Ann: Weebit Nano Retail Investor Briefings, page-26

No need to ask your question as it has already been answered. Coby has waived his right to bonuses related to Capital raisings in the 20 June 2023 announcement regarding variations to the CEO's contract (extract below).

Removal (in perpetuity) of Mr Hanoch’s entitlement to a Special Bonus. The entitlement to
this Special Bonus was waived by Mr Hanoch in relation to the most recent capital raising, and
would have been paid on that raising and any future capital raisings, calculated as 1% of any
amount raised between A$3 million to A$8 million, and 1.5% of capital raised above
A$8 million.

In relation to asking the CEO if a capital raise is planned this is a pointless exercise. The CEO should act in the best interests of the company and shareholders and in doing that should not be signalling if a CR is planned. All the people complaining that Coby indicated there was no need for a raise last time, should really think about what would have happened, had he answered differently. He did not lie in saying the company was well funded and did not need to raise funds in the short term. That is 100% accurate. That doesn't mean the company wont raise funds.

If he had of indicated in the briefing that we will look to raise funds shortly, straight away that would trigger selling and the collapsing of the share price meaning that more dilution would be required to achieve the same amount. This is not in the interest of shareholders, so the advice he provided last time was the best advice he could provide for shareholders. Anyone who is scared of capital raisings is better off not investing in pre revenue stocks and anyone who expects a CEO to signal to the market that a CR is imminent needs to give a little thought to what would be in the best interest of the company and by extension shareholders.

Just my thoughts.