INVION LIMITED — Share Issue/Capital Change 2021

Nov 21, 2021

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

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Announcement Summary

Entity name

INVION LIMITED

Date of this announcement

Monday November 22, 2021

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

Refer to next page for full details of the announcement

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

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

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Part 1 - Entity and announcement details

1.1 Name of entity

INVION 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

ABN

Registration number

76094730417

1.3 ASX issuer code

IVX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

22/11/2021

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

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

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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
16-Nov-2021 11:03	New - Proposed issue of securities - IVX	A placement or other type of issue

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

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

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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

Date the +securities the subject of this notification were issued

22/11/2021

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

30,000,000 options to broker for placement. Exercise price is $0.04 and expiry date is 18 months following date of issue.

Issue details

Number of +securities 30,000,000

Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

30,000,000 options to broker for placement. Exercise price is $0.04 and expiry date is 18 months following date of issue.

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

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

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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
IVX : ORDINARY FULLY PAID	5,864,809,083

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
IVXAX : OPTION EXPIRING 22-OCT-2024 EX $0.0177	20,443,211
IVXAW : OPTION EXPIRING 01-JUL-2024 EX 2C	15,928,570
IVXAZ : OPTION EXPIRING 31-OCT-2024 EX $0.0106	2,725,762
IVXAA : OPTION EXPIRING 31-OCT-2024 EX NIL	7,313,661
IVXAT : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	199,434,880
IVXAV : OPTION EXPIRING 31-AUG-2024 EX 1.72C	20,443,211
IVXAU : OPTION EXPIRING 30-OCT-2023 EX 2C	2,725,761
IVXAY : OPTION EXPIRING 31-OCT-2024 EX $0.00	5,670,282
IVXAAC : OPTION EXPIRING 23-SEP-2025 EX $0.017	138,488,557
IVXAAA : OPTION EXPIRING 31-OCT-2024 EX NIL	2,556,462
IVXAAB : OPTION EXPIRING 31-OCT-2024 EX NIL	3,639,427

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