VHM LIMITED — Share Issue/Capital Change 2023

Jan 23, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

VHM LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday January 24, 2023

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
VHM	ORDINARY FULLY PAID	3,621,763	20/01/2023

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

VHM 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

ACN

Registration number 601004102

1.3 ASX issuer code

VHM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

24/1/2023

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 VHMAJ : OPTION EXPIRING 02-NOV-2023 EX NIL

TO (Existing Class) ASX +security code and description

VHM : 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 20/1/2023 20/1/2023 96,000

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)? Yes

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

20/1/2023

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 96,000

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities Employee Incentive

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 1.070000

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

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

FROM (Existing Class) ASX +security code and description VHMAK : OPTION EXPIRING 31-DEC-2024 EX NIL

TO (Existing Class) ASX +security code and description

VHM : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted 2,412,489

The first date the options were The last date the options were exercised or other +convertible exercised or other +convertible securities were converted securities were converted 20/1/2023 20/1/2023

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

Application for quotation of +securities

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Application for quotation of +securities

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

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
Carly O'Regan	Carly O'Regan	349,305

Issue date

20/1/2023

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

2,412,489

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Employee Incentive

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 1.070000

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

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

Application for quotation of +securities

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Application for quotation of +securities

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FROM (Existing Class) ASX +security code and description

VHMAL : OPTION EXPIRING 30-SEP-2025 EX NIL

TO (Existing Class) ASX +security code and description

VHM : 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 20/1/2023 20/1/2023 119,141

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?

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No

Issue date

20/1/2023

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

119,141

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Employee Incentive

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 1.070000

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

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

FROM (Existing Class) ASX +security code and description

VHMAM : OPTION EXPIRING 28-FEB-2026 EX NIL

TO (Existing Class) ASX +security code and description

VHM : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted 994,133

The first date the options were The last date the options were exercised or other +convertible exercised or other +convertible securities were converted securities were converted 20/1/2023 20/1/2023

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

Application for quotation of +securities

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Application for quotation of +securities

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personnel (KMP) or an +associate? No Issue date 20/1/2023 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 994,133 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Employee Incentive Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 1.070000 Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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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
VHM : ORDINARY FULLY PAID	144,535,140

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
VHMAE : OPTION EXPIRING 19-MAY-2027 RESTRICTED	2,317,475
VHMAF : OPTION EXPIRING 31-DEC-2024 RESTRICTED	1,099,583
VHMAG : OPTION EXPIRING 31-JUL-2025 RESTRICTED	1,000,000
VHMAA : ORDINARY FULLY PAID RESTRICTED	3,750,612
VHMAB : ORDINARY FULLY PAID RESTRICTED	4,032,104
VHMAC : ORDINARY FULLY PAID RESTRICTED	499,845
VHMAD : ORDINARY FULLY PAID RESTRICTED	47,877,310
VHMAM : OPTION EXPIRING 28-FEB-2026 EX NIL	522,457
VHMAH : OPTION EXPIRING 28-FEB-2026 RESTRICTED	734,082
VHMAI : OPTION EXPIRING 19-MAY-2027 RESTRICTED	1,841,667
VHMAJ : OPTION EXPIRING 02-NOV-2023 EX NIL	0
VHMAK : OPTION EXPIRING 31-DEC-2024 EX NIL	204,283
VHMAL : OPTION EXPIRING 30-SEP-2025 EX NIL	64,501

Application for quotation of +securities

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