TEST SECURITY — Capital/Financing Update 2021

Jun 4, 2021

Application for quotation of +securities

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

Announcement Summary

Entity name

TEST SECURITY

Announcement Type

New announcement

Date of this announcement

Saturday June 05, 2021

The +securities to be quoted are:

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

Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
New class - code	PVT test for Conv debt	5,000	31/05/2021
to be confirmed

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 8

Application for quotation of +securities

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

Part 1 - Entity and announcement details

1.1 Name of entity

TEST SECURITY

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

other

Registration number 123465461234

1.3 ASX issuer code

TES

1.4 The announcement is

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

New announcement

1.5 Date of this announcement

5/6/2021

Application for quotation of +securities

2 / 8

Application for quotation of +securities

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

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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

Other

2.2 The +securities to be quoted are:

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

New +securities in a class that is not yet quoted on ASX ("new class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

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

Yes

2.3c.1 Date of +disclosure document or +PDS?

3/6/2021

• 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

test info

Application for quotation of +securities

3 / 8

Application for quotation of +securities

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

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

New +securities
ASX +security code New class - code to be confirmed	+Security description PVT test for Conv debt
+Security type	ISIN code
+Convertible debt securities

Issue date 31/5/2021

Will all the +securities issued in this class rank equally in all respects from the 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

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000	123	20.50 %
1,001 - 5,000	123	70.50 %
5,001 - 10,000	123	5.50 %
10,001 - 100,000	123	3.00 %
100,001 and over	123	1.50 %

Application for quotation of +securities

4 / 8

Application for quotation of +securities

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

Details of +convertible debt securities

These +securities are	Type of +security	Type of +security
Converting	Convertible note or bond
+Security currency	Face value	Interest rate type
AUD - Australian Dollar	AUD 1,000.00000000	Fixed rate
Frequency of coupon/interest payments per year		First interest payment date
Monthly		31/7/2021
Interest rate per annum	Is the interest rate per annum estimated at this time?
1.25 %		Yes
If the interest rate per annum is estimated, then what is the date for this information to be announced to the market
(if known)
6/7/2021

s128F of the Income Tax Assessment Act status applicable to the +security
s128F exempt
Is the +security perpetual (i.e. no maturity date)?	Maturity date
No	30/6/2024
Select other feature(s) applicable to the +security
Extendable
Secured
Is there a first trigger date on which a right of conversion, redemption, call
or put can be exercised (whichever is first)?
No

Details of the type of +security that will be issued if the securities to be quoted are converted, transformed or exchanged

TES : TEST ORDINARY SECURITY

Number of +securities that will be issued if the +securities for which you are seeking quotation to be quoted are converted, transformed or exchanged (number per each (1) +security for which you are seeking quotation) 100 TES

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities to be quoted or provide the information by separate announcement.

Test URL

Application for quotation of +securities

5 / 8

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted 5,000 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 1.55000000 Any other information the entity wishes to provide about the +securities to be quoted other info The purpose(s) for which the entity is issuing the securities To pay for the acquisition of an asset Please provide additional details test asset

Application for quotation of +securities

6 / 8

Application for quotation of +securities

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

Part 4 - Issued capital following quotation

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
TES : TEST ORDINARY SECURITY	1,000,000
TESPA : TEST PREFERENCE SECURITY	1,000,000
TESHA : TEST INTEREST RATE SECURITY	5,000,000
TESO : TEST OPTION SECURITY	50,000
TESN : TEST CHESS DEPOSITARY INTERESTS 1:1	10,000
New class - code to be confirmed : PVT test for Conv debt	5,000

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
TESAI : TEST UNQUOTED OPTION	250,000
TESAA : TEST ORDINARY FULLY PAID	1,000

Application for quotation of +securities

7 / 8

Application for quotation of +securities

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

Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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

2

Application for quotation of +securities

8 / 8