SPARC TECHNOLOGIES LIMITED — Share Issue/Capital Change 2025

Oct 27, 2025

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

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Announcement Summary

Entity name

SPARC TECHNOLOGIES LIMITED

Date of this announcement

Tuesday October 28, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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	Unlisted options - exercisable at $0.25 on or	750,000	28/10/2025
to be confirmed	before 28 October 2029

Refer to next page for full details of the announcement

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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

SPARC 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 Registration number ABN 13009092068

1.3 ASX issuer code

SPN

1.4 The announcement is

New announcement

1.5 Date of this announcement

28/10/2025

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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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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")

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

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed Unlisted options - exercisable at $0.25 on or before 28October 2029----- End of picture text -----

+Security typeISIN code
Options
Date the +securities the subject of this notification were issued
28/10/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Simon Kidston	KFT Capital Pty Ltrd <GundimaineA/C>	750,000

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02996523-3A676879&v=undefined

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.25000000 28/10/2029

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

SPN : ORDINARY FULLY PAID

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02996523-3A676879&v=undefined

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

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

Issue details

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Number of +securities

750,000

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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
SPN : ORDINARY FULLY PAID	116,981,103
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
SPNAE : PERFORMANCE RIGHTS	10,000,000
SPNAN : OPTION EXPIRING 01-JUL-2026 EX $0.90	750,000
SPNAR : OPTION EXPIRING 10-JUL-2028 EX $0.25	750,000
SPNAM : OPTION EXPIRING 28-FEB-2026 EX $1.20	1,000,000
SPNAO : OPTION EXPIRING 21-DEC-2027 EX $0.35	7,250,000
SPNAQ : OPTION EXPIRING 06-DEC-2028 EX $0.25	1,500,000
SPNAP : OPTION EXPIRING 29-APR-2026 EX $0.35	7,363,640
New class - code to be confirmed : Unlisted options - exercisable at $0.25 on or before 28	750,000
October 2029

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

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

23/10/2025

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