IMMUTEP LIMITED — Share Issue/Capital Change 2022

Dec 15, 2022

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

IMMUTEP LIMITED

Date of this announcement

Friday December 16, 2022

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
IMMAM	PERFORMANCE RIGHTS	2,279,001	16/12/2022

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 5

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

IMMUTEP LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ACN

Registration number

009237889

1.3 ASX issuer code

IMM

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

16/12/2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 5

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
15-Dec-2022 11:09	New - Proposed issue of securities -	A placement or other type of issue
	IMM

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 5

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been

notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

IMMAM : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

16/12/2022

Any other information the entity wishes to provide about the +securities the subject of this notification

The issue of Director Performance Rights to subscribe for 1,166,667 ordinary shares in the Company to Mr. Pete Meyers and/or his nominee in lieu of cash of directors' fees at $105,000 per annum, to vests in 3 tranches upon satisfaction of service-based vesting conditions as follows:

• 388,889 on 1 October 2024. (in recognition of service from 1 October 2023 to 30 September 2024);

• 388,889 on 1 October 2025. (in recognition of service from 1 October 2024 to 30 September 2025);

• 388,889 on 1 October 2026. (in recognition of service from 1 October 2025 to 30 September 2026).

Issue of 1,112,334 Performance Rights to an external consultant:

556,167 vests on 1 Dec 2023. (Being service from 1 Dec 2022 to 30 Nov 2023).

278,083 vests on 1 Dec 2024. (Being service from 1 Dec 2023 to 30 Nov 2024).

278,084 vests on 1 Dec 2025. (Being service from 1 Dec 2024 to 30 Nov 2025).

Issue details

Number of +securities

2,279,001

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

The issue of performance rights to P Meyers in lieu of cash for directors' fees and performance rights to an external consultant to vest upon satisfaction of vesting conditions as agreed.

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 5

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
IMM : ORDINARY FULLY PAID	879,089,453
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
IMMAO : WARRANTS EXPIRING 05-JAN-2023 EX US$2.49	206,507
IMMAL : OPTION EXPIRING 04-AUG-2025 EX $0.248	847,600
IMMAN : CONVERTIBLE NOTES	859,427
IMMAM : PERFORMANCE RIGHTS	14,136,321

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 5