Carbonxt : Proposed issue of securities - CG1

For personal use only

1.1 Name of +Entity

CARBONXT GROUP LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1. The announcement is New announcement
2. Date of this announcement

29/7/2022

1.6 The Proposed issue is: An accelerated offer

1.6b The proposed accelerated offer is

Accelerated non-renounceable entitlement offer (commonly known as a JUMBO or ANREO)

For personal use only

Offer price details for retail security holders

Has the offer price for the retail offer been determined?

Yes

Offer price details for institutional security holders

Has the offer price for the institutional offer been determined?

Yes

Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?

Yes

Describe the limits on over-subscription

Any Additional New Shares will be limited to the extent that there are sufficient New Shares from Eligible Shareholders who do not take up their full Entitlements. Subject to the foregoing, CG1 may apply any scale-back (in its absolute discretion).

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

In the event of a scale-back, the difference between the Application Monies received, and the number of Additional New Shares allocated to you multiplied by the offer price of $[#] will be refunded following allotment. No interest will be paid on any Application Monies received and returned

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

Yes

For personal use only

3D.1a First day of trading halt

29/7/2022

3D.1b Announcement date of accelerated offer

29/7/2022

3D.2 Trading resumes on an ex-entitlement basis (ex date)

2/8/2022

3D.5 Date offer will be made to eligible institutional +security holders

29/7/2022

3D.6 Application closing date for institutional +security holders

29/7/2022

3D.8 Announcement of results of institutional offer

(The announcement should be made before the resumption of trading following the trading halt)

2/8/2022

3D.9 +Record date

2/8/2022

3D.10a Settlement date of new +securities issued under institutional entitlement offer

9/8/2022

3D.10b +Issue date for institutional +security holders

10/8/2022

3D.10c Normal trading of new +securities issued under institutional entitlement offer

10/8/2022

3D.11 Date on which offer documents will be sent to retail +security holders entitled to participate in the +pro rata issue

5/8/2022

3D.12 Offer closing date for retail +security holders

2/9/2022

3D.13 Last day to extend retail offer close date

30/8/2022