Telix Pharmaceuticals Ltd — Capital/Financing Update 2022

Feb 27, 2022

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

TELIX PHARMACEUTICALS LIMITED

Announcement Type

New announcement

Date of this announcement

Monday February 28, 2022

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
TLX	ORDINARY FULLY PAID	1,272,882	28/02/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

TELIX PHARMACEUTICALS LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number 616620369

1.3 ASX issuer code

TLX

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

28/2/2022

Application for quotation of +securities

2 / 7

Application for quotation of +securities

Part 2 - Type of Issue

==> picture [21 x 22] intentionally omitted <==

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

==> picture [8 x 8] intentionally omitted <==

Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

3 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description TLXAE : OPTION EXPIRING 11-JUN-2022 EX 85C

TO (Existing Class) ASX +security code and description

TLX : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 28/2/2022 28/2/2022 1,100,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

28/2/2022

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

Application for quotation of +securities

4 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities to be quoted 962,162

Are the +securities being issued for a cash consideration? Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.85000000

Any other information the entity wishes to provide about the +securities to be quoted

200,000 options with an exercise price of $0.85 each and an expiry date of 11 June 2022 (TLXO002) exercised for total consideration paid of $170,000 for the issue of 200,000 shares.

900,000 options with an exercise price of $0.85 each and an expiry date of 11 June 2022 (TLXO002) exercised via terms of cashless exercise provision for the issue of 762,162 shares.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description

TLXAG : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

TO (Existing Class) ASX +security code and description

TLX : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 28/2/2022 28/2/2022 350,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

==> picture [9 x 8] intentionally omitted <==

An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Application for quotation of +securities

5 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

==> picture [9 x 7] intentionally omitted <==

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date 28/2/2022

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

Issue details

Number of +securities to be quoted 310,720 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 1.09000000 Any other information the entity wishes to provide about the +securities to be quoted

150,000 options with an exercise price of $1.09 each and an expiry date of 24 January 2023 (TLXO004) exercised for total consideration paid of $163,500 for the issue of 150,000 shares.

200,000 options with an exercise price of $1.09 each and an expiry date of 24 January 2023 (TLXO004) exercised via terms of cashless exercise provision for the issue of 160,720 shares.

Application for quotation of +securities

6 / 7

Application for quotation of +securities

Part 4 - Issued capital following quotation

==> picture [21 x 22] intentionally omitted <==

Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
TLX : ORDINARY FULLY PAID	309,473,063

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
TLXAJ : OPTION EXPIRING 30-JUN-2024 EX $1.83	1,300,000
TLXAI : OPTION EXPIRING 12-JAN-2024 EX $2.23	3,300,000
TLXAE : OPTION EXPIRING 11-JUN-2022 EX 85C	1,050,400
TLXAF : WARRANT EXPIRING VARIOUS DATES EX VARIOUS PRICES	780,923
TLXAG : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	5,195,000
TLXAH : OPTION EXPIRING 03-NOV-2023 EX $2.30	1,310,000
TLXAM : OPTION EXPIRING 20-JUL-2026 EX $5.37	1,017,992
TLXAN : SHARE RIGHTS EXPIRING 20-JUL-2026 EX NIL	225,000
TLXAL : OPTION EXPIRING 27-JAN-2026 EX $4.38	1,900,058

Application for quotation of +securities

7 / 7