Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name ADISYN LTD Date of this announcement Monday December 18, 2023 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 ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed Director Performance Rights (T1) 3,000,000 18/12/2023 New class - code to be confirmed Director Performance Rights (T2) 2,000,000 18/12/2023 Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity ADISYN 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 ACN 155473304 1.3 ASX issuer code AI1 1.4 The announcement is New announcement 1.5 Date of this announcement 18/12/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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 ASX +security code +Security description New class - code to be confirmed Director Performance Rights (T1) +Security type ISIN code Other Date the +securities the subject of this notification were issued 18/12/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? 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 Blake Burton BURTON CAPITAL HOLDINGS PTY LTD <BURTON INVESTMENT A/C> 3,000,000 Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to resolution 5 https://announcements.asx.com.au/asxpdf/20231030/pdf/05wqm4fw6sslr4.pdf 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 resolution 10 https://announcements.asx.com.au/asxpdf/20221012/pdf/45g6fk06xxwhj5.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Issue details Number of +securities 3,000,000 ASX +security code +Security description New class - code to be confirmed Director Performance Rights (T2) +Security type ISIN code Other Date the +securities the subject of this notification were issued 18/12/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? 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 Blake Burton BURTON CAPITAL HOLDINGS PTY LTD <BURTON INVESTMENT A/C> 2,000,000 Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to resolution 5 https://announcements.asx.com.au/asxpdf/20231030/pdf/05wqm4fw6sslr4.pdf 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 resolution 10 https://announcements.asx.com.au/asxpdf/20221012/pdf/45g6fk06xxwhj5.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Issue details Number of +securities 2,000,000 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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 +securities on issue ASX +security code and description AI1 : ORDINARY FULLY PAID 159,787,383 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description AI1AM : PERFORMANCE RIGHTS 6,000,003 AI1AL : OPTION EXPIRING 30-NOV-2024 EX $0.11 2,562,500 AI1AJ : OPTION EXPIRING 20-DEC-2025 EX $0.60 1,000,000 AI1AD : OPTION EXPIRING 31-JUL-2024 EX $0.30 2,000,000 AI1AE : OPTION EXPIRING 06-NOV-2024 EX $0.25 1,200,000 AI1AF : OPTION EXPIRING 06-NOV-2024 EX $0.25 2,950,000 AI1AG : OPTION EXPIRING 07-MAY-2024 EX $0.50 4,000,000 AI1AK : CONVERTIBLE NOTES 246,250 New class - code to be confirmed : Director Performance Rights (T1) 3,000,000 New class - code to be confirmed : Director Performance Rights (T2) 2,000,000 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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 14 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 8/8