LGI LIMITED — Capital/Financing Update 2025

Oct 22, 2025

Appendix 3B - Proposed issue of securities

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Announcement Summary

Entity name

LGI LIMITED

Announcement Type

New announcement

Date of this announcement

23/10/2025

The Proposed issue is:

An offer of securities under a securities purchase plan

Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
LGI	ORDINARY FULLY PAID	1,298,701

+Record date

22/10/2025

Offer closing date

12/11/2025

+Issue date

19/11/2025

Refer to next page for full details of the announcement

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Appendix 3B - Proposed issue of securities

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Part 1 - Entity and announcement details

1.1 Name of +Entity

LGI LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ACN

Registration Number

138085551

1.3 ASX issuer code

LGI

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/10/2025

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

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Appendix 3B - Proposed issue of securities

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Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis? No

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Appendix 3B - Proposed issue of securities

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Part 4B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

LGI : ORDINARY FULLY PAID

Will the proposed issue of this +security include an offer of attaching +securities? No

Details of +securities proposed to be issued

ASX +security code and description LGI : ORDINARY FULLY PAID Maximum total number of those +securities that could be issued if all offers under the +securities purchase plan are accepted 1,298,701

Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)? Yes Describe the minimum subscription condition

Minimum of $2,500 (Minimum Application Amount) with staged increments detailed below up to a maximum of $30,000.

A$2,500,A$5,000, A$10,000, A$15,000, A$20,000, A$25,000 and A$30,000

Will the offer be conditional on applications for a maximum number of +securities being received or a maximum amount being raised (i.e. a maximum subscription condition)? Yes Describe the maximum subscription condition Eligible Shareholders as listed on LGI register at 7:00 pm (Sydney Time) on record date with an Australia or New Zealand Address will be offered the opportunity to apply up to $30,000 of new shares in LGI

Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)? No Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)? Yes Is the maximum acceptance unit based or dollar based? Dollar based ($)

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Appendix 3B - Proposed issue of securities

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Please enter the maximum acceptance value

$ 30,000

Describe all the applicable parcels available for this offer in number of securities or dollar value

Minimum of $2,500 (Minimum Application Amount) with staged increments detailed below up to a maximum of $30,000.

A$2,500, A$5,000, A$10,000, A$15,000, A$20,000, A$25,000 and A$30,000

Offer price details

Has the offer price been determined?

Yes In what currency will the offer What is the offer price per be made? +security? AUD - Australian Dollar AUD 3.85000

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

LGI may, in its absolute discretion, scale-back applications under the SPP.If a scale-back occurs, the difference between the value of the shares allotted and the Application Amount paid to the Company (only where the amount is greater than the Issue Price) will be refunded as soon as practicable following the Allotment Date. Any scale-back will be announced on the Allotment Date. No interest will be paid on any Application Amount paid or refunded.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Part 4C - Timetable

4C.1 Date of announcement of +security purchase plan

23/10/2025

4C.2 +Record date

22/10/2025

4C.3 Date on which offer documents will be made available to investors

29/10/2025

4C.4 Offer open date

29/10/2025

4C.5 Offer closing date

12/11/2025

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Appendix 3B - Proposed issue of securities

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4C.7 +Issue date and last day for entity to announce results of +security purchase plan offer

19/11/2025

Part 4D - Listing Rule requirements

4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5 or do you have a waiver from those requirements? Yes

Part 4E - Fees and expenses

4E.1 Will there be a lead manager or broker to the proposed offer?

No

4E.2 Is the proposed offer to be underwritten? No

4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

Part 4F - Further Information

4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

The funds raised from the Offer will be used for: Accelerated delivery of High Conviction Projects in Execution; Funding new High Conviction Projects in Development; and Enhancing balance sheet flexibility.

4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? No

4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer

All countries except Australia and New Zealand.

4F.3 URL on the entity's website where investors can download information about the proposed offer

https://lgi.com.au/for-investors/

4F.4 Any other information the entity wishes to provide about the proposed offer

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