LGI LIMITED — Share Issue/Capital Change 2022

Dec 15, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

LGI LIMITED

Announcement Type

New announcement

Date of this announcement

Friday December 16, 2022

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LGI	ORDINARY FULLY PAID	35,715	15/12/2022

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

LGI 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 138085551

1.3 ASX issuer code

LGI

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/12/2022

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

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

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description

No security currently exists

FROM (Existing Class) +Security description Not Applicable TO (Existing Class) ASX +security code and description LGI : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 35,715

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

Details of the Omnibus Incentive Plan were released to ASX on 30 September 2022 and can be found at https://www.asx. com.au/asxpdf/20220930/pdf/45fqdl3645gfhv.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

15/12/2022

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

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

35,715

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The securities were issued for nil consideration to eligible employee(s) under the Omnibus Incentive plan.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

1.900000

Any other information the entity wishes to provide about the +securities to be quoted

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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
LGI : ORDINARY FULLY PAID	88,293,771
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
LGIAA : OPTION EXPIRING 31-JAN-2025 EX $0.70	300,000
LGIAB : OPTION EXPIRING 31-JAN-2025 EX $0.925	200,000

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

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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

13

Application for quotation of +securities

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