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QORIA LIMITED Share Issue/Capital Change 2021

Jun 30, 2021

65649_rns_2021-06-30_c98c5adb-448d-42f2-99e7-dd859f7c30e0.pdf

Share Issue/Capital Change

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ISSUE OF TRANCHE 1 CONSIDERATION SHARES

Family Zone is pleased to advise that it has issued 2,155,354 fully paid ordinary shares ( Tranche 1 Consideration Shares ) pursuant to its business sale and purchase agreement with Verite Educational Services LLC to acquire its innovative US based classroom management technology business ( Sale Agreement ). Refer to announcements on 25 June 2021 and 1 July 2021 for further details in respect to the Sale Agreement.

The Tranche 1 Consideration Shares are voluntarily escrowed for 6 months from issue date.

Please refer to the Appendix 2A lodged with ASX on 1 July 2021 for details on the Tranche 1 Consideration Shares issued.

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001

This notice is given by Family Zone Cyber Safety Limited (ASX: FZO) (Family Zone or the Company) in relation to an issue of 2,155,354 Shares, to Verite Educational Services LLC pursuant to the Sale Agreement without disclosure to investors under Part 6D/2 of the Corporations Act 2001 (Cth) (Act).

The Company hereby notifies ASX under section 708A(5)(e) of the Act that:

  • a. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

  • b. the Company is providing this notice under paragraph (5)(e) of section 708A of the Act;

  • c. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

  • d. as at the date of this notice, the Company has complied with section 674 of the Act; and

  • e. as at the date of this notice, there is no information:

    • i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

    • ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

      • A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

      • B) the rights and liabilities attaching to the shares.

Authorised for release by the Family Zone Board on 1 July 2021.

For more information, please contact:

Tim Levy Tim Dohrman Managing Director Investor Relations [email protected] [email protected] +61 413 563 333 +61 468 420 846

Family Zone Cyber Safety Limited 945 Wellington Street West Perth, WA 6005

About Family Zone

Family Zone is an ASX listed technology company focused on cyber safety. Meeting a growing demand to keep kids safe online and manage digital lifestyles, Family Zone has developed unique and innovative cloud-based solutions which combines Australian innovation with leading global technology.

To learn more about the Family Zone platform and the Company, please visit www.familyzone.com.