Further allotment under General share offer

Capital Change Notice

Updated as at June 2023

Section 1: Issuer information
Name of issuer Being AI Limited
NZX ticker code BAI
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZECHE0001S8
Currency NZD
Section 2: Capital change details
Number issued 92,314
Nominal value (if any) Not applicable
Issue price per security $0.60
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
0.049%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Not applicable
Reason for issue and specific authority for issue (the reason
for change must be identified here)
Further allotment of shares
under the General Offer for
part shortfall allotment in BAI’s
Share Purchase Plan offer
dated 12 September 2024.
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue.
187,371,901 ordinary shares
No Treasury Stock
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Not applicable
Specific authority for the issue, including a reference to the
rule pursuant to which the issue is made
Board resolution and directors’
certificate required by section
47(2) of the Companies Act
1993. NZX Listing Rule 4.5.1
Terms or details of the issue (for example: restrictions, escrow
arrangements)
Shares to rank equally with all
existing fully paid ordinary
shares in BAI.
Date of issue 18 October 2024

Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Sean Joyce
Contact person for this announcement Sean Joyce
Contact phone number +64 21 865 704
Contact email address
sean@corporate-
counsel.co.nz
Date of release through MAP 18 October 2024