TIVAN LIMITED — Share Issue/Capital Change 2025

Feb 5, 2025

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

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

Announcement Summary

Entity name

TIVAN LIMITED

Date of this announcement

Thursday February 06, 2025

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	Class A Performance Rights	5,000,000	05/02/2025
to be confirmed
New class - code	Class B Performance Rights	8,500,006	05/02/2025
to be confirmed
New class - code	Class C Performance Rights	8,499,997	05/02/2025
to be confirmed
New class - code	Class D Performance Rights	8,499,997	05/02/2025
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

1 / 10

Appendix 3G - 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

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

6/2/2025

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

2 / 10

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

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

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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")

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

3 / 10

Appendix 3G - 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)

New +securities issued under an +employee incentive scheme

==> picture [495 x 287] intentionally omitted <==

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

ASX +security code +Security description
New class - code to be confirmed Class A Performance Rights
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
5/2/2025
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?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder Number of +securities
Grant Wilson GFWMES PTY LTD ATF GFWMES 4,500,000
TRUST
Grant Wilson GFW & MES Pty Ltd ATF GFW & 500,000
MES Super Fund
----- End of picture text -----

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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

Issue details

Number of +securities

5,000,000

New +securities issued under an +employee incentive scheme

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

4 / 10

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

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

ASX +security code New class - code to be confirmed	+Security description Class B Performance Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

5/2/2025

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Anthony Robinson	Anthony James Robinson ATF Peeko Family Trust No.86	1,000,000
Christine Charles	Christine Charles	1,000,000
Guy Debelle	Guy Lawrence Geoffrey Debelle	1,000,000
Jason Giltay	Felicity Nicole Giltay	1,000,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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

Issue details

Number of +securities

8,500,006

New +securities issued under an +employee incentive scheme

ASX +security code +Security description

New class - code to be confirmed Class C Performance Rights

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

5 / 10

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

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

+Security type ISIN code Other

Date the +securities the subject of this notification were issued

5/2/2025

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Anthony Robinson	Anthony James Robinson ATF Peeko Family Trust No.86	1,000,000
Christine Charles	Christine Charles	1,000,000
Guy Debelle	Guy Lawrence Geoffrey Debelle	1,000,000
Jason Giltay	Felicity Nicole Giltay	1,000,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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

Issue details

Number of +securities

8,499,997

New +securities issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description Class D Performance Rights
+Security type	ISIN code
Other

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

6 / 10

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

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

Date the +securities the subject of this notification were issued

5/2/2025

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Anthony Robinson	Anthony James Robinson ATF Peeko Family Trust No.86	1,000,000
Christine Charles	Christine Charles	1,000,000
Guy Debelle	Guy Lawrence Geoffrey Debelle	1,000,000
Jason Giltay	Felicity Nicole Giltay	1,000,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02872695-6A1233903

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

Issue details

Number of +securities

8,499,997

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

7 / 10

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

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

==> picture [540 x 710] intentionally omitted <==

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

8 / 10

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

Part 4 - +Securities on issue

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

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	1,921,984,630
TVNOA : OPTION EXPIRING 30-JUN-2027	113,565,835
TVNO : OPTION EXPIRING 30-JUN-2026	76,610,552
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	985,302
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
New class - code to be confirmed : Class A Performance Rights	5,000,000
New class - code to be confirmed : Class B Performance Rights	8,500,006
New class - code to be confirmed : Class C Performance Rights	8,499,997
New class - code to be confirmed : Class D Performance Rights	8,499,997

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

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

9 / 10

Appendix 3G - 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

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

10 / 10