INVION LIMITED — Share Issue/Capital Change 2022

Sep 20, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

INVION LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday September 21, 2022

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
IVX	ORDINARY FULLY PAID	3,578,437	16/09/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

INVION LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number 094730417

1.3 ASX issuer code

IVX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/9/2022

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description IVXAAE : OPTION EXPIRING 31-OCT-2025 EX NIL

TO (Existing Class) ASX +security code and description IVX : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 16/9/2022 606,986 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Issue date 16/9/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted 606,986

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Exercise price of the options was $0.00 per share as approved at the AGM on 9 November 2021 (Resolution 5a, 5b, 5c and 5d) in lieu of directors fees being paid in cash.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Issue of shares upon exercise by a director of 606,986 options previously issued to that director in lieu of cash directors fees.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description IVXAAF : OPTION EXPIRING 31-OCT-2025 EX NIL

TO (Existing Class) ASX +security code and description IVX : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 16/9/2022 714,179

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

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Application for quotation of +securities

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Application for quotation of +securities

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No Issue date 16/9/2022 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 714,179 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Exercise price of the options was $0.00 per share as approved at the AGM on 9 November 2021 (Resolution 5a, 5b, 5c and 5d) in lieu of directors fees being paid in cash. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Issue of shares upon exercise by a director of 714,179 options previously issued to that director in lieu of cash directors fees. Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description IVXAAG : OPTION EXPIRING 31-OCT-2025 EX NIL TO (Existing Class)

Application for quotation of +securities

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Application for quotation of +securities

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ASX +security code and description

IVX : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 16/9/2022 1,016,546

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are:

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Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

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No

Issue date

16/9/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

1,016,546

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Exercise price of the options was $0.00 per share as approved at the AGM on 9 November 2021 (Resolution 5a, 5b, 5c and 5d) in lieu of directors fees being paid in cash.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Issue of shares upon exercise by a director of 1,016,546 options previously issued to that director in lieu of cash directors fees.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description IVXAAH : OPTION EXPIRING 31-OCT-2025 EX NIL

TO (Existing Class) ASX +security code and description IVX : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 16/9/2022 1,240,726

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

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Application for quotation of +securities

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Application for quotation of +securities

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No

Issue date 16/9/2022 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 1,240,726 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Exercise price of the options was $0.00 per share as approved at the AGM on 9 November 2021 (Resolution 5a, 5b, 5c and 5d) in lieu of directors fees being paid in cash. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Issue of shares upon exercise by a director of 1,240,726 options previously issued to that director in lieu of cash directors fees.

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
IVX : ORDINARY FULLY PAID	6,420,092,081
IVXO : OPTION EXPIRING 17-JUN-2023	295,417,773

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
IVXAAH : OPTION EXPIRING 31-OCT-2025 EX NIL	4,849,413
IVXAY : OPTION EXPIRING 31-OCT-2024 EX $0.00	5,670,282
IVXAAE : OPTION EXPIRING 31-OCT-2025 EX NIL	2,372,422
IVXAAG : OPTION EXPIRING 31-OCT-2025 EX NIL	3,973,198
IVXAAC : OPTION EXPIRING 23-SEP-2025 EX $0.017	138,488,557

Application for quotation of +securities

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Application for quotation of +securities

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IVXAAA : OPTION EXPIRING	31-OCT-2024	EX NIL	2,556,462
IVXAAF : OPTION EXPIRING	31-OCT-2025	EX NIL	2,791,389
IVXAAB : OPTION EXPIRING	31-OCT-2024	EX NIL	3,639,427

Application for quotation of +securities

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