WAY 2 VAT LTD. — Share Issue/Capital Change 2024

Jun 17, 2024

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

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Announcement Summary

Entity name

WAY 2 VAT LTD.

Date of this announcement

Tuesday June 18, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
W2VAD	OPTION EXPIRING VARIOUS DATES VARIOUS	3,000,000	17/06/2024
	PRICES

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

WAY 2 VAT LTD.

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

1.2 Registered number type Registration number ARBN 637709114

1.3 ASX issuer code

W2V

1.4 The announcement is

New announcement

1.5 Date of this announcement

18/6/2024

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

has an existing ASX security code ("existing class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

W2VAD : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES

Date the +securities the subject of this notification were issued

17/6/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No 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

For details on the terms of the Company's Employee Equity Incentive Plan, please refer to the Notice of AGM held on 19 June 2023. URL: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02667706-6A1150847?access_to ken=83ff96335c2d45a094df02a206a39ff4 Any other information the entity wishes to provide about the +securities the subject of this notification

Issue of options to 2 employees under the Company's ESOP, expiring 3 years from the grant date. Each option will convert into one fully paid ordinary share in the Company upon exercise/conversion of the option.

• 2,000,000 Unlisted Options expiring 3/3/2027 with 666,667 Options exercisable at $0.01, 666,667 Options at $0.02 and 666,666 Options at $0.03.

• 1,000,000 Unlisted Options expiring 1/4/2027 with 333,334 Options exercisable at $0.01, 333,333 Options at $0.02 and 333,333 Options at $0.03.

Issue details

Number of +securities

3,000,000

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

Part 4 - +Securities on issue

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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
W2VO : OPTION EXPIRING 28-FEB-2026	147,978,866
W2V : ORDINARY FULLY PAID	873,867,320
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
W2VAP : OPTION EXPIRING 14-AUG-2033 EX $0.01	1,666,667
W2VAQ : OPTION EXPIRING 14-AUG-2033 EX $0.02	1,666,667
W2VAR : OPTION EXPIRING 14-AUG-2033 EX $0.03	1,666,666
W2VAS : OPTION EXPIRING 03-OCT-2033 EX $0.01	12,666,000
W2VAT : OPTION EXPIRING 03-OCT-2033 EX $0.02	12,667,000
W2VAU : OPTION EXPIRING 03-OCT-2033 EX $0.03	12,667,000
W2VAV : OPTION EXPIRING 31-OCT-2033 EX $0.01	3,333,333
W2VAW : OPTION EXPIRING 31-OCT-2033 EX $0.02	3,333,333
W2VAX : OPTION EXPIRING 31-OCT-2033 EX $0.03	3,333,334
W2VAD : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	15,701,401
W2VAC : OPTION EXPIRING VARIOUS DATES RESTRICTED	24,400,707
W2VAN : OPTION EXPIRING 23-JUN-2026 EX $0.02	5,000,000
W2VAO : OPTION EXPIRING 23-JUN-2026 EX $0.03	5,000,000

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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