Life360, Inc. — Capital/Financing Update 2021

Jun 15, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

LIFE360 INC.

Announcement Type

New announcement

Date of this announcement

Wednesday June 16, 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	81,957	08/06/2021
	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

16/6/2021

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 360AZ : RESTRICTED STOCK UNITS EX 28-APR-2031

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	8/6/2021	8/6/2021
4,389

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
Christopher Hulls	Christopher Hulls	3,124
Alexander Haro	Alexander Haro	664
Randi Zuckerberg	Randi Zuckerberg	601

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

8/6/2021

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

9,924

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 4.63333333

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

4,389 Restricted Stock Units have vested and been settled, resulting in the issue of 3,308 Shares in Common Stock. This equates to 9,924 CDIs to be quoted (3 CDIs represent 1 Share of Common Stock).

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description 360AAK : RESTRICTED STOCK UNITS EX 06-APR-2030

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 8/6/2021 8/6/2021 16,485

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been

Application for quotation of +securities

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Application for quotation of +securities

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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: An issue of new +securities

The underlying securities being received by the holder are:

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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 Christopher Hulls Christopher Hulls 16,485

Issue date

8/6/2021

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

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

32,463

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security?

USD - US Dollar

USD 4.63333333

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

16,485 Restricted Stock Units have vested and been settled, resulting in the issue of 10,821 Shares in Common Stock. This equates to 32,463 CDIs to be quoted (3 CDIs represent 1 Share of Common Stock).

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

360AAP : RESTRICTED STOCK UNITS EX 29-JUL-2030

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 8/6/2021 8/6/2021 11,119

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)? Yes

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

Application for quotation of +securities

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Application for quotation of +securities

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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
John Coghlan	John Coghlan	2,189
Mark Goines	Mark Goines	2,104
Brit Morin	Brit Morin	2,061
James Synge	James Synge	2,189
David Wiadrowski	David Wiadrowski	2,576

Issue date

8/6/2021

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

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

33,357

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security?

USD - US Dollar

USD 4.63333333

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

11,119 Restricted Stock Units have vested and been settled, resulting in the issue of 11,119 Shares in Common Stock. This equates to 33,357 CDIs to be quoted (3 CDIs represent 1 Share of Common Stock).

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

360AU : RESTRICTED STOCK UNITS EX 01-FEB-2031

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 8/6/2021 8/6/2021 3,124

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

Application for quotation of +securities

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Application for quotation of +securities

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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	3,124
Issue date
8/6/2021
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
6,213
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 4.63333333
Any other information the entity wishes to provide about the +securities to be quoted 3,124 Restricted Stock Units have vested and been settled, resulting in the issue of 2,071 Shares in Common Stock. This equates to 6,213 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

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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	151,549,074

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
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	207,471
360AA : OPTION EXP VAR DATES VAR PRICES	5,201,883
360AC : WARRANTS	95,576
360AH : OPTION EXPIRING 06-JUL-2030 EX USD 5.33	441,914
360AG : OPTION EXPIRING 03-JUN-2030 EX USD 4.06	20,000
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	87,940
360AAC : OPTION EXPIRING 06-AUG-2029 EX USD 7.56	30,000
360AAD : RESTRICTED STOCK UNITS EX 06-AUG-2029	8,354

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities
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
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	22,250
360AO : RESTRICTED STOCK UNITS EX 01-NOV-2030	100,834
360AN : OPTION EXPIRING 17-OCT-2026 EX USD 8.45	167,658
360AL : RESTRICTED STOCK UNITS EX 05-OCT-2030	40,896
360AX : RESTRICTED STOCK UNITS EX 06-APR-2031	499,999
360AJ : OPTION EXPIRING 07-SEP-2026 EX USD 9.04	110,000
360AK : RESTRICTED STOCK UNITS EX 07-SEP-2030	426,195
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	75,500
360AAE : RESTRICTED STOCK UNITS EX 03-NOV-2029	38,438
360AAF : RESTRICTED STOCK UNITS EX 02-DEC-2029	18,375
360AAG : RESTRICTED STOCK UNITS EX 03-FEB-2030	61,589
360AAH : RESTRICTED STOCK UNITS EX 23-FEB-2030	18,750
360AAI : RESTRICTED STOCK UNITS EX 09-MAR-2030	408,180
360AAJ : OPTION EXPIRING 09-MAR-2030 EX USD 4.58	17,812
360AAK : RESTRICTED STOCK UNITS EX 06-APR-2030	211,991

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities
360AAL : OPTION EXPIRING 06-APR-2030 EX USD 4.35	200,000
360AAM : RESTRICTED STOCK UNITS EX 04-MAY-2030	25,000
360AAN : RESTRICTED STOCK UNITS EX 03-JUN-2030	102,890
360AAO : RESTRICTED STOCK UNITS EX 06-JUL-2030	83,546
360AAP : RESTRICTED STOCK UNITS EX 29-JUL-2030	0
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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