TIVAN LIMITED — Capital/Financing Update 2024

Jul 18, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

TIVAN LIMITED

Date of this announcement

Friday July 19, 2024

The +securities the subject of this notification are: Other

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 Convertible notes expiring 25/12/25 650,000 19/07/2024 to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

TIVAN 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 Registration number ABN 12000817023

1.3 ASX issuer code

TVN

1.4 The announcement is

New announcement

1.5 Date of this announcement

19/7/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Issue of additional tranche of convertible notes to SBC Global Investment Fund.

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

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

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities

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ASX +security code +Security description
New class - code to be confirmed Convertible notes expiring 25/12/25
+Security type ISIN code
+Convertible debt securities
Date the +securities the subject of this notification were issued
19/7/2024
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
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.
See Prospectus lodged on ASX on 9 July 2024, refer also www.tivan.com.au
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+Convertible debt securities Details

Type of +security Convertible note or bond +Security currency Face value Interest rate type AUD - Australian Dollar AUD 1.00000000 Zero coupon/no interest Frequency of coupon/interest payments per year No coupon/interest payments s128F of the Income Tax Assessment Act status applicable to the +security s128F exemption status unknown Is the +security perpetual (i.e. no maturity)? Maturity date No 25/12/2025 Select other feature(s) applicable to the +security Secured Cumulative Redeemable 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 existing class of +security that will be issued if the securities are converted, transformed or exchanged TVN : ORDINARY FULLY PAID

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

This tranche of convertible notes is made under the existing convertible securities agreement with SBC Global Investment Fund that was announced on 22 March 2024. This second tranche issue has a face value of A$650,000 with a funding value of A$551,515. See, for further details, the Prospectus lodged on 9 July 2024.

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

N/A

Issue details

Number of +securities

650,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.84848000 Purpose of the issue

To raise additional working capital

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TVN : ORDINARY FULLY PAID	1,722,907,582
TVNO : OPTION EXPIRING 30-JUN-2026	76,611,336
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
TVNAD : OPTION EXPIRING 30-JUN-2026 EX $0.30	10,000,000
TVNAE : OPTION EXPIRING 30-JUN-2028 EX $0.50	10,000,000
TVNAF : OPTION EXPIRING 30-JUN-2027 EX $0.40	10,000,000
TVNAJ : CONVERTIBLE NOTES	2,711,766
TVNAK : OPTION EXPIRING 31-DEC-2027 EX $0.10	28,000,000
TVNAG : OPTION EXPIRING 30-JUN-2026 EX $0.30	6,333,331
TVNAH : OPTION EXPIRING 30-JUN-2027 EX $0.40	6,333,331
TVNAI : OPTION EXPIRING 30-JUN-2028 EX $0.50	6,333,331
TVNAV : OPTION EXPIRING 30-JUN-2027 EX $0.12	34,615,390
TVNAU : OPTION EXPIRING 20-DEC-2024 EX $0.18	17,354,824
New class - code to be confirmed : Convertible notes expiring 25/12/25	650,000

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 6500000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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