READCLOUD LIMITED — Capital/Financing Update 2023

Aug 31, 2023

Announcement Summary

Entity name

READCLOUD LIMITED

Date of this announcement

Friday September 01, 2023

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
RCLAU	OPTION EXPIRING 01-MAR-2025 DEFERRED	12,183,589	01/09/2023

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

READCLOUD 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

136815891

1.3 ASX issuer code

RCL

1.4 The announcement is

New announcement

1.5 Date of this announcement

1/9/2023

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date andTime	Announcement Title	Selected Appendix 3B to submit quotationrequest
27-Jul-2023 10:24	New - Proposed issue of securities -RCL	A standard +pro rata issue (non-renounceable)

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

Equity Securities

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been

notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description

RCLAU : OPTION EXPIRING 01-MAR-2025 DEFERRED

Date the +securities the subject of this notification were issued

1/9/2023

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

Issue details

Equity Securities

Number of +securities12,183,589
Were the +securities issued for a cash consideration?Yes
In what currency was the cash consideration beingpaid?	What was the issue price per +security?
AUD - Australian Dollar	AUD 0.00000000

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) ASX +security code and description Total number of +securities on issue

RCL : ORDINARY FULLY PAID 121,837,289

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

ASX +security code and description	Total number of+securities on issue
RCLAS : SHARE RIGHTS EXPIRING 15-JAN-2025	1,428,571
RCLAR : OPTION EXPIRING 15-MAY-2025 EX $0.10	1,300,000
RCLAP : OPTION EXPIRING 01-JUL-2024 EX $0.27	1,950,000
RCLAQ : OPTION EXPIRING 01-JUL-2025 EX $0.29	1,350,000
RCLAO : OPTION EXPIRING 09-MAR-2025 EX $0.43	300,000
RCLAU : OPTION EXPIRING 01-MAR-2025 DEFERRED	12,183,589

Equity Securities