Life360, Inc. — Capital/Financing Update 2021

Sep 1, 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 September 02, 2021

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

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	2,297,199	01/09/2021
	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

2/9/2021

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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:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
29-Jul-2021 14:36	New - Proposed issue of securities - 360	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Further securities (being up to 753,152 shares in common stock) (being 2,259,456 CDIs)) may be issued as part of the consideration by Life360 for the acquisition of all the shares in Jio, Inc (trading as Jiobit), but this is dependent upon the achievement of certain performance targets in the two full calendar years following completion.

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB

Issue date

1/9/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

2,297,199

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 are being offered as consideration for the acquisition of 100% of the shares in Jio, Inc. (trading as Jiobit)

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

• 8.460000

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

765,733 shares in common stock are being issued at an issue price of US$25.38 per share. This is equivalent to the issue of 2,297,199 CDIs.

Application for quotation of +securities

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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	154,484,340

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
360AAW : RESTRICTED STOCK UNITS EX 08-JUN-2031	92,500
360AAX : WARRANTS EXPIRING 01-JUL-2022 EX USD 0.01	88,213
360AAY : WARRANTS EXPIRING 01-JUL-2026 EX USD 11.96	44,106
360AQ : OPTION EXPIRING 03-JAN-2027 EX USD 8.95	120,000
360AAT : OPTION EXPIRING 26-MAY-2027 EX USD 13.24	221,063
360AAU : RESTRICTED STOCK UNITS EX 26-MAY-2031	24,563
360AB : RESTRICTED STOCK UNIT	170,752
360AA : OPTION EXP VAR DATES VAR PRICES	5,092,113
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
360AH : OPTION EXPIRING 06-JUL-2030 EX USD 5.33	440,664
360AG : OPTION EXPIRING 03-JUN-2030 EX USD 4.06	20,000

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Application for quotation of +securities

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Application for quotation of +securities
360AR : RESTRICTED STOCK UNITS EX 03-JAN-2031	35,000
360AAA : OPTION EXPIRING 05-JAN-2030 EX USD 6.33	99,000
360AAB : RESTRICTED STOCK UNITS EX 05-JAN-2030	79,559
360AAC : OPTION EXPIRING 06-AUG-2029 EX USD 7.56	30,000
360AAD : RESTRICTED STOCK UNITS EX 06-AUG-2029	7,854
360AY : OPTION EXPIRING 28-APR-2027 EX USD 13.35	197,009
360AZ : RESTRICTED STOCK UNITS EX 28-APR-2031	60,564
360AI : OPTION EXPIRING 29-JUL-2030 EX USD 7.28	230,000
360AAV : OPTION EXPIRING 08-JUN-2027 EX USD 13.90	54,000
360AE : OPTION EXPIRING 23-FEB-2030 EX USD 5.80	250,000
360AF : OPTION EXPIRING 18-MAY-2030 EX USD 3.58	530,514
360AD : 3:1 CDI EQUIVALENT TO RESTRICTED STOCK UNITS	8,495,454
360AM : RESTRICTED STOCK UNITS EX 17-OCT-2030	16,688
360AO : RESTRICTED STOCK UNITS EX 01-NOV-2030	99,584
360AN : OPTION EXPIRING 17-OCT-2026 EX USD 8.45	167,658
360AL : RESTRICTED STOCK UNITS EX 05-OCT-2030	33,334
360AX : RESTRICTED STOCK UNITS EX 06-APR-2031	478,563
360AJ : OPTION EXPIRING 07-SEP-2026 EX USD 9.04	110,000
360AK : RESTRICTED STOCK UNITS EX 07-SEP-2030	390,782
360AP : RESTRICTED STOCK UNITS EX 06-DEC-2030	58,000
360AW : OPTION EXPIRING 06-APR-2027 EX USD 11.12	163,667
360AS : RESTRICTED STOCK UNITS EX 28-FEB-2031	55,500
360AAE : RESTRICTED STOCK UNITS EX 03-NOV-2029	27,970

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Application for quotation of +securities

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Application for quotation of +securities
360AAF : RESTRICTED STOCK UNITS EX 02-DEC-2029	17,750
360AAG : RESTRICTED STOCK UNITS EX 03-FEB-2030	56,355
360AAH : RESTRICTED STOCK UNITS EX 23-FEB-2030	17,188
360AAI : RESTRICTED STOCK UNITS EX 09-MAR-2030	374,147
360AAJ : OPTION EXPIRING 09-MAR-2030 EX USD 4.58	15,000
360AAK : RESTRICTED STOCK UNITS EX 06-APR-2030	147,680
360AAL : OPTION EXPIRING 06-APR-2030 EX USD 4.35	200,000
360AAM : RESTRICTED STOCK UNITS EX 04-MAY-2030	18,230
360AAN : RESTRICTED STOCK UNITS EX 03-JUN-2030	76,390
360AAO : RESTRICTED STOCK UNITS EX 06-JUL-2030	83,546
360AAQ : RESTRICTED STOCK UNITS EX 03-AUG-2030	15,000
360AAR : OPTION EXPIRING 02-MAY-2027 EX USD 13.27	80,000
360AAS : RESTRICTED STOCK UNITS EX 02-MAY-2031	41,500
360AU : RESTRICTED STOCK UNITS EX 01-FEB-2031	123,876
360AT : OPTION EXPIRING 01-FEB-2027 EX USD 8.89	100,000
360AV : OPTION EXPIRING 14-MAR-2027 EX USD 10.35	55,000

Application for quotation of +securities

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