Bapcor : Notification regarding unquoted securities - BAP

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

For personal use only

Entity name BAPCOR LIMITED

Date of this announcement Wednesday April 13, 2022

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

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity BAPCOR 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

1.3 ASX issuer code BAP

1.4 The announcement isNew announcement

1.5 Date of this announcement 13/4/2022

Registration number 80153199912

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

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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

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")

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

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

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

For personal use only

ASX +security code and description

BAPAI : PERFORMANCE RIGHT

Date the +securities the subject of this notification were issued 11/4/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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

Noel Meehan

Noel Meehan

27,040

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://www.bapcor.com.au/Reports/210920_Notice_of_Meeting_and_Proxy_Forms_20_September_2021_FINAL.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

As announced by the Company on 8 February 2022, Mr Noel Meehan (previously CFO) was appointed as CEO of Bapcor, effective from 8 February 2022. As CEO, Mr Meehan is entitled to receive an LTI for FY22 equivalent to 100% of his total fixed remuneration, pro-rated for the period between 8 February 2022 and 30 June 2022.

Further, Mr Meehan's FY22 LTI entitlement for his role as CFO has now been pro-rated for the period between 1 Jul 2021 and 7 Feb 2022 (noting that Bapcor has already issued Mr Meehan with Performance Rights in connection with his role as CFO for the full FY22 period). The number of Performance Rights which Mr Meehan is entitled to receive for FY22 has been adjusted to reflect the above matters, with the net result that Bapcor has issued an additional 27,040 Performance Rights to Mr Meehan in relation to FY22 .

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

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

Issue details

Number of +securities

27,040

For personal use only

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

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