PEPPERMINT INNOVATION LIMITED — Share Issue/Capital Change 2021

Nov 25, 2021

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

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Announcement Summary

Entity name

PEPPERMINT INNOVATION LIMITED

Date of this announcement

Friday November 26, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Incentive Options under Employee Share Plan	10,000,000	14/10/2021
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

PEPPERMINT INNOVATION 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

125931964

1.3 ASX issuer code

PIL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

26/11/2021

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

ASX +security code New class - code to be confirmed		+Security description Incentive Options under Employee Share Plan	+Security description Incentive Options under Employee Share Plan
+Security type		ISIN code
Options
Date the +securities the subject of this notification were issued
14/10/2021
Will all the +securities issued in this class rank equally in		all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder		Number of +securities
Aidan Montagu	Globe Vista Pty Ltd		10,000,000
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.
https://pepltd.com.au/wp-content/uploads/2021/01/notice-of-annual-general-meeting-proxy-form-1.pdf
Options Details
+Security currency	Exercise price		Expiry date
AUD - Australian Dollar	AUD 0.02000000		30/6/2024
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 fully paid shares

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

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Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://pepltd.com.au/wp-content/uploads/2021/01/notice-of-annual-general-meeting-proxy-form-1.pdf

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

These incentive options are issued in four tranches of 2,500,000 exercisable at 2cps, 2.5cps, 3cps and 4cps respectively.

Issue details

Number of +securities

2,500,000

Number of +securities

2,500,000

Number of +securities

2,500,000

Number of +securities

2,500,000

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

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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
PIL : ORDINARY FULLY PAID	1,964,712,510

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
PILAF : CONVERTIBLE NOTES	438,732
PILAJ : OPTION EXPIRING 12-FEB-2024 EX $0.025	20,000,000
PILAI : OPTION EXPIRING 12-FEB-2024 EX $0.015	20,000,000
New class - code to be confirmed : Incentive Options under Employee Share Plan	10,000,000

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

29/11/2019

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