NUTRITIONAL GROWTH SOLUTIONS LTD — Capital/Financing Update 2023

Aug 30, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

NUTRITIONAL GROWTH SOLUTIONS LTD

Announcement Type

New announcement

Date of this announcement

Thursday August 31, 2023

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
NGSOA	OPTION EXPIRING 31-AUG-2026	80,000,000	31/08/2023

Refer to next page for full details of the announcement

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

NUTRITIONAL GROWTH SOLUTIONS LTD

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 642861774

1.3 ASX issuer code

NGS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

31/8/2023

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
09-May-2023 09:55	New - Proposed issue of securities -	A placement or other type of issue
	NGS

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details ASX +security code and description NGSOA : OPTION EXPIRING 31-AUG-2026 Issue date 31/8/2023 Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000	17	1.44 %
100,001 and over	57	98.56 %

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

80,000,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

50m of the options were issued as free attaching options to the placement announced on 9 May 2023. 30m options were issued as part consideration of the lead manager to the placement's fees.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

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

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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
NGS : ORDINARY FULLY PAID	251,227,397
NGSO : OPTION EXPIRING 19-NOV-2023	30,793,938
NGSOA : OPTION EXPIRING 31-AUG-2026	80,000,000
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
NGSAN : EMP OPTIONS EX VARIOUS DATES EX VARIOUS PRICES	7,204,169
NGSAH : OPTION EXPIRING 23-OCT-2025 EX $0.20	20,000,000
NGSAJ : OPTION EXPIRING 31-DEC-2025 EX $0.01	5,571,430
NGSAR : OPTION EXPIRING 26-JAN-2023 EX $0.2747	250,000
NGSAS : OPTION EXPIRING 25-FEB-2023 EX $0.2731	250,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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