IMAGION BIOSYSTEMS LIMITED — Share Issue/Capital Change 2026

Apr 15, 2026

Appendix 3B - Proposed issue of securities

Announcement Summary

Entity name
IMAGION BIOSYSTEMS LIMITED

Announcement Type
New announcement

Date of this announcement
16/4/2026

The Proposed issue is:
A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

ASX +security code	+Security description	Maximum Number of +securities to be issued
New class-code to be confirmed	IBXABF: OPTION EXPIRING 23 April 2029	11,000,322
IBXAAQ	CONVERTIBLE NOTES	330,000

Proposed +issue date
23/4/2026

Refer to next page for full details of the announcement

Appendix 3B - Proposed issue of securities

---

Appendix 3B - Proposed issue of securities

Part 1 - Entity and announcement details

1.1 Name of +Entity

IMAGION BIOSYSTEMS LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ACN

Registration Number

616305027

1.3 ASX issuer code

IBX

1.4 The announcement is

New announcement

1.5 Date of this announcement

16/4/2026

1.6 The Proposed issue is:

A placement or other type of issue

Appendix 3B - Proposed issue of securities

---

Appendix 3B - Proposed issue of securities

Part 7 - Details of proposed placement or other issue

Part 7A - Conditions

7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis?
No

Part 7B - Issue details

Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)?
Existing class

Will the proposed issue of this +security include an offer of attaching +securities?
Yes

Details of +securities proposed to be issued

ASX +security code and description
IBXAAQ : CONVERTIBLE NOTES

Number of +securities proposed to be issued
330,000

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?
Yes

In what currency is the cash consideration being paid?
AUD - Australian Dollar

What is the issue price per +security?
AUD 0.90909

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes

Attaching +Security

Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?
New class

Appendix 3B - Proposed issue of securities

---

Appendix 3B - Proposed issue of securities

Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)

Details of attaching +securities proposed to be issued

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1?

No

Will the entity be seeking quotation of the 'new' class of +securities on ASX?

No

ASX +security code	+Security description
New class-code to be confirmed	IBXABF: OPTION EXPIRING 23 April 2029

+Security type

Options

Number of +securities proposed to be issued

11,000,322

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?
No

Please describe the consideration being provided for the +securities

Per the convertible securities agreement with Mercer (Agreement) dated 7 March 2023, subsequently amended, and partially novated to C/M Capital Master Fund, LP, a subsequent investment request of $300,000 has been submitted by IBX, IBX has agreed to issue C/M Capital Master Fund, LP Convertible Notes equal to 110% of request amount, the number of Options is equal to 75% of the subsequent investment amount divided by the 20-day VWAP immediately prior to the date of issue of the new Convertible Notes. Therefore the number of options included on this Appendix 3B is an estimate.

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities

0.000001

Will all the +securities issued in this class rank equally in all respects from their issue date?

Yes

Options details

+Security currency
AUD - Australian Dollar
Exercise price
AUD 0.0290
Expiry date
23/4/2029

Details of the type of +security that will be issued if the option is exercised

IBX : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

One (1) fully paid ordinary share

Appendix 3B - Proposed issue of securities

---

Appendix 3B - Proposed issue of securities

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02850948-3A650335&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400

Part 7C - Timetable

7C.1 Proposed +issue date
23/4/2026

Part 7D - Listing Rule requirements

7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
No

7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
Yes

7D.1b (i) How many +securities are proposed to be issued without security holder approval using the entity's 15% placement capacity under listing rule 7.1?
Convertible Notes - Variable as conversion price is dependent on share price. At the floor price of $0.025 the convertible securities would convert to 13,200,000 ordinary shares. Unlisted Options - Variable based upon the 20-day VWAP immediately prior to the issue date of the Convertible Note. Based upon the estimate included on the Appendix 3B, 11,000,322 unlisted Options.

7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)?
No

7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
No

7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
No

7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
No

Part 7E - Fees and expenses

7E.1 Will there be a lead manager or broker to the proposed issue?
No

7E.2 Is the proposed issue to be underwritten?
No

7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue

Appendix 3B - Proposed issue of securities

---

Appendix 3B - Proposed issue of securities

Part 7F - Further Information

7F.01 The purpose(s) for which the entity is issuing the securities
Working capital

7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No

7F.2 Any other information the entity wishes to provide about the proposed issue
Please see announcement lodged 8 April 2026 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03076487-3A690950&v=undefined

Appendix 3B - Proposed issue of securities
6 / 6