ZEOTECH LIMITED — Share Issue/Capital Change 2023

Jun 29, 2023

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

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Announcement Summary

Entity name

ZEOTECH LIMITED

Date of this announcement

Friday June 30, 2023

The +securities the subject of this notification are: Other

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	OPTION EXPIRING 30-JUN-2025 EX $0.10	42,608,698	30/06/2023
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

ZEOTECH 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

ABN

Registration number

29137984297

1.3 ASX issuer code

ZEO

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/6/2023

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Issue of unquoted options pursuant to Appendix 3B lodged 26 June 2023

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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does not have an existing ASX security code ("new class")

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

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

New +securities ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 30-JUN-2025 EX $0.10 +Security type ISIN code Options Date the +securities the subject of this notification were issued 30/6/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer Prospectus dated 27 June 2023 - Section 5.2 https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02680092

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.10000000 30/6/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Ordinary shares Any other information the entity wishes to provide about the +securities the subject of this notification

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Notified in Appendix 3B lodged on 26 June 2023

Issue details Number of +securities 42,608,698 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities 32,608,698 options free attaching on a 1 for 2 basis to participants in Placement. 10,000,000 options to Lead Manager to the Placement Purpose of the issue Other Additional Details Options free attaching on a 1 for 2 basis Options to Lead Manager

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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
ZEO : ORDINARY FULLY PAID	1,640,705,670

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
ZEOAS : PERFORMANCE RIGHTS	40,000,000
ZEOAR : OPTION EXPIRING 06-APR-2024 EX 1.5C	20,000,000
ZEOAT : OPTION EXPIRING 30-SEP-2024 EX $0.10	26,308,690
New class - code to be confirmed : OPTION EXPIRING 30-JUN-2025 EX $0.10	42,608,698

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

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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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

42,608,698

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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