TYRO PAYMENTS LIMITED — Capital/Financing Update 2021

Jun 10, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

TYRO PAYMENTS LIMITED

Announcement Type

New announcement

Date of this announcement

Friday June 11, 2021

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
TYR	ORDINARY FULLY PAID	158,917	02/06/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

TYRO PAYMENTS 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

ABN

Registration number 49103575042

1.3 ASX issuer code

TYR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

11/6/2021

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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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:

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

Application for quotation of +securities

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Application for quotation of +securities

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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 TYRAG : OPTION EXPIRING 30-DEC-2024 EX NIL

TO (Existing Class)
ASX +security code and description
TYR : 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		27/5/2021
23,329
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

2/6/2021

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

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted

23,329

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The consideration provided and a condition for vesting of these options is continued employment with Tyro.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 3.650000

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

Although an estimate has been provided it must be noted that the consideration provided for the issuance of the nil exercise options previously issued under Tyro's employee incentive scheme is continued employment with Tyro.

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

FROM (Existing Class) ASX +security code and description

TYRAC : OPTION EXPIRING 31-AUG-2025 EX NIL

TO (Existing Class) ASX +security code and description

TYR : 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 21/6/2021 4,480

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?

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Application for quotation of +securities

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Application for quotation of +securities

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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 2/6/2021 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 4,480 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities The consideration provided and a condition for vesting of these options is continued employment with Tyro. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 3.650000 Any other information the entity wishes to provide about the +securities to be quoted Although an estimate has been provided it must be noted that the consideration provided for the issuance of the nil exercise options previously issued under Tyro's employee incentive scheme is continued employment with Tyro. Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description TYRAA : PERFORMANCE RIGHTS

Application for quotation of +securities

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Application for quotation of +securities

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TO (Existing Class) ASX +security code and description

TYR : 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 27/5/2021 21,357

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:

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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?

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Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

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No

Issue date

2/6/2021

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

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Yes

Application for quotation of +securities

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted

21,357

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The consideration provided and a condition for vesting of these FY20 STI Service Rights is continued employment with Tyro.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 3.650000

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

Although an estimate has been provided it must be noted that the consideration provided for the issuance of the `FY20 STI Service Rights¿ previously issued under Tyro¿s employee incentive scheme is continued employment with Tyro.

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

FROM (Existing Class) ASX +security code and description

TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

TO (Existing Class) ASX +security code and description TYR : 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 24/5/2021 33,673

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?

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Application for quotation of +securities

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Application for quotation of +securities

Yes

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	Are any of the options being exercised or other +convertible securities being converted held by +key management	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
	2/6/2021
	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
	33,673
	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 0.45000000
	Any other information the entity wishes to provide about the +securities to be quoted N/A
	Existing +securities converting into additional +securities in an existing class
	FROM (Existing Class)
	ASX +security code and description
	TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
	TO (Existing Class)
	ASX +security code and description
	TYR : ORDINARY FULLY PAID

Application for quotation of +securities

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Application for quotation of +securities

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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		25/5/2021
62,678

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:

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An issue of new +securities

The underlying securities being received by the holder are:

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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

2/6/2021

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

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted 62,678 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 0.60000000 Any other information the entity wishes to provide about the +securities to be quoted N/A Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES TO (Existing Class) ASX +security code and description TYR : 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 28/5/2021 13,300 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

Application for quotation of +securities

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Application for quotation of +securities

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Issue date
2/6/2021
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
13,300
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 1.49000000
Any other information the entity wishes to provide about		the +securities to be quoted
N/A
Existing +securities converting into additional +securities in an existing class
FROM (Existing Class)
ASX +security code and description
TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
TO (Existing Class)
ASX +security code and description
TYR : 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			26/5/2021
100

Application for quotation of +securities

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Application for quotation of +securities

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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:

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An issue of new +securities

The underlying securities being received by the holder are:

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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?

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Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

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No

Issue date

2/6/2021

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

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Yes

Issue details

Number of +securities to be quoted

100

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security?

AUD - Australian Dollar AUD 1.76000000

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

N/A

Application for quotation of +securities

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Application for quotation of +securities

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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
TYR : ORDINARY FULLY PAID	511,342,443

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
TYRAG : OPTION EXPIRING 30-DEC-2024 EX NIL	1,767,095
TYRAA : PERFORMANCE RIGHTS	3,903,425
TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	14,557,313
TYRAC : OPTION EXPIRING 31-AUG-2025 EX NIL	1,107,588
TYRAD : OPTION EXPIRING 30-APR-2026 EX $1.50	5,885,250
TYRAE : OPTION EXPIRING 30-SEP-2026 EX $1.79	7,303,565

Application for quotation of +securities

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