Opthea Ltd — Share Issue/Capital Change 2022

Aug 23, 2022

Application for quotation of +securities

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Update Summary

Entity name

OPTHEA LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

Wednesday August 24, 2022

Reason for the update

Receipt of settlement funds for 2,032,354 shares referred to in section 2.3a of Appendix 2A lodged on 24 August 2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

OPTHEA LIMITED

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 Registration number ABN 32006340567

1.3 ASX issuer code

OPT

1.4 The announcement is

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Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Receipt of settlement funds for 2,032,354 shares referred to in section 2.3a of Appendix 2A lodged on 24 August 2022

1.4b Date of previous announcement to this update

24/8/2022

1.5 Date of this announcement

24/8/2022

Application for quotation of +securities

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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 15-Aug-2022 10:56 New - Proposed issue of securities - A placement or other type of issue OPT

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?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Tranche 2 of 58,978,361 ordinary shares subject to shareholder approval to be issued shortly after approval received

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 OPT : ORDINARY FULLY PAID Issue date 25/8/2022

Issue details

Number of +securities to be quoted 52,822,881 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 1.15000000

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

Application for quotation of +securities

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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
OPT : ORDINARY FULLY PAID	404,975,423

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
OPTAD : PERFORMANCE RIGHTS	1,600,000
OPTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	21,388,000
OPTAC : ADS EXPIRING VARIOUS DATES EX VARIOUS PRICES	925,000

Application for quotation of +securities

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