SIMBLE SOLUTIONS LIMITED — Capital/Financing Update 2025

Jun 17, 2025

Appendix 3B - Proposed issue of securities

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Announcement Summary

Entity name

SIMBLE SOLUTIONS LIMITED

Announcement Type

New announcement

Date of this announcement

18/6/2025

The Proposed issue is:

A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Options, exercisable at $0.0035 expiring 31 December 2030	150,000,000
confirmed	(subject to vesting conditions)

Proposed +issue date

29/8/2025

Refer to next page for full details of the announcement

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

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Part 1 - Entity and announcement details

1.1 Name of +Entity

SIMBLE SOLUTIONS LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ACN

Registration Number

608419656

1.3 ASX issuer code

SIS

1.4 The announcement is

New announcement

1.5 Date of this announcement

18/6/2025

1.6 The Proposed issue is:

A placement or other type of issue

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Appendix 3B - Proposed issue of securities

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Part 7 - Details of proposed placement or other issue

Part 7A - Conditions

7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes 7A.1a Conditions

Approval/Condition Date for determination Is the date estimated or ** Approval actual? received/condition met? +Security holder approval 27/8/2025 Estimated

Comments

Issue of options (LM Options) comprising part of joint lead management fee for Placement the subject of Appendix 3B lodged today. Issue of the LM Options will be subject to shareholder approval, to be sought at a general meeting to be held no later than 8 weeks from completion of the Placement. If shareholders do not approve the issue of the LM Options, a cash fee equal to the Black Scholes value of the options on the day of the general meeting shall be payable to the JLMs.

Part 7B - Issue details

Is the proposed security a 'New Will the proposed issue of this class' (+securities in a class that is +security include an offer of not yet quoted or recorded by ASX) attaching +securities? or an 'Existing class' (additional No securities in a class that is already quoted or recorded by ASX)? New class

Details of +securities proposed to be issued

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

Have you received confirmation from Will the entity be seeking quotation ASX that the terms of the proposed of the 'new' class of +securities on +securities are appropriate and ASX? equitable under listing rule 6.1? No No ASX +security code +Security description New class-code to be confirmed Options, exercisable at $0.0035 expiring 31 December 2030 (subject to vesting conditions) +Security type Options

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Appendix 3B - Proposed issue of securities

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Number of +securities proposed to be issued

Number of +securities proposed to be issued
150,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Nominal issue price of $0.000001 per option; in part consideration for JLM services.
Please provide an estimate of the AUD equivalent of the consideration being
provided for the +securities
150.000000
Will all the +securities issued in this class rank equally in all respects from
their issue date?
Yes
Options details
+Security currencyExercise price	Expiry date
AUD - Australian DollarAUD 0.0035	31/12/2030
Details of the type of +security that will be issued if the option is exercised
SIS : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
150000000
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
Separate announcement today

Part 7C - Timetable 7C.1 Proposed +issue date 29/8/2025

Part 7D - Listing Rule requirements

7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

27/8/2025

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Appendix 3B - Proposed issue of securities

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7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? Yes

7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No

7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No

Part 7E - Fees and expenses

7E.1 Will there be a lead manager or broker to the proposed issue?

No

7E.2 Is the proposed issue to be underwritten? No

7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Nil

Part 7F - Further Information

7F.01 The purpose(s) for which the entity is issuing the securities

Options issue is part consideration for JLM services provided by Kaai Capital Pty Ltd (ABN 99 686 509 759) and the Prenzler Group (AFSL 456663) (together, the JLMs) for the Placement the subject of the Appendix 3B lodged today.

7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No

7F.2 Any other information the entity wishes to provide about the proposed issue

Options subject to vesting conditions as follows:

Tranches 10-day VWAP Tranche 1 - 50 million $0.005 Tranche 2 - 50 million $0.010 Tranche 3 - 50 million $0.015

Appendix 3B - Proposed issue of securities

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