Roots Sustainable Agricultural Technologies : Proposed issue of securities - ROO

Proposed issue of securities

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Proposed issue of securities

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Part 7A - Conditions

7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other

type of issue can proceed on an unconditional basis?

Yes

use

7A.1a Conditions

Approval/Condition

Date for determination

Is the date estimated or

** Approval

+Security holder approval

16/9/2021

actual?

received/condition met?

Actual

Yes

Comments

Shareholder approval received to issue up to 175,000,000 CDIs and 43,750,000 Options at the AGM held 16 September

personal

2021. The Company will seek shareholder approval to issue 120,192,308 free attaching placement options at an

upcoming General Meeting to be convened.

Part 7B - Issue details

Is the proposed security a 'New

Will the proposed issue of this

class' (+securities in a class that is

+security include an offer of

not yet quoted or recorded by ASX)

attaching +securities?

or an 'Existing class' (additional

Yes

securities in a class that is already

Proposed issue of securities

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Will these +securities rank equally in all respects from their issue date with

the existing issued +securities in that class?

Yes

Attaching +Security

use

Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX)

or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?

New class

Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)

personal

Details of attaching +securities proposed to be issued

ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

Have you received confirmation from ASX that the terms

Will the entity be seeking quotation of the 'new' class o

of the proposed +securities are appropriate and

+securities on ASX?

equitable under listing rule 6.1?

No

No

ASX +security code

+Security description

New class-code to be confirmed

Unlisted Options exercisable at $0.02 on or before 30

September 2023

+Security type

Options

Number of +securities proposed to be issued

For

40,064,103

Offer price details

Proposed issue of securities

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No

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If some of the issued +securities do not rank equally

Is the actual date from which the +securities will rank

equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

30 September 2023 (expiry date of options)

Please state the extent to which the +securities do not rank equally:

use

In relation to the next dividend, distribution or interest payment; or

For any other reason

https://www.asx.com.au/asxpdf/20210813/pdf/44z9b6df7z8ps9.pdf

Schedule 3

Options details

personal

+Security currency

approval for their issue

AUD - Australian Dollar

Exercise price

Expiry date

AUD 0.0200

30/9/2023

Details of the type of +security that will be issued if the option is exercised

ROO : CHESS DEPOSITARY INTERESTS 1:1

Number of securities that will be issued if the option is exercised

One fully paid ordinary CDI

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities

proposed to be issued or provide the information by separate announcement.

The Terms and Conditions of the Options will be included in a Notice of Meeting to be prepared in due course seeking

For

Details of attaching +securities proposed to be issued

Proposed issue of securities

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