REMSENSE TECHNOLOGIES LIMITED — Share Issue/Capital Change 2023

Sep 7, 2023

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

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Announcement Summary

Entity name

REMSENSE TECHNOLOGIES LIMITED

Date of this announcement

Friday September 08, 2023

The +securities the subject of this notification are: Other

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 10 December 2025 options 9,000,000 04/07/2023 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

REMSENSE TECHNOLOGIES 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

648834771

1.3 ASX issuer code

REM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

8/9/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Director options issued 4 July 2023 had expiry date of 10 Dec 23 in 3G. Should have been 10 Dec 25.

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

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----- Start of picture text ----- New +securitiesASX +security code +Security descriptionNew class - code to be confirmed 10 December 2025 options+Security type ISIN codeOptionsDate the +securities the subject of this notification were issued4/7/2023Will all the +securities issued in this class rank equally in all respects from their issue date?YesHave you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?NoPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Options Details+Security currency Exercise price Expiry dateAUD - Australian Dollar AUD 0.15000000 10/12/2025Details of the existing class of +security that will be issued upon exercise or conversion of this new class ofcompany optionOtherDescriptionFully paid ordinaryAny other information the entity wishes to provide about the +securities the subject of this notification3G lodged on 4 July incorrectly stated expiry 10 Dec 2023. Should have been 10 December 2025.----- End of picture text -----

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Refer above explanation

Issue details

Number of +securities

9,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

nil Other

Purpose of the issue

Additional Details

Director options approved at meeting of shareholders on 26 June 2023.

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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
REMO : OPTION EXPIRING 15-DEC-2025	15,990,457
REM : ORDINARY FULLY PAID	50,005,530
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
REMAK : OPTION EXPIRING 10-DEC-2023 EX $0.15	9,000,000
REMAG : OPTION EXPIRING 30-JUN-2025 EX $0.40	1,609,881
REMAH : OPTION EXPIRING 30-JUN-2025 EX $0.25	1,085,000
REMAA : ORDINARY FULLY PAID RESTRICTED	48,304,559
REMAE : OPTION EXPIRING 30-JUN-2024 RESTRICTED	1,500,000
New class - code to be confirmed : 10 December 2025 options	9,000,000

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

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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

26/6/2023

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