STRIKE ENERGY LIMITED — Share Issue/Capital Change 2021

Dec 1, 2021

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

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Announcement Summary

Entity name

STRIKE ENERGY LIMITED

Date of this announcement

Thursday December 02, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
STXAI	PERFORMANCE RIGHTS	4,028,081	03/12/2021

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

STRIKE ENERGY 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

59078012745

1.3 ASX issuer code

STX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

2/12/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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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has an existing ASX security code ("existing class")

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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

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

STXAI : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

3/12/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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.

Name of KMP	Name of registered holder	Number of +securities
Crispin Collier	Crispin Collier	615,541
Kevin Craig	Kevin Craig	562,631
Justin Ferravant	Justmi Pty Ltd	644,420
Lucy Gauvin	Angry Wolf Pty Ltd	425,802
Stuart Nicholls	The Nicholls Family Trust	1,779,687

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://www.asx.com.au/asxpdf/20211015/pdf/451pryncj1skwd.pdf

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

Performance rights issued under the long term incentive plan to be tested against total shareholder returns vesting metrics on 1 July 2024 with expiry date of 30 September 2024

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

Issue details

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Number of +securities

4,028,081

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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
STX : ORDINARY FULLY PAID	2,025,105,045
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
STXAW : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	27,500,000
STXAI : PERFORMANCE RIGHTS	20,181,276
STXAX : OPTION EXPIRING 31-JUL-2022 EX 23C	3,000,000
STXAY : OPTION EXPIRING 31-JUL-2022 EX $0.35	6,000,000
STXAZ : OPTION EXPIRING 13-MAY-2023 EX $0.29	35,000,000
STXAA : CLASS A PERFORMANCE SHARES	6
STXAB : CLASS B PERFORMANCE SHARES	6

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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