REMSENSE TECHNOLOGIES LIMITED — Share Issue/Capital Change 2024

May 15, 2024

Announcement Summary

Entity name

REMSENSE TECHNOLOGIES LIMITED

Date of this announcement

Thursday May 16, 2024

The +securities the subject of this notification are: Total number of +securities to be issued/transferred Other

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
New class - codeto be confirmed	Exercisable at $0.04 on or before 31 March 2029	12,000,000	16/05/2024

Refer to next page for full details of the announcement

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 1.5 Date of this announcement New announcement

16/5/2024

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Options issued to directors pursuant to shareholder approval on 10 May 2024.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Part 3C - number and type of +securities the subject of this notification (new class)

New +securities

ASX +security code	+Security description
New class - code to be confirmed	Exercisable at $0.04 on or before 31 March 2029
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
16/5/2024
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?
listing rule 6.1?	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
Yesissued.	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

+Security currency AUD - Australian Dollar Exercise price AUD 0.04000000 Expiry date 31/3/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

REM : ORDINARY FULLY PAID

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

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

Issued pursuant to shareholder approval granted on 10 May 2024

Issue details

Number of +securities

12,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Director incentive options

Purpose of the issue

Other

Additional Details

Director incentive options

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

ASX +security code and description	Total number of+securities on issue
REMO : OPTION EXPIRING 15-DEC-2025	15,990,457
REM : ORDINARY FULLY PAID	149,859,687

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
REMAO : OPTION EXPIRING 09-NOV-2026 EX $0.04	22,088,183
REMAK : OPTION EXPIRING 10-DEC-2025 EX $0.15	11,000,000
REMAG : OPTION EXPIRING 30-JUN-2025 EX $0.40	1,609,881
REMAM : OPTION EXPIRING 09-NOV-2026 EX $0.04	7,373,250
REMAH : OPTION EXPIRING 30-JUN-2025 EX $0.25	795,000
REMAE : OPTION EXPIRING 30-JUN-2024 EX $0.30	1,500,000
New class - code to be confirmed : Exercisable at $0.04 on or before 31 March 2029	12,000,000

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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