IMMUTEP LIMITED — Share Issue/Capital Change 2019

Oct 31, 2019

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name IMMUTEP LIMITED

Applicable security for the reorganisation

IMM ORDINARY FULLY PAID IMMAO WARRANTS IMMAL OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES IMMAM PERFORMANCE RIGHTS Announcement Type Update to previous announcement Date of this announcement Friday November 1, 2019 Reason for the Update To confirm that security holder approval was received

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity IMMUTEP LIMITED Registration Number 1.2 *Registered Number Type ACN 009237889 1.3 *ASX issuer code IMM

1.4 *The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

To confirm that security holder approval was received

1.4b * Date of previous announcement(s) to this update Thursday October 31, 2019

Notification of Consolidation/Split

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1.5 *Date of this announcement

Friday November 1, 2019

1.6 *Securities affected by the reorganisation

IMM ORDINARY FULLY PAID IMMAO WARRANTS IMMAL OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES IMMAM PERFORMANCE RIGHTS

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated Approval +Security holder Friday November 1, or actual? received/condition approval 2019 Actual met? Yes Comments**

Part 3 - Reorganisation timetable and details

3.1 *+Record date

Wednesday November 6, 2019

3.2 Date of +security holder meeting

Friday November 1, 2019

3.3 Last day for trading in the pre-re-organised +securities

Monday November 4, 2019

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Tuesday November 5, 2019

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3.5 Record date

Wednesday November 6, 2019

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Thursday November 7, 2019

3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Wednesday November 13, 2019

3.8 Trading starts on a normal T+2 basis

Thursday November 14, 2019

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Monday November 18, 2019

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security consolidation

4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every 10

(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

4.2 *Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

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ASX +Security Code ASX +Security
IMM Description
ORDINARY FULLY
PAID
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Quoted before reorganisation reorganisation Estimated
3,877,122,311 387,712,231
ASX +Security Code ASX +Security
IMMAO Description
WARRANTS
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
3,633,718 363,372
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ASX +Security Code ASX +Security
IMMAL Description
OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
381,740,601 38,174,060
ASX +Security Code ASX +Security
IMMAM Description
PERFORMANCE
RIGHTS
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
105,045,139 10,504,514
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5.2 *Exercise price of options

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ASX +Security Code ASX +Security Description
IMMAO WARRANTS
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.00000000 0.00000000
ASX +Security Code ASX +Security Description
IMMAL OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.00000000 0.00000000
ASX +Security Code ASX +Security Description
IMMAM PERFORMANCE RIGHTS
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.00000000 0.00000000
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Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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