NEOMETALS LTD — Share Issue/Capital Change 2021

Oct 10, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

NEOMETALS LTD

Date of this announcement

Monday October 11, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Employee Performance Rights (NMTAA)	2,661,470	11/10/2021
to be confirmed

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

NEOMETALS LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ACN

Registration number

099116631

1.3 ASX issuer code

NMT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

11/10/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities issued under an +employee incentive scheme

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ASX +security code +Security description
New class - code to be confirmed Employee Performance Rights (NMTAA)
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ASX +security code New class - code to be confirmed	+Security description Employee Performance Rights (NMTAA)
+Security type	ISIN code
Other
Date the +securities the subject of this notification were issued
11/10/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Chris Reed	Nickel Investments Pty Ltd Investment a/c>	574,049
Michael Tamlin	Li Jinghong Tamlin	262,094
Darren Townsend	DJCA Pty Ltd atf The Townsend Family Trust	262,094
Jason Carone	Penske Holdings Pty Ltd Family a/c>	235,885

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

See pages 21 to 23 of NMT¿s Notice of Annual General Meeting dated 23 October 2020 for its Annual General Meeting held on 25 November 2020 accessible at:

https://wcsecure.weblink.com.au/pdf/NMT/02298246.pdf

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

• • https://www.neometals.com.au/wp content/uploads/2021/10/NMT PRP.pdf

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Any other information the entity wishes to provide about the +securities the subject of this notification

FY22 Offer to Employees under the terms of the FY17 Performance Rights Plan.

Issue details

Number of +securities

2,661,470

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
NMT : ORDINARY FULLY PAID	548,376,396
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
NMTAA : PERFORMANCE RIGHTS	12,991,005
New class - code to be confirmed : Employee Performance Rights (NMTAA)	2,661,470

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 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did 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

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