Life360, Inc. — Capital/Financing Update 2021

Dec 22, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

LIFE360 INC.

Announcement Type

New announcement

Date of this announcement

Thursday December 23, 2021

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
360	CDI 3:1 US PERSON PROHIBITED EXCLUDING	19,500	16/12/2021
	QIB

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

LIFE360 INC.

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

ARBN

Registration number 629412942

1.3 ASX issuer code

360

1.4 The announcement is

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New announcement

1.5 Date of this announcement

23/12/2021

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 360AA : OPTION EXP VAR DATES VAR PRICES

TO (Existing Class)

ASX +security code and description

360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB

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	16/12/2021	16/12/2021
6,500

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? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
David Rice	David Rice	6,500

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

16/12/2021

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

19,500

Are the +securities being issued for a cash consideration?

Yes In what currency is the cash consideration being paid? What is the issue price per +security? USD - US Dollar USD 8.89000000

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

6,500 options with an exercise price of US$8.89 per option were exercised on 16 December 2021 resulting in the issue of 6,500 Shares if Common Stock. This equates to 19,500 CDIs to be quoted (3 CDIs represent 1 Share of Common Stock).

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
360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB	179,415,279

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
360AAX : WARRANTS EXPIRING 01-JUL-2022 EX USD 0.01	88,213
360AAY : WARRANTS EXPIRING 01-JUL-2026 EX USD 11.96	44,106
360AB : RESTRICTED STOCK UNIT	2,586,051
360AA : OPTION EXP VAR DATES VAR PRICES	7,778,264
360AC : WARRANTS	95,576
360AAZ : WARRANTS EXPIRING 01-JUL-2026 EX USD 11.96	44,106
360ABA : CONV NOTES MATURING 01-JUL-26	176,422
360AD : 3:1 CDI EQUIVALENT TO RESTRICTED STOCK UNITS	7,779,618

Application for quotation of +securities

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