SPACETALK LTD — Share Issue/Capital Change 2025

Nov 9, 2025

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

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Announcement Summary

Entity name

SPACETALK LTD

Date of this announcement

Monday November 10, 2025

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

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Converting Notes EXP 31 July 2026	3,000,000	07/11/2025
to be confirmed

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

SPACETALK LTD

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 ABN 93091351530

1.3 ASX issuer code

SPA

1.4 The announcement is

New announcement

1.5 Date of this announcement

10/11/2025

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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:

+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	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
11-Jul-2025 11:14	New - Proposed issue of securities -	A placement or other type of issue
	SPA

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

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

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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 new unquoted class of security Date the +securities the subject of this notification were issued 10/11/2025 Any other information the entity wishes to provide about the +securities the subject of this notification The notes are classified as an equity security, as a result of the passing of resolution 2 (approval to issue shares on the conversion of Thorney Notes) at the general meeting of shareholders held on Wednesday 5 November 2025. The details of the resolution are contained with the notice of meeting at : https://announcements.asx.com.au/asxpdf/20251007/pdf/06 q6ryyn2hrf3y.pdf

Issue details

Number of +securities 3,000,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 1.00000000

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

ASX +security code New class - code to be confirmed	+Security description Converting Notes EXP 31 July 2026	+Security description Converting Notes EXP 31 July 2026
+Security type	ISIN code
+Convertible debt securities
Date the +securities the subject of this notification were issued
7/11/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued. https://announcements.asx.com.au/asxpdf/20250915/pdf/06p719y4xb88t8.pdf
+Convertible debt securities Details
Type of +security
Convertible note or bond
+Security currency	Face value	Interest rate type
AUD - Australian Dollar	AUD 1.00000000	Fixed rate
Frequency of coupon/interest payments per year		First interest payment date
Quarterly		12/11/2025
Interest rate per annum	Is the interest rate per annum estimated at this time?
10.00 %	No
s128F of the Income Tax Assessment Act status applicable to the +security
Not applicable
Is the +security perpetual (i.e. no maturity)?		Maturity date
No		31/7/2026
Select other feature(s) applicable to	the +security
Converting
Convertible
Redeemable
Is there a first trigger date on which	a right of conversion, redemption, call
or put can be exercised (whichever is first)?
No

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

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Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged

SPA : ORDINARY FULLY PAID

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

This notification is part of three notices today, for a total of 6,000,000 Converting Notes expiring on 31 July 2025

Issue details

Number of +securities

3,000,000

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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
SPA : ORDINARY FULLY PAID	73,412,682
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
SPAAAA : WARRANTS	2
SPAAR : INCENTIVE RIGHT	683,960
New class - code to be confirmed : Converting Notes EXP 31 July 2026	3,000,000

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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