NEXTED GROUP LIMITED — Share Issue/Capital Change 2022

Dec 19, 2022

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

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Announcement Summary

Entity name

NEXTED GROUP LIMITED

Date of this announcement

Tuesday December 20, 2022

The +securities the subject of this notification are:

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Other

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	Director Options	103,571	15/12/2022
to be confirmed
New class - code	Director Options	103,571	15/12/2022
to be confirmed
New class - code	Director Options	103,575	15/12/2022
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

NEXTED GROUP LIMITED

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

105012066

1.3 ASX issuer code

NXD

1.4 The announcement is

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New announcement

1.5 Date of this announcement

20/12/2022

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Director Options issued to non-executive directors as approved at the 2022 Annual General Meeting.

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 ASX +security code +Security description New class - code to be confirmed Director Options +Security type ISIN code Options Date the +securities the subject of this notification were issued 15/12/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to 2022 Notice of Meeting - available at www.asx.com.au In particular the Option Terms are described in Schedule 1 - Terms of Director Options.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 1.40000000 15/12/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Each Option entitles the holder to subscribe for 1 Ordinary Share (ASX:NXD)

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

Director Options were issued in three tranches to Non-executive Directors Cass O'Connor, Sandra Hook, William Deane and Simon Tolhurst. The terms and conditions, including vesting and expiry, are set out in Schedule 1 to the 2022 Annual General Meeting Notice of Meeting.

Please provide any further information needed to understand the circumstances in which you are notifying the

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

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issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

N/A

Issue details

Number of +securities

103,571

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The Director Options are issued for nil consideration. Refer to the terms of the Director Options contained in Schedule 1 to the 2022 Notice of Meeting.

Purpose of the issue

Other

Additional Details

New +securities

ASX +security code +Security description New class - code to be confirmed Director Options +Security type ISIN code Options Date the +securities the subject of this notification were issued 15/12/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

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

Refer to 2022 Notice of Meeting - available at www.asx.com.au

In particular the Option Terms are described in Schedule 1 - Terms of Director Options.

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Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 1.40000000 15/12/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary Shares

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

Each Option entitles the holder to subscribe for 1 Ordinary Share (ASX:NXD)

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

N/A

Issue details

Number of +securities

103,571

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The Director Options are issued for nil consideration. Refer to the terms of the Director Options contained in Schedule 1 to the 2022 Notice of Meeting.

Purpose of the issue

Other

Additional Details

New +securities

ASX +security code

New class - code to be confirmed

+Security description

Director Options

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+Security type ISIN code Options

Date the +securities the subject of this notification were issued 15/12/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to 2022 Notice of Meeting - available at www.asx.com.au

In particular the Option Terms are described in Schedule 1 - Terms of Director Options.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 1.40000000 15/12/2030 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other

Description

Each Option entitles the holder to subscribe for 1 Ordinary Share (ASX:NXD)

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

N/A

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Issue details

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Number of +securities

103,575

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The Director Options are issued for nil consideration. Refer to the terms of the Director Options contained in Schedule 1 to the 2022 Notice of Meeting.

Purpose of the issue

Other

Additional Details

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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
NXD : ORDINARY FULLY PAID	219,156,773
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
NXDAAB : OPTION EXPIRING 09-NOV-2023 EX $0.75	3,320,000
NXDAAA : OPTION EXPIRING 10-JUL-2023 EX $0.25	2,000,000
New class - code to be confirmed : Director Options	103,571
New class - code to be confirmed : Director Options	103,571
New class - code to be confirmed : Director Options	103,575

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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