Notice regarding Conversion of Financial Products

NZX Code: ATM
ASX Code: A2M

The a2 Milk Company Limited (ARBN 158 331 965 | Incorporated in New Zealand)
Level 4, 182 Blues Point Road, McMahons Point NSW 2060, Australia | PO Box 1564, North Sydney NSW 2059, Australia
Level 10, 51 Shortland Street, Auckland 1010, New Zealand | PO Box 163, Shortland Street, Auckland 1010, New Zealand
www.thea2milkcompany.com

21 February 2022
NZX Market Release

Notice regarding Conversion of Financial Products

For the purposes of NZX Listing Rule 3.15.2 and ASX Listing Rule 3.10.7, The a2 Milk Company Limited (NZX: ATM,
ASX: A2M) provides notice that the following securities have become convertible into fully paid ordinary shares in
connection with its Long Term Incentive Plan (LTI Plan), and have been converted, as set out below.

No new ordinary shares have been issued in connection with the conversion.

(a) Number of Financial Products converted and the
number and Class of Quoted Financial Products
into which they have been converted:
170,243 time-based rights (ASX: A2MAE)
converted into 170,243 ordinary shares, resulting
in that number of ordinary shares being allocated
by the trustee of a2MC Group Employee Share
Trust (Share Trust) to the relevant LTI Plan
participants. The ordinary shares were acquired
on-market by the trustee of the Share Trust to
satisfy employeee incentives.
(b) Event giving rise to the right of conversion: Issue of vesting notifications on behalf of the
Board following satisfaction of the vesting
condition.
(c) Details of any interest or dividend conditions
attaching to the Financial Products into which
they have been converted:
None
(d) Number of Financial Products of the same Class
remaining to be converted:
261,505
(e) Conversion period: None (automatic conversion)
(f) Date of conversion: 21 February 2022

The a2 Milk Company Limited
Jaron McVicar
Chief Legal and Sustainability Officer & Company Secretary

For further information, please contact:
David Akers
Head of Investor Relations
T +61 2 9697 7013 l M +61 412 944 577
david.akers@a2milk.com

---

This appendix is available as an online form
Only use this form if the online version is not available +Rule 3.10.3A, 3.10.3B, 3.10.3C, 3.10.3D
+ See chapter 19 for defined terms
5 June 2021 Page 1
Appendix 3G
Notification of issue, conversion or payment up of
unquoted equity +securities
Note: this form is also used to notify ASX where quoted options have been exercised or other quoted
convertible securities have been converted and the securities received as a result of the exercise or
conversion either are already quoted on ASX or are not intended to be quoted on ASX.
Information or documents not available now must be given to ASX as soon as available. Information
and documents given to ASX become ASX’s property and may be made public.
If you are an entity incorporated outside Australia and you are issuing a new class of +securities other
than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN)
for that class. Further information on the requirement for the notification of an ISIN is available from
the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.
*Denotes minimum information required for first lodgement of this form, with exceptions provided in
specific notes for certain questions. The balance of the information, where applicable, must be
provided as soon as reasonably practicable by the entity.
Part 1 – Entity and announcement details
Question
no
Question Answer
1.1 *Name of entity
We (the entity here named) give notice of the issue,
conversion or payment up of the following unquoted
+securities.
The a2 Milk Company Limited
1.2 *Registration type and number
Please supply your ABN, ARSN, ARBN, ACN or
another registration type and number (if you supply
another registration type, please specify both the type
of registration and the registration number).
ARBN 158 331 965
1.3 *ASX issuer code A2M
1.4 *This announcement is
Tick whichever is applicable.
☒ A new announcement
☐ An update/amendment to a previous
announcement
☐ A cancellation of a previous
announcement
1.4a *Reason for update
Mandatory only if “Update” ticked in Q1.4 above. A
reason must be provided for an update.
n/a
1.4b
*Date of previous announcement to this
update
Mandatory only if “Update” ticked in Q1.4 above.
n/a
1.4c *Reason for cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.
n/a
1.4d *Date of previous announcement to this
cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.
n/a
1.5 *Date of this announcement 21 February 2022

This appendix is not available as an online form Appendix 3G
Please fill in and submit as a PDF announcement Notification of issue, conversion or
payment up of equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 2
Part 2 – Type of issue
Question
No.
Question Answer
2.1 *The +securities the subject of this
notification are:
Select whichever item is applicable.
If you wish to notify ASX of different events involving
unquoted securities, please complete a separate
Appendix 3G for each event.
☐ +Securities issued as part of a
transaction or transactions previously
announced to the market in an Appendix
3B that are not quoted, and are not
intended to be quoted, on ASX
☐ +Securities issued under a +dividend or
distribution plan that are not quoted, and
are not intended to be quoted, on ASX
☒ Unquoted options that have been
exercised or other unquoted +convertible
securities that have been converted
☐ Quoted options that have been
exercised or other quoted +convertible
securities that have been converted
where the +securities received as a
result of the exercise or conversion
either are already quoted on ASX or are
not intended to be quoted on ASX
☐ Unquoted partly paid +securities upon
which a call or instalment has been paid
☐ +Securities issued under an +employee
incentive scheme that are subject to a
restriction on transfer and are not being
quoted on ASX until the restriction ends
☐ +Other securities issued under an
+employee incentive scheme that are
not intended to be quoted on ASX
☐ Other [please specify]
If you have selected ‘other’ please explain the
circumstances here:


2.1a *Date the +securities the subject of this
notification were issued
Answer this question if your response to Q2.1 is
anything other than “Unquoted partly paid securities
upon which a call or instalment has been paid”.
n/a
2.2a.1 *Date of Appendix 3B notifying the market
of the proposed issue of +securities the
subject of this notification
Answer this question if your response to Q2.1 is
“Securities issued as part of a transaction or
transactions previously announced to the market in
an Appendix 3B that are not quoted, and are not
intended to be quoted, on ASX.”
n/a

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 3
2.2a.2
*Are there any further issues of +securities
yet to take place to complete the
transaction(s) referred to in the
Appendix 3B?
Answer this question if your response to Q2.1 is
“Securities issued as part of a transaction or
transactions previously announced to the market in
an Appendix 3B that are not quoted, and are not
intended to be quoted, on ASX”.
n/a
2.2a.2.1 *Please provide details of the further
issues of +securities yet to take place to
complete the transaction(s) referred to in
the Appendix 3B
Answer this question if your response to Q2.1 is
“Securities issued as part of a transaction or
transactions previously announced to the market in
an Appendix 3B that are not quoted, and are not
intended to be quoted, on ASX” and your response to
Q2.2a.2 is “Yes”.
Please provide details of the proposed dates and
number of securities for the further issues.
n/a
2.2b.1 Date of Appendix 3A.1 lodged with ASX in
relation to the underlying +dividend or
distribution
Answer this question if your response to Q2.1 is
“Being issued under a dividend or distribution plan
that are not quoted, and are not intended to be
quoted, on ASX”.
n/a
2.2c.1 Please state the number and type of
options that were exercised or other
+convertible securities that were converted
(including their ASX security code if
available):
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
170,243 time based rights (ASX:A2MAE)
2.2c.2
And the date the options were exercised or
other +convertible securities were
converted:
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
Note: If this occurred over a range of dates, enter the
date the last of the options was exercised or
convertible securities was converted.
21 February 2022

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 4
2.2c.3
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)?
Answer this question if your response to Q2.1 is
““Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
No
Note: If you have answered “No”, consider whether you
need to lodge an Appendix 3H with ASX notifying ASX
of the cessation of some or all of the remaining options
or other convertible securities under Listing
Rule 3.10.E. This may the case, for example, if options
have lapsed because they have passed their expiry
date without being exercised, or convertible debt
securities have been repaid or redeemed without being
converted.
2.2c.4 The right of the holder of the options or
other +convertible securities to receive the
+underlying securities is being satisfied by:
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
☐ An issue of new +securities
☒ A transfer of existing +securities
☐ A reclassification of the +convertible
securities as securities in the same class
as the +underlying securities
2.2c.5 The underlying securities being received
by the holder are:
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted”.
☒ Already quoted by ASX
☐ Intended to be, but are not yet, quoted
by ASX
☐ Are not, and are not intended to be,
quoted by ASX
2.2c.6 The underlying securities being received
by the holder are:
Answer this question if your response to Q2.1 is
“Quoted options that have been exercised or other
quoted convertible securities that have been
converted where the securities received as a result of
the exercise or conversion either are already quoted
on ASX or are not intended to be quoted on ASX”.
☐ Already quoted by ASX
☐ Are not, and are not intended to be,
quoted by ASX
2.2c.7 *Were the options being exercised or other
+convertible securities being converted
issued under an +employee incentive
scheme?
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
Yes

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 5
2.2c.8
*Are any of the options being exercised or
other +convertible securities being
converted held by +key management
personnel (KMP) or an +associate?
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.” and your response to Q2.2c.7 is
“Yes”.
Yes
2.2c.8.a
*Provide details of the KMP or associates who are exercising options or converting
convertible securities.
Answer this question if your response to Q2.1 is “Unquoted options that have been exercised or other unquoted
convertible securities that have been converted” or “Quoted options that have been exercised or other quoted
convertible securities that have been converted where the securities received as a result of the exercise or
conversion either are already quoted on ASX or are not intended to be quoted on ASX”, your response to
Q2.2c.7 is “Yes” and your response to Q2.2c.8 is “Yes”. Repeat the detail in the table below for each KMP
involved. If the options or other convertible securities are held by the KMP, repeat the name of the KMP or insert
“Same” in “Name of registered holder”. If the options or other convertible securities are held by an associate of a
KMP, insert the name of the associate in “Name of registered holder”.

Name of KMP Name of registered holder
Number of options
being exercised or
other +convertible
securities being
converted
David Bortolussi DMZSK Pty Ltd 155,642

2.2d.1 Please state the number and type of partly
paid +securities upon which a call or
instalment has been paid (including their
ASX security code if available)?
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities upon which a call or
instalment has been paid”.
n/a
2.2d.2 And the date upon which the call or
instalment was paid:
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities upon which a call or
instalment has been paid”.
Note: If this occurred over a range of dates, enter the
date the last of the payments was made.
n/a
2.2d.3 Has the call or instalment been paid on all
of the partly paid +securities in question?
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities upon which a call or
instalment has been paid”.
Yes or No
Note: If you have answered “No”, consider whether you
need to lodge an Appendix 3H with ASX notifying ASX
of the cessation of some or all of the remaining partly
paid securities under Listing Rule 3.10.E. This may the
case, for example, if partly paid securities that have not
had the call paid by the due date will be cancelled. If
you are an NL company, consider also whether you
have notification obligations in relation to any forfeiture
of the partly paid securities not paid up under Listing
Rule 3.12.
2.2d.4 Are the securities on which the call or
instalment was paid now fully paid?
Yes or No

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 6
2.2e.1
Please state the number and type of
+securities (including their ASX security
code) issued under the +employee
incentive scheme
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are subject to a restriction on transfer
and are not being quoted on ASX until the restriction
ends” or “Other securities issued under an employee
incentive scheme that are not intended to be quoted
on ASX”.
n/a
2.2e.2
*Please attach a document or provide
details of a URL link for a document lodged
with ASX detailing the terms of the
+employee incentive scheme or a
summary of the terms.
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are subject to a restriction on transfer
and are not being quoted on ASX until the restriction
ends” or “Other securities issued under an employee
incentive scheme that are not intended to be quoted
on ASX”.
n/a
2.2e.3
*Were any of the +securities issued to
+key management personnel (KMP) or an
+associate
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are subject to a restriction on transfer
and are not being quoted on ASX until the restriction
ends” or “Other securities issued under an employee
incentive scheme that are not intended to be quoted
on ASX”.
Yes or No
2.2e.3.a *Provide details of the KMP or +associates being issued +securities.
Answer this question if your response to Q2.1 is “Securities issued under an employee incentive scheme that are
subject to a restriction on transfer and are not being quoted on ASX until the restriction ends” or “Other securities
issued under an employee incentive scheme that are not intended to be quoted on ASX” and your response to
Q2.2e.3 is “Yes”. Repeat the detail in the table below for each KMP involved in the issue. If the securities are
being issued to the KMP, repeat the name of the KMP or insert “Same” in “Name of registered holder”. If the
securities are being issued to an associate of a KMP, insert the name of the associate in “Name of registered
holder”.

Name of KMP Name of registered holder Number of +securities


2.2f.1 *Were the +securities issued for a cash
consideration?
Answer this question if your response to Q2.1 is
“Other”.
If the securities are being issued for nil cash
consideration, answer this question “No”.
Yes or No
2.2f.1.a *In what currency was the cash
consideration paid?
Answer this question if your response to Q2.1 is
“Other” and your response to Q2.2f.1 is “Yes”.
For example, if the consideration is being paid in
Australian Dollars, state AUD.
n/a

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 7
2.2f.1.b *What was the issue price per +security
Answer this question if your response to Q2.1 is
“Other” and your response to Q2.2f.1 is “Yes”, and by
reference to the issue currency provided in your
response to Q2.2f.1.a.
Note: you cannot enter a nil amount here. If the
securities are being issued for nil cash consideration,
answer Q2.2f.1 as “No” and complete Q2.2f.1.c.
n/a
2.2f.1.c Please describe the consideration provided
for the +securities
Answer this question if your response to Q2.1 is
“Other” and your response to Q2.2f.1 is “No”.
n/a
2.2f.2 *The purpose(s) for which the entity issued
the +securities was:
Answer this question if your response to Q2.1 is
“Other”.
You may select one or more of the items in the list.
☐ To raise additional working capital
☐ To fund the retirement of debt
☐ To pay for the acquisition of an asset
[provide details below]
☐ To pay for services rendered
[provide details below]
☐ Other [provide details below]
Additional details:


2.2f.3 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
You must answer this question if your response to
Q2.1 is “Other”. If there is no other information to
provide, please answer “Not applicable” or “N/A”.
n/a
2.3a *This notification is given in relation to an
issue of +securities in a class which is not
quoted on ASX and which:
Answer this question if your response to Q2.1 is
anything other than “Unquoted options that have been
exercised or other unquoted convertible securities
that have been converted”, “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities
received as a result of the exercise or conversion
either are already quoted on ASX or are not intended
to be quoted on ASX” or “Unquoted partly paid
securities upon which a call or instalment has been
paid”.
☐ has an existing ASX security code
("existing class")
☐ does not have an existing ASX security
code ("new class")
2.3b *The +securities being issued, transferred
or re-classified as a result of the options
being exercised or other +convertible
securities being converted are:
Answer this question if your response to Q2.1 is
“Unquoted options that have been exercised or other
unquoted convertible securities that have been
converted” or “Quoted options that have been
exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”.
☒ securities that have already been quoted
on ASX ("existing class")
☐ in a class which is not quoted on ASX
but which has an existing ASX security
code ("existing class")
☐ in a class which is not quoted on ASX
and which does not have an existing
ASX security code ("new class")

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 8
2.3c
*The call or instalment the subject of this
notification is being paid on +securities
which are not quoted on ASX and which:
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities upon which a call or
instalment has been paid”.
☐ have an existing ASX security code
("existing class")
☐ do not have an existing ASX security
code ("new class")
Part 3A – number and type of +securities the subject of this notification
(existing or new class) where issue has previously been
notified to ASX in an Appendix 3B
Answer the questions in this Part if your response to Q2.1 is “Securities issued as part of a transaction or transactions
previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX”.
Question
No.
Question Answer
3A.1 *ASX security code & description
3A.2 *Number of +securities issued/paid up
3A.3 Any other information the entity wishes to
provide about the +securities the subject of
this notification

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
Answer the questions in this part if your response to Q2.1 is anything other than “Securities issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on
ASX” and your response to Q2.3a, 2.3b or 2.3c (as applicable) is “existing class”. If your response to Q2.1 is “Unquoted options
that have been exercised or other unquoted convertible securities that have been converted” or “Quoted options that have been
exercised or other quoted convertible securities that have been converted where the securities received as a result of the
exercise or conversion either are already quoted on ASX or are not intended to be quoted on ASX”, the questions in this part
relate to the securities issued, transferred or re-classified as a result of the exercise of the options or the conversion of the
convertible securities. If your response to Q2.1 is “Unquoted partly paid securities upon which a call or instalment has been
paid”, the questions in this part relate to the securities arising from that payment. Otherwise, the questions in this part relate to
the securities issued by the entity which are the subject of this notification and which are described in the response to Q2.1.
Question
No.
Question Answer
3B.1 *ASX security code & description A2M: ORDINARY FULLY PAID
3B.2 *Number of +securities
issued/transferred/reclassified/paid up
170,243 (transferred)
3B.3a *Will the +securities rank equally in all
respects from their issue date with the
existing issued +securities in that class?
You do not need to answer this question if your
response to Q2.1 is ““Unquoted options that have been
exercised or other unquoted convertible securities that
have been converted” or “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities received
as a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”, and your response to Q2.2c.4 is “A
transfer of existing securities” and your response to
Q2.3b is “securities that have already been quoted on
ASX”.
n/a

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 9
3B.3b
*Is the actual date from which the
+securities will rank equally (non-ranking
end date) known?
You do not need to answer this question if your
response to Q2.1 is “Unquoted options that have been
exercised or other unquoted convertible securities that
have been converted” or “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities received
as a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”, your response to Q2.2c.4 is “A
transfer of existing securities” and your response to
Q2.3b is “securities that have already been quoted on
ASX”.
Otherwise answer this question if your response to
Q3B.3a is “No”.
n/a
3B.3c *Provide the actual non-ranking end date
You do not need to answer this question if your
response to Q2.1 is “Unquoted options that have been
exercised or other unquoted convertible securities that
have been converted” or “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities received
as a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”, your response to Q2.2c.4 is “A
transfer of existing securities” and your response to
Q2.3b is “securities that have already been quoted on
ASX”.
Otherwise answer this question if your response to
Q3B.3a is “No” and your response to Q3B.3b is “Yes”.
n/a
3B.3d *Provide the estimated non-ranking end
period
You do not need to answer this question if your
response to Q2.1 is “Unquoted options that have been
exercised or other unquoted convertible securities that
have been converted” or “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities received
as a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”, your response to Q2.2c.4 is “A
transfer of existing securities” and your response to
Q2.3b is “securities that have already been quoted on
ASX”.
Otherwise answer this question if your response to
Q3B.3a is “No” and your response to Q3B.3b is “No”.
n/a

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 10
3B.3e
*Please state the extent to which the
+securities do not rank equally:
• in relation to the next dividend,
distribution or interest payment; or
• for any other reason
Otherwise answer this question if your response to
Q3B.3a is “No”.
You do not need to answer this question if your
response to Q2.1 is “Unquoted options that have been
exercised or other unquoted convertible securities that
have been converted” or “Quoted options that have
been exercised or other quoted convertible securities
that have been converted where the securities received
as a result of the exercise or conversion either are
already quoted on ASX or are not intended to be
quoted on ASX”, your response to Q2.2c.4 is “A
transfer of existing securities” and your response to
Q2.3b is “securities that have already been quoted on
ASX”.
For example, the securities may not rank at all, or may
rank proportionately based on the percentage of the
period in question they have been on issue, for the
next dividend, distribution or interest payment; or they
may not be entitled to participate in some other event,
such as an entitlement issue.
n/a
3B.4 Any other information the entity wishes to
provide about the +securities the subject of
this notification
n/a
Part 3C – number and type of +securities the subject of this notification
(new class)
Answer the questions in this part if your response to Q2.1 is anything other than “Securities issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on
ASX” and your response to Q2.3a, 2.3b or 2.3c (as applicable) is “new class”. If your response to Q2.1 is “Unquoted options that
have been exercised or other unquoted convertible securities that have been converted” or “Quoted options that have been
exercised or other quoted convertible securities that have been converted where the securities received as a result of the
exercise or conversion either are already quoted on ASX or are not intended to be quoted on ASX”, the questions in this part
relate to the securities being issued, transferred or reclassified as a result of the exercise of the options or the conversion of the
convertible securities. If your response to Q2.1 is “Unquoted partly paid securities upon which a call or instalment has been
paid”, the questions in this part relate to the call paid or fully paid securities arising from that payment. Otherwise, the questions
in this part relate to the securities issued by the entity which are the subject of this notification and which are described in the
response to Q2.1.
Question
No.
Question Answer
3C.1 *Security description
3C.2 *Security type
Select one item from the list that best describes the
securities the subject of this form. This will determine
more detailed questions to be asked about the security
later in this section. Select “ordinary fully or partly paid
shares/units” for stapled securities or CDIs. For interest
rate securities, please select the appropriate choice
from either “Convertible debt securities” or “Non-
convertible debt securities”. Select “Other” for
performance shares/units and performance
options/rights or if the selections available in the list do
not appropriately describe the security being issued.
☐ Ordinary fully or partly paid shares/units
☐ Options
☐ +Convertible debt securities
☐ Non-convertible +debt securities
☐ Redeemable preference shares/units
☐ Other
3C.3 ISIN code
Answer this question if you are an entity incorporated
outside Australia and you are issuing a new class of
securities other than CDIs. See also the note at the top
of this form.

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 11
3C.4 *Number of +securities issued/paid up
3C.5a
*Will all the +securities issued in this class
rank equally in all respects from the issue
date?
Yes or No
3C.5b *Is the actual date from which the
+securities will rank equally (non-ranking
end date) known?
Answer this question if your response to Q3C.5a is
“No”.
Yes or No
3C.5c *Provide the actual non-ranking end date
Answer this question if your response to Q3C.5a is
“No” and your response to Q3C.5b is “Yes”.

3C.5d *Provide the estimated non-ranking end
period
Answer this question if your response to Q3C.5a is
“No” and your response to Q3C.5b is “No”.

3C.5e
*Please state the extent to which the
+securities do not rank equally:
• in relation to the next dividend,
distribution or interest payment; or
• for any other reason
Answer this question if your response to Q3C.5a is
“No”.
For example, the securities may not rank at all, or may
rank proportionately based on the percentage of the
period in question they have been on issue, for the
next dividend, distribution or interest payment; or they
may not be entitled to participate in some other event,
such as an entitlement issue.

3C.6 Please attach a document or provide a URL
link for a document lodged with ASX setting
out the material terms of the +securities
being issued
You may cross reference a disclosure document, PDS,
information memorandum, investor presentation or
other announcement with this information provided it
has been released to the ASX Market Announcements
Platform.

3C.7 *Have you received confirmation from ASX
that the terms of the +securities are
appropriate and equitable under listing rule
6.1?
Answer this question only if you are an ASX Listing.
(ASX Foreign Exempt Listings and ASX Debt Listings
do not have to answer this question).
If your response is “No” and the securities have any
unusual terms, you should approach ASX as soon as
possible for confirmation under listing rule 6.1 that the
terms are appropriate and equitable.
Yes or No
3C.8a Ordinary fully or partly paid shares/units details
Answer the questions in this section if you selected this security type in your response to Question 3B.2.
*+Security currency
This is the currency in which the face amount of an
issue is denominated. It will also typically be the
currency in which distributions are declared.

*Are there CDIs issued over the
+securities?
Yes or No

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 12
*CDI ratio
Answer this question if you answered “Yes” to the
previous question. This is the ratio at which CDIs can
be transmuted into the underlying security (e.g. 4:1
means 4 CDIs represent 1 underlying security
whereas 1:4 means 1 CDI represents 4 underlying
securities).
X:Y
*Is it a partly paid class of +security? Yes or No
*Paid up amount: unpaid amount
Answer this question if answered “Yes” to the
previous question.
The paid up amount represents the amount of
application money and/or calls which have been paid
on any security considered ‘partly paid’
The unpaid amount represents the unpaid or yet to be
called amount on any security considered ‘partly
paid’.
The amounts should be provided per the security
currency (e.g. if the security currency is AUD, then the
paid up and unpaid amount per security in AUD).
X:Y
*Is it a stapled +security?
This is a security class that comprises a number of
ordinary shares and/or ordinary units issued by
separate entities that are stapled together for the
purposes of trading.
Yes or No
3C.8b Option details
Answer the questions in this section if you selected this security type in your response to Question 3B.2.
*+Security currency
This is the currency in which the exercise price is
payable.

*Exercise price
The price at which each option can be exercised and
convert into the underlying security. If there is no
exercise price please answer as $0.00.
The exercise price should be provided per the
security currency (i.e. if the security currency is AUD,
the exercise price should be expressed in AUD).

*Expiry date
The date on which the options expire or terminate.

*Details of the number and type of
+security (including its ASX security code if
the +security is quoted on or recorded by
ASX) that will be issued if an option is
exercised
For example, if the option can be exercised to receive
one fully paid ordinary share with ASX security code
ABC, please insert “One fully paid ordinary share
(ASX:ABC)“.

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 13
3C.8c
Details of non-convertible +debt securities, +convertible debt securities, or
redeemable preference shares/units
Answer the questions in this section if you selected one of these security types in your response to Question
3B.2.
Refer to Guidance Note 34 and the “Guide to the Naming Conventions and Security Descriptions for ASX Quoted
Debt and Hybrid Securities” for further information on certain terms used in this section
*Type of +security
Select one item from the list
☐ Simple corporate bond
☐ Non-convertible note or bond
☐ Convertible note or bond
☐ Preference share/unit
☐ Capital note
☐ Hybrid security
☐ Other
*+Security currency
This is the currency in which the face value of the
security is denominated. It will also typically be the
currency in which interest or distributions are paid.

Face value
This is the principal amount of each security.
The face value should be provided per the security
currency (i.e. if security currency is AUD, then the
face value per security in AUD).

*Interest rate type
Select one item from the list
Select the appropriate interest rate type per the terms
of the security. Definitions for each type are provided
in the Guide to the Naming Conventions and Security
Descriptions for ASX Quoted Debt and Hybrid
Securities
☐ Fixed rate
☐ Floating rate
☐ Indexed rate
☐ Variable rate
☐ Zero coupon/no interest
☐ Other
Frequency of coupon/interest payments
per year
Select one item from the list.
☐ Monthly
☐ Quarterly
☐ Semi-annual
☐ Annual
☐ No coupon/interest payments
☐ Other
First interest payment date
A response is not required if you have selected “No
coupon/interest payments” in response to the
question above on the frequency of coupon/interest
payments

Interest rate per annum
Answer this question if the interest rate type is fixed.
% p.a.
*Is the interest rate per annum estimated
at this time?
Answer this question if the interest rate type is fixed.
Yes or No
If the interest rate per annum is estimated,
then what is the date for this information to
be announced to the market (if known)
Answer this question if the interest rate type is fixed
and your response to the previous question is “Yes”.
Answer “Unknown” if the date is not known at this
time.

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 14

*Does the interest rate include a reference
rate, base rate or market rate (e.g. BBSW
or CPI)?
Answer this question if the interest rate type is floating
or indexed
Yes or No

*What is the reference rate, base rate or
market rate?
Answer this question if the interest rate type is floating
or indexed and your response to the previous
question is “Yes”.

*Does the interest rate include a margin
above the reference rate, base rate or
market rate?
Answer this question if the interest rate type is floating
or indexed.
Yes or No
*What is the margin above the reference
rate, base rate or market rate (expressed
as a percent per annum)
Answer this question if the interest rate type is floating
or indexed and your response to the previous
question is “Yes”.
% p.a.
*S128F of the Income Tax Assessment Act
status applicable to the +security
Select one item from the list
For financial products which are likely to give rise to a
payment to which s128F of the Income Tax
Assessment Act applies, ASX requests issuers to
confirm the s128F status of the security:
• “s128F exempt” means interest payments are not
taxable to non-residents;
• “Not s128F exempt” means interest payments are
taxable to non-residents;
• “s128F exemption status unknown” means the
issuer is unable to advise the status;
• “Not applicable” means s128F is not applicable to
this security
☐ s128F exempt
☐ Not s128F exempt
☐ s128F exemption status unknown
☐ Not applicable

*Is the +security perpetual (i.e. no maturity
date)?
Yes or No
*Maturity date
Answer this question if the security is not perpetual

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 15

*Select other features applicable to the
+security
Up to 4 features can be selected. Further information
is available in the Guide to the Naming Conventions
and Security Descriptions for ASX Quoted Debt and
Hybrid Securities.
☐ Simple
☐ Subordinated
☐ Secured
☐ Converting
☐ Convertible
☐ Transformable
☐ Exchangeable
☐ Cumulative
☐ Non-Cumulative
☐ Redeemable
☐ Extendable
☐ Reset
☐ Step-Down
☐ Step-Up
☐ Stapled
☐ None of the above
*Is there a first trigger date on which a right
of conversion, redemption, call or put can
be exercised (whichever is first)?
Yes or No
*If yes, what is the first trigger date
Answer this question if your response to the previous
question is “Yes”.

Details of the number and type of +security
(including its ASX security code if the
+security is quoted on ASX) that will be
issued if the securities to be quoted are
converted, transformed or exchanged
Answer this question if the security features include
“converting”, “convertible”, “transformable” or
“exchangeable”.
For example, if the security can be converted into
1,000 fully paid ordinary shares with ASX security
code ABC, please insert “1,000 fully paid ordinary
shares (ASX:ABC)“.

3C.9 Any other information the entity wishes to
provide about the +securities the subject of
this notification

Part 4 –+Securities on issue
Following the issue, conversion or payment up of the +securities the subject of this application, the
issued +securities of the entity will comprise:
Note: the figures provided in the table below are used to calculate part of the total market capitalisation of the entity published by
ASX from time to time. Please make sure you include in the table each class of security issued by the entity.
Restricted securities should be included in table 4.2.
4.1 Quoted +Securities (Total number of each +class of +securities issued and quoted on ASX)
*ASX security code and description *Total number of +securities on issue
A2M: ORDINARY FULLY PAID 743,656,528

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 16
4.2
Unquoted +Securities (Total number of each +class of +securities issued but not quoted on
ASX)
*ASX security code and description *Total number of +securities on issue
A2MAF: MATCHING RIGHTS
A2MAD: PERFORMANCE RIGHTS
A2MAE: TIME BASED RIGHTS
16,695
4,785,169
261,505

Part 5 – Other Listing Rule requirements
The questions in this Part should only be answered if you are an ASX Listing (ASX Foreign Exempt Listings and ASX Debt
Listings do not need to complete this Part) and your response to Q2.1 is:
- “Securities issued under a dividend or distribution plan that are not quoted, and are not intended to be quoted, on ASX”;
- “Securities issued under an employee incentive scheme that are subject to a restriction on transfer and are not being
quoted on ASX until the restriction ends” or “Other securities issued under an employee incentive scheme that are not
intended to be quoted on ASX”; or
- “Other”
Note that if your response to Q2.1 is “Securities issued as part of a transaction or transactions previously announced to the
market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX”, it is assumed that you will have
provided the information referred to in this Part in the Appendix 3B.
Question
No.
Question Answer
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 or No
5.1a Enter the number of the applicable
exception in Listing Rule 7.2
Note this should be a number between 1 and 17.

5.1a.1 *Does the +dividend or distribution plan
meet the requirement of listing rule 7.2
exception 4 that it does not impose a limit
on participation?
Answer this question if your response to Q5.1 is “Yes”
and your response to Q5.1a is “4”.
Note: Exception 4 only applies where security holders
are able to elect to receive all of their dividend or
distribution as securities. For example, Exception 4
would not apply in the following circumstances: 1) The
entity has specified a dollar limit on the level of
participation e.g. security holders can only participate
to a maximum value of $x in respect of their
entitlement, or 2) The entity has specified a maximum
number of securities that can participate in the plan
e.g. security holders can only receive securities in lieu
of dividend payable for x number of securities.
Yes or No
5.2
*Has the entity obtained, or is it obtaining,
+security holder approval for the issue
under listing rule 7.1?
Answer this question if the response to Q5.1 is “No”.
Yes or No
5.2a *Date of meeting or proposed meeting to
approve the issue under listing rule 7.1
Answer this question if the response to Q5.1 is “No”
and the response to Q5.2 is “Yes”.

This appendix is available as an online form Appendix 3G
Notification of issue, conversion or
payment up of unquoted equity +securities
+ See chapter 19 for defined terms
5 June 2021 Page 17
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?
Answer this question if the response to Q5.1 is “No”
and the response to Q5.2 is “No”.
Yes or No
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?
Answer this question if the response to Q5.1 is “No”,
the response to Q5.2 is “No” and the response to
Q5.2b is “Yes”.
If the response to Q5.2b is “Yes”, please complete and
separately send by email to your ASX listings adviser a
work sheet in the form of Annexure B to Guidance
Note 21 confirming the entity has the available capacity
under listing rule 7.1 to issue that number of securities.

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)?
Answer this question if the response to Q5.1 is “No”
and the response to Q5.2 is “No”.
Yes or No or n/a
5.2c.1 *How many +securities are being issued
without +security holder approval using the
entity’s additional 10% placement capacity
under listing rule 7.1A?
Answer this question if the response to Q5.1 is “No”,
the response to Q5.2 is “No” and the response to
Q5.2c is “Yes”.
If the response to Q5.2c is “Yes”, please complete and
separately send by email to your ASX listings adviser a
work sheet in the form of Annexure C to Guidance
Note 21 confirming the entity has the available capacity
under listing rule 7.1A to issue that number of
securities.


Introduced 01/12/19; amended 31/01/20; 05/06/21