IMMUTEP LIMITED — Capital/Financing Update 2024

Jun 2, 2024

3 June, 2024

ASX Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Sir / Madam

Immutep Limited (ASX: IMM) – Notice under section 708AA(2)(f) of the Corporations Act 2001 (Cth)

This notice is given by Immutep Limited ACN 009 237 889 ( Company ) under section 708AA(2)(f) of the Corporations Act 2001 (Cth) ( Corporations Act ) as modified by the Australian Securities and Investments Commission Corporations (Non-Traditional Rights Issues) Instrument 2016/84 and ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 ( ASIC Instruments ). Where applicable, references in this notice to sections of the Corporations Act are to those sections as modified by the ASIC Instruments.

The Company today announced a fully underwritten placement to institutional investors of new fully paid ordinary shares in the Company ( New Shares ) ( Placement ) to raise ~ A$72.0 million and an accelerated non-renounceable pro-rata entitlement offer of 74,302,160 New Shares in the Company to raise ~ A$28.2 million ( Entitlement Offer and, together with the Placement, the Offer ).

Under the Entitlement Offer, eligible shareholders of the Company will be entitled to subscribe for 1 New Shares for every 16 ordinary shares they hold in the Company as at 7.00pm (Sydney, Australia time) on the record date, being 7.00pm Wednesday, 5 June 2024. Each New Share issued under the Entitlement Offer will be issued at an issue price of A$0.38. The Entitlement Offer consists of an institutional component, to be conducted over the next 24 – 48 hours and a retail component, which will be open from Friday, 7 June 2024 to Thursday, 20 June 2024, unless extended.

With respect to the Entitlement Offer, the Company advises that:

• (a) the New Shares will be offered for issue without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) this notice is being given under section 708AA(2)(f) of the Corporations Act;

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

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

  • (ii) sections 674 and 674A of the Corporations Act;

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708AA(8) and 708AA(9) of the Corporations Act; and

• (e) the potential effect of the issue of New Shares on the control of the Company and the consequences of that effect will depend on a number of factors, including investor demand, existing shareholdings in the Company and the extent to which eligible shareholders take up New Shares under the Entitlement Offer. However, having regard to the terms of the Entitlement Offer which is structured as a pro rata issue, the underwriting and sub-underwriting arrangements for

Immutep Limited , Level 32, Australia Square, 264 George Street, Sydney NSW 2000, Australia Phone: +61 2 8315 7003 Fax: +61 2 8569 1880 www.immutep.com ABN: 90 009 237 889

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the Entitlement Offer and the nature of the underwriters and sub-underwriters, at this time, the Company does not expect that any person will increase their percentage shareholding in the Company in a way which will have a material impact on the control of the Company and does not expect any material consequences to flow from that.

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

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