ION VIDEO LTD — Capital/Financing Update 2023

Mar 15, 2023

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

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Announcement Summary

Entity name

LINIUS TECHNOLOGIES LIMITED

Date of this announcement

Thursday March 16, 2023

The +securities the subject of this notification are:

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Other

Total number of +securities to be issued/transferred

Total number of ASX +security +securities to be code Security description issued/transferred Issue date New class - code Convertible notes 352,865 16/03/2023 to be confirmed

Refer to next page for full details of the announcement

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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

LINIUS TECHNOLOGIES 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

84149796332

1.3 ASX issuer code

LNU

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/3/2023

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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:

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Other

Please specify

Issue of convertible notes pursuant to ASX announcement on 16 March 2023.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities ASX +security code +Security description New class - code to be confirmed Convertible notes +Security type ISIN code +Convertible debt securities Date the +securities the subject of this notification were issued 16/3/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to ASX announcement on 16 March 2023.

+Convertible debt securities Details

Type of +security Convertible note or bond +Security currency Face value Interest rate type AUD - Australian Dollar AUD 1.00000000 Fixed rate Frequency of coupon/interest payments per year No coupon/interest payments

s128F of the Income Tax Assessment Act status applicable to the +security s128F exemption status unknown Is the +security perpetual (i.e. no maturity)? Maturity date No 15/3/2024

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

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Select other feature(s) applicable to the +security

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Redeemable

Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is first)? No

Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged

Other

Description

LNU - Fully paid ordinary shares

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Refer to ASX announcement on 16 March 2023.

Issue details

Number of +securities

352,865

Were the +securities issued for a cash consideration?

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Yes

In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 1.00000000

Purpose of the issue

Other

Additional Details

Repay the remaining balance of the New Technology Capital Group share subscription facility.

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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
LNU : ORDINARY FULLY PAID	3,229,746,235
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
LNUAH : OPTION EXPIRING 31-MAR-2024 EX 1C	14,494,653
LNUAT : OPTION EXPIRING 09-MAY-2025 EX $0.015	3,000,000
LNUAS : OPTION EXPIRING 23-NOV-2024 EX $0.0289	500,000
LNUAR : OPTION EXPIRING 04-OCT-2025 EX $0.0293	2,200,000
LNUAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	4,800,000
LNUAL : OPTION EXPIRING 01-OCT-2023 EX $0.042	5,000,000
LNUAN : OPTION EXPIRING 01-JUL-2023 EX $0.0442	200,000
LNUAO : OPTION EXPIRING 30-MAR-2024 EX $0.0119	780,000
LNUAQ : OPTION EXPIRING 11-AUG-2023 EX $0.03	25,000,000
LNUAU : OPTION EXPIRING 30-JUN-2026 EX $0.007	7,000,000
New class - code to be confirmed : Convertible notes	352,865

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

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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