NOVIQTECH LIMITED — Capital/Financing Update 2021

Jun 1, 2021

2 June 2021

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ASX Announcement Despatch of Renounceable Pro-Rata Rights Issue Offer Document

Tymlez Group Limited (ASX: TYM, “ Tymlez ” or “ Company ”) is pleased to confirm that in accordance with the Indicative Timetable for the Renounceable Pro-Rata Rights Issue announced on 19 May 2021 (“ Offer ”), the Renounceable Pro-Rata Rights Issue Offer Document (“ Offer Document ”), together with the accompanying personalized Entitlement and Acceptance Form, have been despatched by mail and electronically to Eligible Shareholders today.

Under the Offer, all Eligible Shareholders will be offered 2 ordinary shares in the Company (“ New Shares ”) for every 1 fully paid ordinary share held by the Eligible Shareholder as at 7pm on the Record Date of 28 May 2021, at an issue price of $0.01 (1 cent) per New Share.

Eligible Shareholders are advised that the Offer under the Offer Document is now open for subscription and the proposed closing date is 5.00pm (AEST) on 15 June 2021 (unless extended). Entitlements trading commenced (on a deferred settlement basis) on 27 May 2021 and will end on 7 June 2021 (unless extended).

Eligible Shareholders wanting to take up their Entitlement and acquire the New Shares under the Offer will need to complete the personalized Entitlement and Acceptance Form that accompanies the Offer Document and/or pay the issue price for the New Shares applied for in accordance with the instructions set out in the Entitlement and Acceptance Form.

Subject to applicable restrictions contained in the ASX Listing Rules and the Corporations Act 2001 (Cth), Eligible Shareholders, who take up their Entitlement in full, may apply for Shortfall Shares. The Shortfall Shares will be issued on the same terms as the Offer. Please refer to section 4.7 of the Offer Document for details on how to apply for Shortfall Shares.

Directors may, at their discretion, place any Shortfall Shares offered under the Shortfall Offer to sophisticated and professional investors, in consultation with the Lead Manager (Sequoia Corporate Finance Pty Ltd ACN 602 219 072).

The Directors (in consultation with the Lead Manager) will allocate the Shortfall Shares applied for under the Shortfall Offer (if any) in accordance with the allocation policy detailed in the Offer Document.

Shareholders should fully consider the Offer Document in deciding whether to acquire the New Shares and/or Shortfall Shares. If you have any doubts or questions in relation to the Offer Document you should consult your professional advisors to evaluate whether or not to participate in the Offer.

Key Dates as per the ASX announcement lodged on 19 May 2021 include*:

Offer Document and personalised Entitlement and AcceptanceForms despatched to Eligible ShareholdersOpening Date of the Offer	2 June 2021
Last day of Entitlement trading	7 June 2021
New Shares quoted on a deferred settlement basis	8 June 2021
Last day to extend Closing Date of the Offer	9 June 2021
Closing Date (Last day for acceptance and payment ofEntitlements in full or in part)	15 June 2021 at 5pm(AEST)
Announcement of results of the Offer and ASX notified of undersubscriptions	16 June 2021
Expected date of allotment of New Shares under the Offer	18 June 2021
Quotation and trading of New Shares starts	21 June 2021

*The above timetable is indicative and may change, subject to the Corporations Act and the ASX Listing Rules. The Directors may extend the Closing Date by giving at least 3 Business Days’ notice to ASX prior to the Closing Date. As such, the date the New Shares are expected to commence trading on ASX may vary. The Directors also reserve the right not to proceed with the Offer (or any part of it) at any time prior to allotment. In that event, any application money received will be returned without interest.

Authorised by the Board of Directors.

-End-

For more information please contact:

Justyn Stedwell Company Secretary justyn@stedwell.com.au +61 3 8395 5446

TYMLEZ GROUP LIMITED ACN 622 817 421 Suite 1.03, 2 Queen St Melbourne VIC 3000 03 8395 5446