SPENDA LIMITED — AGM Information 2016

Oct 16, 2016

Motopia'Limited' ABN'67'099'084'143'

Notice'of'2016'Annual'General'Meeting'

Notice!is!hereby!given!that!the!2016!Annual!General!Meeting!of!Motopia!Limited!ACN!099!084!143!will!be! held!at!the!The!Country!Women’s!Association!of!Western!Australia,!1176!Hay!Street,!West!Perth,!WA,! 6005,!on!Wednesday,!16!November!2016!at!10:00!AM!AWST.!!

The!Explanatory!Memorandum!to!this!Notice!of!Meeting!provides!additional!information!on!matters!to!be! considered!at!the!Meeting.!The!Explanatory!Memorandum!and!the!Proxy!Form!are!part!of!this!Notice!of! Meeting.!

Terms!and!abbreviations!used!in!this!Notice!of!Meeting!and!Explanatory!Memorandum!are!defined!in!the! Glossary.!

1.'Agenda'for'the'Meeting'

Financial'statements'and'reports'

The!Meeting!will!consider!the!financial!statements!and!reports!of!the!Company!including!the!income! statement,!balance!sheet,!statement!of!changes!in!equity,!cash!flow!statement,!the!notes!to!the!financial! statements,!the!Directors’!declaration!and!the!reports!of!the!Directors!and!Auditors!for!the!financial!year! ended!30!June!2016.!

While!no!resolution!is!required!in!relation!to!this!item,!Shareholders!will!be!given!the!opportunity!to!ask! questions!and!make!comments!on!the!financial!statements!and!reports.!

A!representative!of!Company’s!auditor,!BDO!East!Coast!Partnership!(BDO),!will!be!present!at!the!Meeting! and!Shareholders!will!have!an!opportunity!to!ask!the!auditor!questions!in!relation!to!the!conduct!of!the! audit,!the!auditor’s!report,!the!Company’s!accounting!policies,!and!the!independence!of!the!auditor.!

The!Company’s!2016!Annual!Report!can!be!viewed!online!at!www.motopia.com!and!on!the!ASX!website! www.asx.com.au.

Resolution'1'E'Adoption'of'Remuneration'Report''

To!consider!and!if!thought!fit,!pass!the!following!resolution!as!a!non]binding!resolution:!

“That&for&the&purposes&of&section&250R(2)&of&the&Corporations&Act&and&for&all&other&purposes,&the& Remuneration&Report&for&the&year&ended&30&June&2016&included&in&the&Directors’&Report,&which&is&attached& to&the&Financial&Statements&as&required&under&section&300A&of&the&Corporations&Act,&be&adopted&by&the& Company.”&

Voting'Exclusion'Statement :!In!accordance!with!the!Corporations!Act!the!Company!will!disregard!any!votes!cast!in!relation!to!this! resolution!by!or!on!behalf!of!the!Key!Management!Personnel,!which!includes!the!Directors!and!executives!in!the!consolidated!group! whose!remuneration!is!included!in!the!Remuneration!Report!and!their!closely!related!parties!(Excluded!Persons).!However,!the! Company!need!not!disregard!a!vote!if:!

• it!is!cast!by!an!Excluded!Person!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!the!directions!on!the! proxy!form;!or!

• it!is!cast!by!the!person!chairing!the!meeting!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!a!direction! on!the!proxy!form!to!vote!as!the!proxy!decides.!!

Resolution'2'–'ReEelection'of'Stephen'Dale'as'a'Director'

To!consider!and,!if!thought!fit,!to!pass,!with!or!without!amendment,!the!following!resolution!as!an! ordinary!resolution:!

“That&Stephen&Dale,&being&a&Director,&retires&pursuant&to&clause&22.1&of&the&Constitution,&and&having& offered&himself&for&reMelection&and&being&eligible,&is&reMelected&as&a&Director.”&

Resolution'3'–'Approve'the'previous'issue'of'1,186,610,540'Shares'

To!consider!and,!if!thought!fit,!to!pass,!with!or!without!amendment,!the!following!resolution!as!an! ordinary!resolution:!

“That&for&the&purposes&of&ASX&Listing&Rule&7.4&and&all&other&purposes,&previous&issues&of&a&combined&total&of& 1,186,610,540 Shares,&as&referred&to&in&the&Explanatory&Statement,&are&approved.”&

Voting'Exclusion'Statement:' The!Company!will!disregard!any!votes!cast!on!this!resolution!by!any!person!who!participated!in!the!issue!or! received!a!benefit!and!any!of!their!associates.!!However,!the!Company!need!not!disregard!a!vote!if:!

• it!is!cast!by!a!person!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!the!directions!on!the!proxy!form;!or!

• it!is!cast!by!the!person!chairing!the!meeting!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!a!direction!on!the! proxy!form!to!vote!as!the!proxy!decides.!!!

Resolution'4'E'Consolidation'of'Capital

To!consider!and,!if!thought!fit,!to!pass,!with!or!without!amendment,!the!following!resolution!as!an! ordinary!resolution:!

“That,&the&share&capital&of&the&Company&be&consolidated&through&the&conversion&of&every&100&Shares&into&1& Share,&and&that&any&resulting&fractions&of&Shares&be&rounded&up&to&the&nearest&whole&number&of&Shares.”&

Resolution'5'–'Approval'of'additional'capacity'to'issue'shares'under'ASX'Listing'Rule'7.1A''

To!consider!and!if!thought!fit,!pass!the!following!resolution!as!a!special!resolution:!

"That,&pursuant&to&and&in&accordance&with&Listing&Rule&7.1A&and&for&all&other&purposes,&Shareholders& approve&the&issue&of&equity&securities&up&to&10%&of&the&issued&capital&of&the&Company&(at&the&time&of&the& issue)&calculated&in&accordance&with&the&formula&prescribed&in&Listing&Rule&7.1A.2&and&on&the&terms&and& conditions&in&the&Explanatory&Statement."&

Voting'Exclusion Statement :!The!Company!will!disregard!any!votes!cast!on!this!Resolution!by!a!person!who!may!participate!in!the!10%! Placement!Facility!issue!and!a!person!who!might!obtain!a!benefit!(except!a!benefit!solely!in!the!capacity!of!a!holder!of!ordinary!securities)!if! this!Resolution!is!passed,!and!any!associates!of!those!persons.!!However,!the!Company!will!not!disregard!a!vote!if:!

• it!is!cast!by!the!person!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!directions!on!the!Proxy!Form;!or!

• it!is!cast!by!the!Chairman!as!proxy!for!a!person!who!is!entitled!to!vote,!in!accordance!with!a!direction!on!the!Proxy!Form!to!vote! as!the!proxy!decides.!

2.'Determination'of'voting'entitlement'

For!the!purpose!of!determining!a!person’s!entitlement!to!vote!at!the!Meeting,!a!person!will!be!recognized! as!a!shareholder!and!the!holder!of!Shares!if!that!person!is!registered!as!a!holder!of!those!Shares!at!7:00! p.m.!AEDT!on!14!November!2016.!

3.'Votes'

Unless!a!poll!is!demanded!in!advance!of!voting!on!a!resolution,!voting!on!each!resolution!will!initially!be! by!way!of!a!show!of!hands.!!On!a!show!of!hands,!each!member!present!in!person!or!by!proxy!or,!in!the! case!of!a!body!corporate,!by!a!representative,!shall!have!one!vote.!

On!a!poll,!every!member!present!in!person!or!by!attorney!or!by!proxy!or,!in!the!case!of!a!body!corporate,! by!a!representative,!shall!have!one!vote!for!each!share!held!by!him,!her!or!it.

4.'Proxies

A!Shareholder!entitled!to!attend!and!vote!is!entitled!to!appoint!a!proxy!to!attend!and!vote!instead!of!the! Shareholder.!

Where!the!Shareholder!is!entitled!to!cast!two!or!more!votes,!the!Shareholder!may!appoint!two!proxies! and!may!specify!the!proportion!or!number!of!votes!each!proxy!is!appointed!to!exercise.!

If!the!Shareholder!appoints!two!proxies!and!the!appointment!does!not!specify!the!proportion!or!number! of!the!Shareholder’s!votes!each!proxy!may!exercise,!each!proxy!may!exercise!half!of!the!votes.!!A!proxy! need!not!be!a!Shareholder.!

To!be!effective,!the!instrument!of!appointment!of!a!proxy!(and!power!of!attorney!or!other!authority,!if! any,! under! which! it! is! signed! or! a! certified! copy! of! that! power! or! authority)! must! be! received! by! the! Company,!by!mail!at!Motopia!Limited!PO!Box!804!South!Yarra!VIC!3141!VIC!or!by!facsimile!on!+!61!(0)!3! 8678!1747!by!1:00!pm!AEDT!on!14!November!2016.!

If!you!choose!to!appoint!a!proxy,!you!are!encouraged!to!direct!your!proxy!how!to!vote!on!the!Resolutions! by!marking!either!“For”,!“Against”!or!“Abstain”!on!the!form!of!proxy!for!that!item!of!business.!!

Subject!to!the!voting!restrictions!set!out!in!the!Voting!Exclusion!Statements,!the!Chairperson!will!vote! undirected!proxies!on,!and!in!favour!of!all!Resolutions.!!

If!the!proxy!is!the!Chairman,!the!Chairman!can!also!vote!undirected!proxies!on!the!Resolution!1!to!adopt! the! Remuneration! Report! provided! that! proxy! form! expressly! authorises! the! Chairman! to! vote! on! Resolution! 1! even! though! Resolution! 1! is! connected! with! the! remuneration! of! key! management! personnel.!!

A!form!of!proxy!accompanies!this!Notice.!

5.'Questions'and'Comments'by'Shareholders

A!reasonable!opportunity!will!be!given!to!Shareholders!to!ask!questions!and/or!make!comments!on!the! management!of!the!Company!at!the!Meeting.!

A!reasonable!opportunity!will!be!given!for!Shareholders!to!ask!questions!of!the!Company’s!external! auditor,!BDO.!These!questions!should!relevant!to:!

• a) the!conduct!of!the!audit;!

• b) the!preparation!and!contents!of!the!audit!report;!

• c) the!accounting!policies!adopted!by!the!Company!in!relation!to!the!preparation!of!its!financial! statements;!and!

• d) the!independence!of!the!auditor!in!relation!to!the!conduct!of!the!audit.!

Shareholders!may!also!submit!a!written!question!to!BDO!if!the!question!is!relevant!to!the!content!of!the! audit!report!or!the!conduct!of!its!audit!of!the!Company’s!financial!report!for!the!year!ended!30!June!2016.!! Relevant!written!questions!for!BDO!must!be!received!by!the!Company!no!later!than!1:00!PM!AEDT!on!9! November!2016.!A!representative!of!BDO!will!provide!answers!to!the!questions!at!the!Meeting.!

If!you!have!any!questions!in!regard!to!this!Notice,!please!contact!the!Company!Secretary,!Justyn!Stedwell,! on!+61(0)!3!8678!1746.!

EXPLANATORY'STATEMENT'

This!Explanatory!Statement!is!intended!to!provide!Shareholders!with!sufficient!information!to!assess!the! merits!of!the!Resolutions!contained!in!this!Notice.!

The!Directors!recommend!that!Shareholders!read!this!Explanatory!Statement!in!full!before!making!any! decision!in!relation!to!the!Resolutions.!

Resolution'1:'Adoption'of'remuneration'report''

In!accordance!with!Section!300A(1)!of!the!Corporations!Act!the!Remuneration!Report!is!included!in!the! Directors!Report!for!the!financial!year!ended!30!June!2016.!!!

The!Remuneration!Report!sets!out!details!of!the!remuneration!received!by!the!directors!and!key! Company!executives,!in!addition!to!describing!Board!policy!in!respect!of!remuneration.!!Resolution!1! seeks!shareholder!approval!of!the!adoption!of!the!Remuneration!Report!by!the!Company.!!

The!outcome!of!this!resolution!is!not!binding!on!the!Company!or!the!Board.!!However,!sections!250U!to! 250Y!of!Corporations!Act!which!have!been!enacted!introduce!a!‘two!strikes!and!re]election’!process!in! relation!to!the!shareholder!vote!on!the!Remuneration!Report!provide!that:!

• A!‘first!strike’!will!occur!if!this!Remuneration!Report!resolution!receives!a!‘no’!vote!of!25%!or! more.!If!this!occurs,!the!Company’s!subsequent!remuneration!report!will!contain!an!explanation! of!the!Board’s!proposed!action!in!response!to!the!‘no’!vote!or!an!explanation!of!why!no!action! has!been!taken!by!the!Board.!

• A!‘second!strike’!will!occur!if!the!resolution!to!adopt!the!Remuneration!Report!at!the!following! Company!Annual!General!Meeting!also!receives!a!‘no’!vote!of!25%!or!more.!If!this!occurs,! shareholders!will!vote!at!that!Annual!General!Meeting!to!determine!whether!the!Directors!will! need!to!stand!for!re]election!at!a!separate,!subsequent!meeting!(the!‘spill!resolution’).!If!the!spill! resolution!passes!with!50%!or!more!of!eligible!votes!cast,!the!spill!meeting!must!take!place! within!90!days.!

The!Company!did!not!receive!a!first!strike!at!its!2015!Annual!General!Meeting.!!The!Board!believes!the! Remuneration!of!the!Company’s!key!management!personnel!(KMP)!is!appropriate!and!in!line!with!market! rates!for!a!listed!company!of!its!size!and!scale!of!operations.!

The!Remuneration!Report!is!set!out!in!the!Company’s!2016!Annual!Report.!!The!2016!Annual!Report!can! be!viewed!online!at!the!Company’s!website,!www.motopia.com,!and!the!ASX!website,!www.asx.com.au,! (ASX!Code:!MOT).!

Resolution'2:'ReEElection'of'Stephen'Dale'as'a'Director'

In!accordance!with!clause!22.1!of!the!Constitution,!Stephen!Dale,!a!Director!appointed!on!8!April!2014! retires!at!the!close!of!this!Annual!General!Meeting,!offers!himself!for!election!as!a!Director.!

Details!of!Mr.!Dale’s!qualifications,!experience!and!special!responsibilities!are!set!out!in!the!Company’s! 2016!Annual!Report.!

Resolution'3'–'Approve'the'previous'issue'of'1,186,610,540'Shares''

Background'

From!30!December!2015!to!26!May!2016!the!Company!issued!a!combined!total!of!1,186,610,540 Shares! without!the!prior!approval!of!Shareholders!and!in!accordance!with!ASX!Listing!Rules!7.1!and!7.1A.!

Resolution!3!seeks!Shareholder!approval!for!the!previous!issues!of!of!a!combined!total!of!1,186,610,540 Shares!for!the!purposes!of!ASX!Listing!Rule!7.4!and!all!other!purposes.!

ASX'Listing'Rules'7.1,'7.1A,'7.4'&'7.5'

ASX!Listing!Rule!7.1!provides!that!a!listed!company!must!not,!subject!to!certain!exceptions,!issue!or!agree! to!issue!more!than!15%!of!its!capital!within!a!12]month!period!without!the!approval!of!shareholders.!!!

In!addition,!at!the!Company’s!2015!Annual!General!Meeting!(AGM),!the!Company’s!shareholders! approved!a!resolution!pursuant!to!ASX!Listing!Rule!7.1A!to!allow!the!Company!to!issue!a!further!10%!of! the!existing!capital!of!the!Company!within!a!12!month!period.!

ASX!Listing!Rule!7.4!provides!that!an!issue!of!shares!made!without!approval!under!Listing!Rule!7.1!(and/or! 7.1A)!is!treated!as!been!made!with!approval!if!each!of!the!following!applies:!

• the!issue!did!not!breach!Listing!Rule!7.1!(or!7.1A),!and!

• the!shareholders!of!ordinary!securities!subsequently!approve!the!issue.!

The!issue!of!1,186,610,540 Shares!did!not!breach!ASX!Listing!Rule!7.1!(or!7.1A)!and!the!Company!seeks! subsequent!Shareholder!approval!for!these!issues!of!Shares!for!the!purposes!of!ASX!Listing!Rule!7.4!and! all!other!purposes.!!!

The!following!information!is!provided!to!Shareholders!in!accordance!with!ASX!Listing!Rule!7.5:!

Thenumberofsecuritiesissued		1,186,610,540Shares	1,186,610,540Shares
Issuepricepersecurity			IssuePrice $0.0008 $0.00075 $0.0005
		Shares	IssuePrice
		256,250,000	$0.0008
		522,225,615	$0.00075
		408,134,925	$0.0005
Termsofsecurity		Sharesrankingequallywithallexistingshares
Personswhomsecuritieswereissuedorbasisof issue		ClientsofRaptorGlobalCorporation
Useoffundsraised		Fundshavebeenusedforworkingcapital purposesandforthedevelopmentand commercialisationoftheCompany’scloud migrationconversionsolution(MU2).

Resolution'4'E'Consolidation'of'Capital'

General'

The!Company!proposes!to!consolidate!its!share!capital!through!the!conversion!of!every!100!Shares!to!1! Share.! ! Under! section! 254H! of! the! Corporations! Act,! a! company! may! consolidate! its! shares! if! the! consolidation!is!approved!by!an!ordinary!resolution!of!shareholders!at!a!general!meeting.!!

The!primary!reason!for!the!proposed!consolidation!is!that!the!Company!has!a!very!large!number!of!Shares! on!issue!due!to!numerous!equity]based!capital!raisings!and!capital!transactions.!!The!number!of!Shares!is! disproportionate!to!the!Company’s!peers,!so!the!Company!proposes!to!reduce!this!number!by!way!of!this! share!consolidation.!

Effect'on'Shareholdings'and'proposed'issues'of'capital'

If! the! proposed! Share! consolidation! is! approved! by! the! shareholder,! then! every! 100! Shares! will! be! converted!into!one!Share.!!Based!on!the!current!number!of!Shares!on!issue!as!at!the!date!of!this!Notice,! Shares!on!issue!will!be!reduced!from!6,535,843,372 Shares!to!approximately!65,358,434!Shares!(if!the! Company!issues!no!additional!Shares!prior!to!the!proposed!consolidation).!!!

As!the!consolidation!applies!equally!to!all!shareholders,!individual!shareholdings!will!be!reduced!in!the! same!ratio!as!the!total!number!of!Shares!(subject!only!to!the!rounding!of!fractions).!!It!follows!that!the! percentage! interest! of! each! shareholder! in! the! Company! will! not! materially! change! as! a! result! of! the! proposed!consolidation.!!!

Similarly,!the!aggregate!value!of!each!shareholder’s!holding!(and!the!Company’s!market!capitalisation)! should!not!materially!change!–!other!than!minor!changes!as!a!result!of!rounding!–!as!a!result!of!the!share! consolidation!alone!(and!assuming!that!no!other!market!movements!or!impacts!occur).!!However,!the! price!per!Share!can!be!expected!to!increase!to!reflect!the!reduced!number!of!Shares!on!issue.!

Indicative'timetable'for'consolidation''

Indicativetimetableforconsolidation
Event	Date
DateofMeeting.	Wednesday,16November2016
NotificationtoASXofresultsofMeeting.	Wednesday,16November2016
LastdayfortradinginSecuritiesonapre]Consolidationbasis.	Thursday,17November2016
FirstdayoftradinginconsolidatedSecuritiesonadeferredsettlementbasis.	Friday,18November2016
RecordDate.	Monday,21November2016
Firstdaytosendnoticestosecurityholdersofthechangeinthenumberof securities they hold. First day for entity to register securities on a post] reorganisedbasis.	Tuesday,22November2016
Deferred settlement market ends. Last day for entity to send notices to securityholderofthechangeinthenumberofsecuritiestheyhold.Lastday forentitytoregistersecuritiesonapost]reorganisedbasis.	Friday,25November2016
TradingstartsonanormalT+2basis.	Monday,28November2016
Firstsettlementoftradesconductedona+deferredsettlementbasisandon anormalT+2basis.	Wednesday,30November2016

The!above!dates!are!indicative!only!and!may!be!subject!to!change!by!the!Company.!!Any!changes!to!the! above!dates!will!be!announced!to!ASX.!

Holding'Statements'

From!the!date!of!the!consolidation!all!holding!statements!for!Shares!will!cease!to!have!any!effect,!except! as! evidence! of! entitlement! to! a! certain! number! of! Shares! on! a! post]consolidation! basis.! ! After! the! consolidation!becomes!effective,!the!Company!will!arrange!for!new!holding!statements!to!be!issued!to! shareholders.!!It!is!the!responsibility!of!each!shareholder!to!check!the!number!of!Shares!held!prior!to! disposal.!!

Other'information'

Where!the!consolidation!of!a!shareholder’s!holding!results!in!a!fraction!of!a!Share,!the!fraction!will!be! rounded!up!to!the!nearest!whole!number!of!Shares.!

Other! than! as! set! out! in! this! Notice! and! information! previously! disclosed! to! the! shareholders! of! the! Company,!there!is!no!other!information!that!is!known!to!the!Board!which!may!reasonably!be!expected!to! be!material!to!the!making!of!a!decision!by!the!shareholders!whether!or!not!to!vote!in!favour!of!the!Share! consolidation.!

Resolution'5'–'Approval'of'additional'capacity'to'issue'Shares'under'ASX'Listing'Rule'7.1A''

ASX'Listing'Rule'7.1A'

In!2012,!the!ASX!introduced!ASX!Listing!Rule!7.1A!which!enables!certain!‘eligible!entities’!to!issue!equity! securities!of!up!to!10%!of!their!issued!share!capital!through!placements!over!a!12]month!period! commencing!after!the!annual!general!meeting!(Additional!Placement!Capacity).!ASX!Listing!Rules! require!that!Shareholders!approve!the!Additional!Placement!Capacity!by!special!resolution,!at!an!annual! general!meting!before!any!equity!securities!are!issued!under!the!Additional!Placement!Capacity.!

For!the!purposes!of!ASX!Listing!Rule!7.1A!an!‘eligible!entity’!is!an!entity!that!is!not!included!in!the! S&P/ASX!300!Index!and!has!a!market!capitalisation!of!$300!million!or!less.!The!Company!is!an!‘eligible! entity’.!The!Additional!Placement!Capacity!is!in!addition!to!the!Company’s!15%!placement!capacity!under! ASX!Listing!Rule!7.1.!Therefore,!if!the!Additional!Placement!Capacity!is!approved,!the!Directors!will!be! allowed!to!issue!equity!securities!of!up!to!10%!of!the!Company’s!issued!share!capital!pursuant!to!ASX! Listing!Rule!7.1A!and!up!to!15%!pursuant!to!ASX!Listing!Rule!7.1.!!If!the!Additional!Placement!Capacity!is! not!approved,!the!Directors!will!still!be!allowed!to!issue!equity!securities!of!up!to!15%!of!the!Company’s! issued!capital!pursuant!to!ASX!Listing!Rule!7.1.!!

The!Company!seeks!Shareholder!approval!by!way!of!a!special!resolution!to!have!the!ability!to!issue! equity!securities!under!the!Additional!Placement!Capacity!should!the!need!arise.!

Formula'for'calculating'10%'Placement'Facility'

Listing!Rule!7.1A.2!provides!that!eligible!entities!which!have!obtained!shareholder!approval!at!an!annual! general!meeting!may!issue!or!agree!to!issue,!during!the!12!month!period!after!the!date!of!the!annual! general!meeting,!a!number!of!equity!securities!calculated!in!accordance!with!the!following!formula:!

(A'x'D)'–'E'

• A !is!the!number!of!shares!on!issue!12!months!before!the!date!of!issue!or!agreement:!

• a) plus!the!number!of!fully!paid!shares!issued!in!the!12!months!under!an!exception!in!Listing!Rule! 7.2;!

• b) plus!the!number!of!partly!paid!shares!that!became!fully!paid!in!the!12!months;!

• c) plus!the!number!of!fully!paid!shares!issued!in!the!12!months!with!approval!of!holders!of!shares! under!Listing!Rule!7.1!and!7.4.!This!does!not!include!an!issue!of!fully!paid!shares!under!the! entity's!15%!placement!capacity!without!shareholder!approval;!

• d) less!the!number!of!fully!paid!shares!cancelled!in!the!12!months.!

• e) Note!that!A!is!has!the!same!meaning!in!Listing!Rule!7.1!when!calculating!an!entity's!15%! placement!capacity.!

D !is!10%!

E !is!the!number!of!equity!securities!issued!or!agreed!to!be!issued!under!Listing!Rule!7.1A.2!in!the!12! months!before!the!date!of!the!issue!or!agreement!to!issue!that!are!not!issued!with!the!approval!of! shareholders!under!Listing!Rule!7.1!or!7.4.!

ASX'Listing'Rule'7.3A'

In!accordance!with!ASX!Listing!Rule!7.3A!the!Company!provides!the!following!information.!

Any!securities!issued!under!the!Additional!Placement!Capacity!will!be!in!the!same!class!as!existing!quoted! securities!of!the!Company.!

The!issue!price!for!each!security!issued!under!the!Additional!Placement!Capacity!will!not!be!less!than!75%! of!the!volume!weighted!average!price!for!securities!in!that!class!over!the!15!trading!days!on!which!trades! in!that!class!were!recorded!immediately!before:!

• the!date!on!which!the!price!at!which!the!securities!are!to!be!issued!is!agreed;!or!

• if!the!securities!are!not!issued!within!5!trading!days!of!the!date!above,!the!date!on!which!the! securities!are!issued.!

The!issue!of!equity!securities!under!the!Additional!Placement!Capacity!may!result!in!voting!dilution!of! existing!ordinary!shareholders!(as!shown!in!Table!1).!There!is!also!the!risk!that:!

• the!market!price!for!equity!securities!in!that!class!may!be!significantly!lower!on!the!issue!date! than!on!the!date!of!the!Meeting;!and!

• the!equity!securities!may!be!issued!at!a!price!that!is!at!a!discount!to!the!market!price!for!those! equity!securities!on!the!issue!date.!

Equity!securities!under!the!Additional!Placement!Capacity!may!be!issued!until!the!earlier!of:!

• 1!year!from!the!date!of!the!Meeting;!and!

• the!date!of!approval!by!ordinary!shareholders!of!a!significant!change!to!the!Company’s!activities! under!ASX!Listing!Rule!11.1.2!or!the!date!of!approval!by!ordinary!shareholders!of!a!disposal!of!a! major!asset!under!ASX!Listing!Rule!11.2.!

Any!approval!of!the!Additional!Placement!Capacity!at!this!Meeting!will!cease!to!be!valid!in!the!event!that! ordinary!shareholders!approve!a!transaction!under!ASX!Listing!Rule!11.1.2!or!11.2.!

The!Company!may!issue!equity!securities!under!the!Additional!Placement!Capacity!for!the!following! purposes:!

• non]cash!consideration:!for!the!acquisition!of!new!assets!and!investments!(in!such!circumstances! the!Company!will!provide!a!valuation!of!the!non]cash!consideration!as!required!by!ASX!Listing! Rules);!or!

• cash!consideration:!to!raise!funds!for!working!capital,!to!fund!due!diligence!on!potential! acquisitions!within!the!mining!or!other!industries!and/or!to!fund!cash!consideration!for! acquisitions.!!

The!Company’s!allocation!policy!for!issues!under!the!Additional!Placement!Capacity!is!dependent!on! prevailing!market!conditions!at!the!time!of!any!proposed!issue.!

The!identity!of!the!allottees!of!the!equity!securities!will!be!determined!on!a!case]by]case!basis!having! regard!to!the!factors!including!but!not!limited!to!the!following:!

• the!methods!of!raising!funds!that!are!available!to!the!Company,!including!rights!issues!or!other! issues!in!which!existing!shareholders!may!participate;!

• the!effect!of!the!issue!of!the!equity!securities!on!the!control!of!the!Company;!

• the!financial!position!of!the!Company;!and!

• advice!from!the!Company’s!advisors.!

The!allottees!under!the!Additional!Placement!Capacity!have!not!yet!been!determined!but!allottees!may! include!existing!shareholders,!existing!substantial!shareholders!and/or!new!shareholders!who!are!not! related!parties!or!associates!of!a!related!party!of!the!Company.!

A!voting!exclusion!statement!is!included!in!this!Notice.!!In!accordance!with!ASX!Listing!Rule!14.11.1!and! the!relevant!Note!under!that!rule!concerning!Rule!7.1A,!as!at!the!date!of!this!Notice!of!Meeting!it!is!not! known!who!may!participate!in!the!proposed!issue!(if!any).!On!that!basis,!no!security!holders!are!currently! excluded.!!

Table!1!below!shows!the!dilution!of!Shareholders!on!the!basis!of!the!current!market!price!of!Shares!and! the!current!number!of!ordinary!securities!for!variable!"A"!calculated!in!accordance!with!the!formula!in! Listing!Rule!7.1A(2).!

The!table!also!shows:!

• I. two!examples!where!variable!“A”!has!increased,!by!50%!and!100%.!Variable!“A”!is!based!on!the! number!of!ordinary!securities!the!Company!has!on!issue.!The!number!of!ordinary!securities!on! issue!may!increase!as!a!result!of!issues!of!ordinary!securities!that!do!not!require!Shareholder! approval!(for!example,!a!pro!rata!entitlements!issue!or!scrip!issued!under!a!takeover!offer)!or! future!specific!placements!under!Listing!Rule!7.1!that!are!approved!at!a!future!Shareholders’! meeting;!and!

• II. two!examples!of!where!the!issue!price!of!ordinary!securities!has!decreased!by!50%!and!increased! by!100%!as!against!the!current!market!price.!

Table'1'

Table1
Variable‘A’inListingRule 7.1A.2		Dilution
		$0.0005 50%decreaseisIssuePrice	$0.001 IssuePrice	$0.002 100%increaseinIssuePrice
VariableAE 6,535,843,372 Shares	10%VotingDilution	653,584,337 Shares	653,584,337 Shares	653,584,337 Shares
	FundsRaised	$326,792	$653,584	$1,307,169
50%increaseinVariableAE 9,803,765,058 Shares	10%VotingDilution	980,376,506 Shares	980,376,506 Shares	980,376,506 Shares
	FundsRaised	$490,188	$980,377	$1,960,753
100%increaseinVariableA 13,071,686,744 Shares	10%VotingDilution	1,307,168,674 Shares	1,307,168,674 Shares	1,307,168,674 Shares
	FundsRaised	$653,584	$1,307,169	$2,614,337

Table!1!has!been!prepared!based!on!the!following!assumptions:!

• Variable!A!is!based!on!the!number!of!Shares!on!issue!at!5!October!2016.!

• The!Company!issues!the!maximum!number!of!equity!securities!available!under!the!Additional! Placement!Capacity.!

• The!10%!voting!dilution!reflects!the!aggregate!percentage!dilution!against!the!issued!share! capital!at!the!time!of!issue.!

• The!table!shows!only!the!issue!of!equity!securities!under!the!Additional!Placement!Capacity!and! not!under!ASX!Listing!Rule!7.1.!

• The!issue!of!equity!securities!under!the!additional!placement!capacity!includes!only!shares.!

• The!issue!price!of!$0.001!was!the!closing!price!of!Shares!as!traded!on!ASX!as!at!5!October!2016.!! This!price!may!fluctuate!between!the!time!of!preparing!this!Notice!and!the!date!of!the!Meeting.!

As!at!the!date!of!this!Notice,!in!the!12!months!preceding!the!date!of!the!Meeting,!the!Company!has!issued! 1,208,038,540!Equity!Securities!representing!21.48%!of!Equity!Securities!on!issue!12!months!prior!to!the! proposed!date!of!the!Meeting.!!

The!information!below!is!provided!in!accordance!with!ASX!Listing!Rule!7.3A.6!(b)!and!details!Equity! Securities!issued!by!the!Company!in!the!12!months!prior!to!the!Meeting.!!

Table!2!below,!details!Shares!(and!total!Equity!Securities)!issued!by!the!Company!in!the!12!months!prior! to!the!proposed!date!of!the!Meeting.!As!at!the!date!of!the!Notice,!the!Company!has!raised!approximately! $822,165!from!the!issue!of!Shares!in!the!12!months!prior!to!the!date!of!the!Meeting.!All!of!the!funds! raised!have!been!used!for!working!capital!purposes!and!for!the!development!and!commercialisation!of! the!Company’s!cloud!migration!conversion!solution!(MU2).!

Table'2

Table2
Dateof ShareIssue	No. Ordinary Shares	Issue Priceper Share($)	Closing Price*	Discount#	Issuedto/basisofissue	Cash/NonE Cash	FundsRaised
7/12/2015	21,428,000	$0.001	0.001	Nil	Issueduponexerciseof Options	Cash	$21,428
30/12/2015	168,750,000	$0.0008	0.001	20%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$135,000
13/01/2016	87,500,000	$0.0008	0.001	40%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$70,000
4/04/2016	96,613,200	$0.0005	0.001	50%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$48,307
4/04/2016	123,591,090	$0.00075	0.001	25%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$92,693
26/05/2016	311,521,725	$0.0005	0.001	50%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$155,761
26/05/2016	398,634,525	$0.00075	0.001	25%	Privateplacementtoclients ofRaptorGlobal Corporation.	Cash	$298,976

• *!!Closing!Price:!Closing!price!of!Shares!as!traded!on!ASX!on!Date!of!Issue.!

• !Discount:!%!Discount!of!Issue!Price!to!Closing!Price.!!

Justyn!Stedwell! Company&Secretary On!behalf!of!the!Board!of!Directors! Motopia!Limited!

GLOSSARY'

In!the!Notice!of!Meeting!and!Explanatory!Statement!the!following!terms!have!the!following!meanings:!

AEDT !means!Australian!Eastern!Daylight!Saving!Time.!

ASIC !means!the!Australian!Securities!and!Investments!Commission.!

ASX !means!ASX!Limited.!

ASX'Listing'Rules !means!the!listing!rules!of!ASX.!

AWST' means!Australian!Western!Standard!Time.

Board !means!the!board!of!directors!of!the!Company.!

Company'or'Motopia' means!Motopia!Limited!ABN!67!099!084!143.!

Constitution !means!the!constitution!of!the!Company.!

Corporations'Act !means!Corporations!Act!2001!(Cth).!

Director !means!a!current!director!of!the!Company.!

Equity'Security !means!a!Share!or!any!security!convertible!into!a!Share!including!Convertible!Notes!and! Options.!

Explanatory'Statement !means!the!explanatory!statement!to!this!notice!of!general!meeting.!

Meeting !means!the!2016!Annual!General!Meeting!of!the!Shareholders!of!the!Company!to!be!held!on!16! November!2016,!to!which!the!Notice!of!Meeting!and!Explanatory!Statement!relate.

Notice' or 'Notice'of'Meeting !means!this!notice!of!Annual!General!Meeting!of!the!Company!dated!13! October!2016.

Resolution !means!a!resolution!referred!to!in!the!Notice.!

Share !means!a!fully!paid!ordinary!share!in!the!capital!of!the!Company.!

Shareholder' means!a!holder!of!Shares.!

Words!importing!the!singular!include!the!plural!and!vice!versa.!

All!references!to!currency!are!in!Australian!dollars!

!

MOTOPIA!LIMITED!+!PROXY!FORM!FOR!2016!ANNUAL!GENERAL!MEETING!

I/We! ______________!

of! ______________!

am/are!a!member!of!Motopia!Limited!(ACN!099!084!143)!and!I/we!appoint!as!my/our!proxy:!

___________!

of! _______________!

Or!failing!the!individual!or!body!corporate!named,!or!if!no!individual!or!body!corporate!is!named,!the!Chairman!of!the!Meeting!of!the!Company,!to! be!held!at!The!Country!Women’s!Association!of!Western!Australia,!1176!Hay!Street,!West!Perth,!WA,!6005,!on!Wednesday,!16!November!2016!at! 10:00!AM!AWST!to!vote!for!me/us!at!the!meeting!and!at!any!adjournment!of!it.!!If!2!proxies!are!being!appointed!the!proportion!of!voting!rights!this! proxy!is!authorised!to!exercise!is!…………...%.!(The!Company!will!supply!an!additional!form!on!request).!If!the!Chair!of!the!Meeting!is!appointed!as! your!proxy,!or!may!be!appointed!by!default,!and!you!do!not!wish!to!direct!your!proxy!how!to!vote!as!your!proxy!in!respect!of!Resolutions!1!to!5! please!place!a!mark!in!this!box:!!

Where!permitted,!the!Chairman!intends!to!vote!all!undirected!proxies!in!favour!of!each!resolutions.!!By!ticking!the!above!box,!I/we!expressly! authorise!the!Chairman!of!the!Meeting!to!vote!in!accordance!with!the!Chairman's!voting!intentions!on!Resolutions!1!to!5!(except!where!I/we!have! indicated!a!different!voting!intention!below)!and!acknowledge!that!the!Chairman!of!the!Meeting!may!exercise!my!proxy!even!though!Resolution!1! is!connected!directly!with!the!remuneration!of!members!of!key!management!personnel!and/or!even!if!the!Chairman!of!the!Meeting!has!an!interest! in!the!outcome!of!these!items!and!that!votes!cast!by!the!Chairman,!other!than!as!proxy!holder,!would!be!disregarded!because!of!that!interest.!!If! you!do!not!mark!this!box,!and!you!have!not!directed!your!proxy!how!to!vote,!the!Chair!will!not!cast!your!votes!on!Resolution!1!and!your!votes!will! not!be!counted!in!calculating!the!required!majority!if!a!poll!is!called!on!Resolution!1.!!!Alternatively, you!can!complete!the!table!below:!

	RESOLUTIONS(TICKINTHEBOX)	For	Against	Abstain
Resolution1	AdoptionofRemunerationReport
Resolution2	ReFElectionofStephenDaleasaDirector
Resolution3	ApprovepreviousissueofShares
Resolution4	ConsolidationofCapital
Resolution5	ApprovalofadditionalcapacitytoissuesharesunderASXListingRule7.1A

Signature!of!Member(s):!.................................................................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Date:..............................................!

IndividualorMember1		Member2		Member3
SoleDirector/CompanySecretary Director Director/CompanySecretary ContactName:.........................................................................................ContactPh(daytime):...................................................

PROXY!INSTRUCTIONS :!A!member!entitled!to!attend!and!vote!at!a!meeting!is!entitled!to!appoint!not!more!than!2!proxies.!!Where!more!than!1!proxy!is!appointed,! each!proxy!may!be!appointed!to!represent!a!specific!portion!of!the!member’s!voting!rights.!A!proxy!need!not!be!a!member!of!the!Company.!A!proxy!form!must!be! signed!by!the!member!or!his!or!her!attorney.!Proxies!given!by!corporations!must!either!be!signed!under!the!hand!of!a!duly!authorised!officer!or!attorney.!!To!be!valid,! the!form!appointing!the!proxy!and!the!Power!of!Attorney!or!other!authority!(if!any)!under!which!it!is!signed!(or!a!certified!copy)!must!be!lodged!with!the!Company!in! person!at!its!registered!office!at!Suite!3,!35!Toorak!Road,!South!Yarra,!VIC!3141!or! by!post!to!Motopia!Limited!PO!Box!804!South!Yarra!VIC!3141 !or! by!facsimile!on!+!61!(0)!3!8678!1747 by!not!later!than!1:00!pm!AEDT!(10:00!am!AWST)!on!14!November!2016.