Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name ARDIDEN LTD Date of this announcement Wednesday June 14, 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 Total number of +securities to be issued/transferred Issue date Employee Options, vesting 14 June 2026, Expiry Date of 13 June 2027 and Exercise Price of $0.01 15,000,000 14/06/2023 Employee Options, vesting immediately, Expiry Date of 14 June 2027 and Exercise Price of $0.007 2,000,000 14/06/2023 ASX +security code Security description New class - code to be confirmed New class - code to be confirmed 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 ARDIDEN 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 110884252 1.3 ASX issuer code ADV 1.4 The announcement is New announcement 1.5 Date of this announcement 14/6/2023 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 Employee Options, vesting 14 June 2026, Expiry Date of 13 June 2027 and Exercise Price of $0.01 +Security type ISIN code Options Date the +securities the subject of this notification were issued 14/6/2023 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 Tara Robson Tara Robson 7,500,000 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. Material terms can be found in Notice of meeting dated 19 Oct 2021 https://www.ardiden.com.au/wp-content/uploads/2021/10/61057935.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.01000000 13/6/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description ADV Fully Paid Ordinary Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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 Material terms can be found in Notice of meeting dated 19 Oct 2021 https://www.ardiden.com.au/wp-content/uploads/2021/10/61057935.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 15,000,000 ASX +security code +Security description New class - code to be confirmed Employee Options, vesting immediately, Expiry Date of 14 June 2027 and Exercise Price of $0.007 +Security type ISIN code Options Date the +securities the subject of this notification were issued 14/6/2023 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? No 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. Material terms can be found in Notice of meeting dated 19 Oct 2021 https://www.ardiden.com.au/wp-content/uploads/2021/10/61057935.pdf Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00700000 14/6/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description ADV fully paid ordinary 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 Material terms can be found in Notice of meeting dated 19 Oct 2021 https://www.ardiden.com.au/wp-content/uploads/2021/10/61057935.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 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 ADV : ORDINARY FULLY PAID 2,688,335,356 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 ADVAF : OPTION EXPIRING 04-APR-2026 EX $0.022 10,000,000 ADVAQ : OPTION EXPIRING 20-APR-2026 EX $0.0195 40,025,030 ADVAE : OPTION EXPIRING 31-AUG-2024 EX 1.8C 14,625,000 ADVAH : OPTION EXPIRING 24-APR-2027 EX $0.008 2,500,000 ADVAG : PERFORMANCE RIGHTS 7,500,000 New class - code to be confirmed : Employee Options, vesting 14 June 2026, Expiry Date of 13 June 2027 and Exercise Price of $0.01 15,000,000 New class - code to be confirmed : Employee Options, vesting immediately, Expiry Date of 14 June 2027 and Exercise Price of $0.007 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 13 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 8/8