SPRINTEX LIMITED — Capital/Financing Update 2022

Jul 27, 2022

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

SPRINTEX LIMITED

Date of this announcement

Thursday July 28, 2022

The +securities the subject of this notification are: Other

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 Options with an expiry date of 27 July 2023 and 1,000,000 28/07/2022 to be confirmed exercise price of $0.10

Refer to next page for full details of the announcement

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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

SPRINTEX 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

ABN

Registration number

38106337599

1.3 ASX issuer code

SIX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

28/7/2022

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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Other

Please specify

1 for 2 options attaching to a placement

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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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) where issue has not previously been notified to ASX in an Appendix 3B

New +securities ASX +security code +Security description New class - code to be confirmed Options with an expiry date of 27 July 2023 and exercise price of $0.10 +Security type ISIN code Options Date the +securities the subject of this notification were issued 28/7/2022 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? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asxpdf/20211111/pdf/452w6yn0d7c7tk.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.10000000 27/7/2023 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description SIX fully paid ordinary shares Any other information the entity wishes to provide about the +securities the subject of this notification

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

See Appendix 3B of 2 November 2021

Issue details

Number of +securities 1,000,000 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 0.15000000 Purpose of the issue To raise additional working capital

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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 application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
SIX : ORDINARY FULLY PAID	252,354,327
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
SIXAS : OPTION EXPIRING 13-DEC-2022 EX $0.10	486,670
SIXAW : OPTION EXPIRING 22-JUN-2023 EX $0.10	1,166,667
SIXAT : PERFORMANCE RIGHTS	20,520,000
SIXAU : OPTION EXPIRING 12-APR-2023 EX $0.10	16,204,839
SIXAP : OPTION EXPIRING 12-APR-2024 EX $0.086	5,000,000
SIXAR : OPTION EXPIRING 19-MAY-2024 EX $0.086	3,000,000
SIXAQ : OPTION EXPIRING 19-MAY-2024 EX $0.015	2,000,000
SIXAV : OPTION EXPIRING 18-MAY-2023 EX $0.10	1,333,333
New class - code to be confirmed : Options with an expiry date of 27 July 2023 and exercise	1,000,000
price of $0.10

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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

1000000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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