NORWOOD SYSTEMS LIMITED — Share Issue/Capital Change 2021

Sep 16, 2021

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17 September 2021

Company Announcements Platform Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000

By Electronic Lodgement

Dear Sir/Madam

Norwood Systems Ltd (“Norwood” or “the Company”) (ASX: NOR) advises that it issued on 16 September 2021 1,200,000 fully paid ordinary shares (Shares) pursuant to the exercise of 1,200,000 unlisted ZEPO Options with a nil exercise price and 20 September 2021 expiry date.

An Appendix 2A has been lodged with the ASX containing further details.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that:

1. The Company has on 16 September 2021 issued 1,200,000 Shares without disclosure under Part 6D.2 of the Corporations Act;

2. The Company is providing this notice under section 708A(5)(e) of the Corporations Act;

3. As at the date of this notice, the Company has complied with:

   • a. The provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • b. Section 674 of the Corporations Act; and

4. As at the date of this notice, there is no information to be disclosed which is excluded information of the type referred to in Sections 708A(7) and 708A(8) of the Corporations Act.

This announcement has been authorised for release by Paul Ostergaard, CEO and Managing Director of the Company.

Company: Media & Investor Relations: Paul Ostergaard , CEO & Founder Shane Murphy , FTI Consulting Office: +61 8 9200 3500, 4 Leura Street, Nedlands WA 6009 Office: +61 8 9485 8888 Web: www.norwoodsystems.com email: shane.murphy@fticonsulting.com Twitter: @norwoodsystems, @paulostergaard Mobile : +61 420 945 291 Twitter : @ShaneWMurphy