SKIN ELEMENTS LIMITED — Share Issue/Capital Change 2025

Dec 23, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

SKIN ELEMENTS LIMITED

Date of this announcement

Wednesday December 24, 2025

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
SKN	ORDINARY FULLY PAID	125,000,000	17/12/2025

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

SKIN ELEMENTS 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 Registration number ACN 608047794

1.3 ASX issuer code

SKN

1.4 The announcement is

New announcement

1.5 Date of this announcement

24/12/2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being	The right of the holder of the options or other +convertible securities to receive the +underlying securities is being	The right of the holder of the options or other +convertible securities to receive the +underlying securities is being
satisfied by:
A transfer of existing +securities
The underlying securities being received by the holder are:
Already quoted by ASX
Existing +securities converting into an existing class
FROM (Existing Class)
ASX +Security code and description
SKNAZ : OPTION EXPIRING 12-DEC-2028 EX $0.006
TO (Existing Class)
ASX +Security code and description
SKN : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	17/12/2025	17/12/2025
125,000,000
Is this all of the options or other +convertible securities on issue of that type?
No
Were the options being exercised or other +convertible securities being converted issued under an +employee
incentive scheme?
No
Date the +securities the subject of this notification were issued/transferred
17/12/2025

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

Issue details

Number of +securities 125,000,000

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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 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)

	Total number of
ASX +security code and description	+securities on issue
SKNOD : OPTION EXPIRING 31-MAY-2026	133,351,198
SKN : ORDINARY FULLY PAID	2,900,214,115
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
SKNAS : OPTION EXPIRING 31-OCT-2025 EX $0.05	28,000,000
SKNAU : PERFORMANCE SHARES CLASS A	100,000,000
SKNAV : PERFORMANCE SHARES CLASS B	62,000,000
SKNAY : OPTION EXPIRING 12-DEC-2028 EX $0.006	662,500,000
SKNAZ : OPTION EXPIRING 12-DEC-2028 EX $0.006	125,000,000
SKNAX : OPTION EXPIRING 21-FEB-2028 EX $0.01	219,061,355

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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