BRN 7.32% 19.0¢ brainchip holdings ltd

Ann: Change of Director's Interest Notice - Van Der Made, page-82

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    FYI: Definition of adjustments from the SPA:

    3.3
    Adjustments
    Notwithstanding anything else contained in this agreement if a Knockout Day occurs during the Pricing Period:
    (a) the number of Proposed Sale Shares will be reduced by 1/15th for every Knockout Day which occurs during the Pricing Period; and
    (b) in calculating the average VWAP in clause 3.2, the VWAP on any Knockout Day will be disregarded and the number of Trading Days comprising the Pricing Period will be reduced by the number of Knockout Days that occurring during that period.
 
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