SYNTARA LIMITED — Share Issue/Capital Change 2026

May 13, 2026

Appendix 3B - Proposed issue of securities

Update Summary

Entity name
SYNTARA LIMITED

Announcement Type
Update to previous announcement

Date of this announcement
14/5/2026

Reason for update to a previous announcement
Update to timetable

Refer to next page for full details of the announcement

Appendix 3B - Proposed issue of securities
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Appendix 3B - Proposed issue of securities

Part 1 - Entity and announcement details

1.1 Name of +Entity

SYNTARA LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

Registration Number

ABN

75082811630

1.3 ASX issuer code

SNT

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Update to timetable

1.4b Date of previous announcement to this update

29/4/2026

1.5 Date of this announcement

14/5/2026

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis?
No

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Appendix 3B - Proposed issue of securities

Part 4B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

SNT : ORDINARY FULLY PAID

Will the proposed issue of this
+security include an offer of
attaching +securities?
No

Details of +securities proposed to be issued

ASX +security code and description

SNT : ORDINARY FULLY PAID

Maximum total number of those +securities that could be issued
if all offers under the +securities purchase plan are accepted
74,074,074

Will the offer be conditional on applications for a minimum
number of +securities being received or a minimum amount
being raised (i.e. a minimum subscription condition)?
No

Will the offer be conditional on applications for a maximum
number of +securities being received or a maximum amount
being raised (i.e. a maximum subscription condition)?
No

Will individual security holders be required to accept the offer for
a minimum number or value of +securities (i.e. a minimum
acceptance condition)?
Yes

Is the minimum acceptance unit based or dollar based?
Dollar based ($)

Please enter the minimum acceptance value
$ 1,000

Will individual security holders be limited to accepting the offer
for a maximum number or value of +securities (i.e. a maximum
acceptance condition)?
Yes

Is the maximum acceptance unit based or dollar based?
Dollar based ($)

Please enter the maximum acceptance value
$ 30,000

Describe all the applicable parcels available for this offer in number of securities or dollar value
Applications can be made in increments of $1,000

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

Offer price details

Has the offer price been determined?
Yes

In what currency will the offer be made?
What is the offer price per +security?
AUD - Australian Dollar
AUD 0.02700

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed?
Yes

Describe the scale back arrangements
In the event of oversubscriptions the Company may, in its absolute discretion, scale-back applications or issue a higher amount

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

Part 4C - Timetable

4C.1 Date of announcement of +security purchase plan
29/4/2026

4C.2 +Record date
28/4/2026

4C.3 Date on which offer documents will be made available to investors
14/5/2026

4C.4 Offer open date
14/5/2026

4C.5 Offer closing date
5/6/2026

4C.7 +Issue date and last day for entity to announce results of +security purchase plan offer
11/6/2026

Part 4D - Listing Rule requirements

4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5 or do you have a waiver from those requirements?
Yes

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

Part 4E - Fees and expenses

4E.1 Will there be a lead manager or broker to the proposed offer?
No

4E.2 Is the proposed offer to be underwritten?
No

4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission?
No

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

Part 4F - Further Information

4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue
To provide cash runway to reach trial readouts and advance MF licensing discussions, Phase 2b MF study preparation, strengthening the Company's patent suite and capital raising costs.

4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful?
No

4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer
Any countries other than Australia and New Zealand

4F.3 URL on the entity's website where investors can download information about the proposed offer
https://syntaratx.com.au/investors/asx-announcements/

4F.4 Any other information the entity wishes to provide about the proposed offer

Appendix 3B - Proposed issue of securities