IMMUTEP LIMITED — Capital/Financing Update 2021

Jul 29, 2021

30 July 2021

ASX Market Announcements ASX Limited Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Sir / Madam

Immutep Limited (ASX Code: IMM) – Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Immutep Limited ACN 009 237 889 ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

On 21 June 2021, the Company announced a non-underwritten placement of new fully paid ordinary shares in the Company ( Placement Shares ) to institutional and sophisticated investors to raise approximately $60 million. The Placement Shares were proposed to be issued in two tranches as follows:

• 26,413,899 Placement Shares were issued in reliance on the Company's available placement capacity under ASX Listing Rules 7.1 and 7.1A ( Tranche 1 Placement Shares ); and

• 88,970,717 Placement Shares were to be issued conditional upon receipt of approval from the Company's shareholders ( Shareholders ) for the purposes of ASX Listing Rule 7.1 ( Tranche 2 Placement Shares )

The Tranche 1 Placement Shares were issued on 28 June 2021.

On 26 July 2021, Shareholders approved the issue of the Tranche 2 Placement Shares. Accordingly, the Tranche 2 Placement Shares have been issued today. The Company advises that:

• (a) the Tranche 2 Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) this notice is being given under section 708A(5)(e) of the Corporations Act;

• (c) as at the date of this notice, the Company has complied with:

  • (1) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • (2) section 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Corporations Act.

This notice was authorised for release by the Board of Immutep Limited.

Yours sincerely,

==> picture [111 x 42] intentionally omitted <==

COO & Company Secretary

Immutep Limited , Level 12, 95 Pitt Street, Sydney NSW 2000 Phone: +61 2 8315 7003 Fax: +61 2 8569 1880 www.immutep.com ABN: 90 009 237 889