Telix Pharmaceuticals Ltd — Share Issue/Capital Change 2021

Jul 21, 2021

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

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

Announcement Summary

Entity name

TELIX PHARMACEUTICALS LIMITED

Date of this announcement

Wednesday July 21, 2021

The +securities the subject of this notification are:

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

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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 exercise price of $5.37 each and	1,292,992	21/07/2021
to be confirmed	an expiry date of 20 July 2026 (TLXO010)

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity 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) give notice of the issue, conversion or payment up of the following unquoted +securities.

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

21/7/2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 7

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

Part 2 - Issue details

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

2.1 The +securities the subject of this notification are:

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

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 7

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

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

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

==> picture [495 x 459] intentionally omitted <==

----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed Options with an exercise price of $5.37 each
and an expiry date of 20 July 2026
(TLXO010)
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
21/7/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Grant date: 21 July 2021
Expiry date: 20 July 2026
Term: 5 years
Exercise price: $5.37 (being the 10-day VWAP of TLX shares as at date of grant)
Vesting: Subject to other conditions being met Options will vest and become exercisable upon achievement of $100M in
cumulative revenue from product sales.
Upon vesting and exercise one (1) TLX share will be allocated for each one (1) Option exercised.
Number: 1,292,992
Basis: Options are issued in line with the Company¿s Equity Incentive Plan and longterm incentive policy for key
employees and new hires.
Code: TLXO010
----- End of picture text -----

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 5.37000000 20/7/2026 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 7

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

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

Description

Fully paid ordinary Telix shares (TLX)

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

Equity Incentive Plan approved at AGM held 12 May 2021. Notice of Meeting with summary of terms located here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02362360-3A565079?acc ess_token=83ff96335c2d45a094df02a206a39ff4

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

Issue details

Number of +securities

1,292,992

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 7

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

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

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
TLX : ORDINARY FULLY PAID	281,623,408
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	1,350,000
TLXAD : OPTION EXPIRING 14-OCT-2021 EX 85C	3,349,500
TLXAI : OPTION EXPIRING 12-JAN-2024 EX $2.23	3,630,000
TLXAE : OPTION EXPIRING 11-JUN-2022 EX 85C	2,250,400
TLXAF : WARRANT EXPIRING VARIOUS DATES EX VARIOUS PRICES	780,923
TLXAG : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	6,245,000
TLXAK : RIGHTS	425,000
TLXAH : OPTION EXPIRING 03-NOV-2023 EX $2.30	1,710,000
TLXAL : OPTION EXPIRING 27-JAN-2026 EX $4.38	2,226,856
New class - code to be confirmed : Options with an exercise price of $5.37 each and an	1,292,992
expiry date of 20 July 2026 (TLXO010)

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 7

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

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

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

13

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 7