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JCURVE SOLUTIONS LTD Share Issue/Capital Change 2024

Nov 18, 2024

65158_rns_2024-11-18_1bf09d5c-325d-46b1-956b-08720964cf8c.pdf

Share Issue/Capital Change

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

JCURVE SOLUTIONS LTD

Date of this announcement

Tuesday November 19, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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 New class - code PERFORMANCE RIGHTS 31-DEC-26 VWAP 10C 5,500,000 19/11/2024 to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

JCURVE SOLUTIONS LTD

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

1.2 Registered number type Registration number ABN 63088257729

1.3 ASX issuer code

JCS

1.4 The announcement is

New announcement

1.5 Date of this announcement

19/11/2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed PERFORMANCE RIGHTS 31-DEC-26 VWAP 10C----- End of picture text -----

ASX +security codeNew class - code to be confirmed +Security descriptionPERFORMANCE RIGHTS 31-DEC-26 VWAP 10C
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
19/11/2024

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Yes Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder Number of +securities
CHRISTOPHER KING CHRISTOPHER KING 1,000,000
ANTON POSTHUMUS ANTON POSTHUMUS 2,000,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

  1. 30 Day Volume Weighted Average Share Price (VWAP) for any (continuous) 30 day period ending 31 December 2026, equals or exceeds 10.0 cents, then 100% of those performance rights (as outlined in the Performance Rights Granted section above) will vest. The share price hurdle is cliff face with no intermediate

share price thresholds. If the performance condition is not met as at 31 December 2026, then these Performance Rights will automatically lapse.

  1. Continuous employment with JCurve Solutions from the date the Performance Rights are granted until at least 1 July 2025 is a mandatory condition. In addition, you must remain employed with JCurve Solutions through the Vesting Date of 31 December 2026. If you leave employment for any reason before 1 July 2025 or do not remain employed at the Vesting Date, those Performance Rights will lapse, unless the Board determines otherwise depending on the circumstances of your termination.

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Annexure A of the 2023 AGM Notice of Meeting https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725968-2A1481133

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

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

5,500,000

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

Total number of
ASX +security code and description +securities on issue
JCS : ORDINARY FULLY PAID 330,343,439
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
JCSAC : PERFORMANCE RIGHTS 12,000,000
JCSAD : SERVICE RIGHTS 4,000,000
New class - code to be confirmed : PERFORMANCE RIGHTS 31-DEC-26 VWAP 10C 5,500,000

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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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