WEEBIT NANO LTD — Share Issue/Capital Change 2021

Dec 13, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

WEEBIT NANO LTD

Date of this announcement

Tuesday December 14, 2021

The +securities the subject of this notification are:

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+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
WBTAD	OPTION EXPIRING VARIOUS DATES EX	2,120,000	14/12/2021
	VARIOUS PRICES

Refer to next page for full details of the announcement

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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

WEEBIT NANO 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

ACN

Registration number

146455576

1.3 ASX issuer code

WBT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/12/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+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:

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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

WBTAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

14/12/2021

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? Yes

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

Name of KMP	Name of registered holder	Number of +securities
Mr Jacob Hanoch	Mr Jacob Hanoch	960,000
Mr David Perlmutter	Mr David Perlmutter	800,000
Dr Yoav Nissan-Cohen	Dr Yoav Nissan-Cohen	120,000
Mr Ashley Krongold	SILVER HORIZON PTY LTD	80,000
Mr Fred Bart	Mr Fred Bart	80,000
Mr S. Atiq Raza	Mr Atiq Raza	80,000

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

• • Refer to Schedule 1 of the 2021 Notice of Annual General Meeting - https://cdn api.markitdigital.com/apiman gateway/AS X/asx-research/1.0/file/2924-02436090-3A578283?access_token=83ff96335c2d45a094df02a206a39ff4

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

Each Option is a right to receive one fully paid ordinary share in Weebit Nano Limited (ASX: WBT) subject to the - achievement of vesting conditions. Refer to Resolutions 6 to 11 of the 2021 Notice of Annual General Meeting https://cdn api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02436090-3A578283?access_token=83ff96335c2d 45a094df02a206a39ff4 for further information.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

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Number of +securities

2,120,000

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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 application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
WBT : ORDINARY FULLY PAID	150,663,998
WBTOA : OPTION EXPIRING 30-JAN-2022	20,838,555

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
WBTAF : OPTION EXPIRING 16-OCT-2029 EX 39C	100,000
WBTAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	7,979,240
WBTAE : PERFORMANCE RIGHTS	714,000
WBTAAB : OPTION EXPIRING 17-SEP-2030 EX $0.823	2,500,000
WBTAAA : OPTION EXPIRING 13-SEP-2030 EX $0.286	1,287,677
WBTAAC : OPTION EXPIRING 24-NOV-2030 EX $0.286	1,190,758
WBTAAD : OPTION EXPIRING 17-MAR-2031 EX $2.82	100,000
WBTAAE : OPTION EXPIRING 04-FEB-2031 EX $2.82	150,000
WBTAG : OPTION EXPIRING 26-MAR-2030 EX 23.12C	267,975
WBTAH : OPTION EXPIRING 25-JUN-2030 EX 27C	34,370
WBTAAF : OPTION EXPIRING 25-MAR-2031 EX $2.63	124,500

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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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

16/11/2021

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