +associates being issued +securities

Name of KMP	Name of registered holder	Number of +securities
Todd Colton	Todd Colton	1,025,630
Patrick Mutz	Patrick Mutz	1,395,628
John McEvoy	John McEvoy	917,542
George Sakalidis	George Sakalidis	509,072

Application for quotation of +securities

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Application for quotation of +securities

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Issue date 8/10/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details
Number of +securities to be quoted
16,353,949
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 0.16200000
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 IMA : ORDINARY FULLY PAID 1,012,642,386 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 IMAAB : WARRANTS EXPIRING VARIOUS DATES EX VARIOUS PRICES 42,775,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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Application for quotation of +securities

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