SEAFARMS GROUP LIMITED — Share Issue/Capital Change 2021

Sep 21, 2021

X

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

Announcement Summary

Entity name

SEAFARMS GROUP LIMITED

Date of this announcement

Wednesday September 22, 2021

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 +security code	Security description	Total number of +securities to be issued/transferred	Issue date
SFGAD	OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	27,272,726	22/09/2021

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

---

X

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

Part 1 - Entity and announcement details

1.1 Name of entity
SEAFARMS GROUP 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
009317846

1.3 ASX issuer code
SFG

1.4 The announcement is
☑ New announcement

1.5 Date of this announcement
22/9/2021

Notification of Issue, Conversion or Payment up of Unquoted

---

X

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

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 and Time	Announcement Title	Selected Appendix 3B to submit quotation request
02-Sep-2021 16:31	New - Proposed issue of securities - SFG	A placement or other type of issue

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

Notification of Issue, Conversion or Payment up of Unquoted

---

X

Notification of Issue, Conversion or Payment up of Unquoted 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

Placement Details

ASX +security code and description

SFGAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

22/9/2021

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

See announcement dated 2 September 2021 entitled "SFG appoints CEO and CFO"

Issue details

Number of +securities

27,272,726

Were the +securities issued for a cash consideration?

☑ No

Please describe the consideration being provided for the +securities

Nil

Notification of Issue, Conversion or Payment up of Unquoted

---

X

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

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
SFG : ORDINARY FULLY PAID	4,790,919,634

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
SFGAA : CONVERTIBLE PREFERENCE SHARES	30,150,189
SFGAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,537,901,841

Notification of Issue, Conversion or Payment up of Unquoted