Re Scale Back:
15. Scale-back
(a) The SPP Offer aims to raise A$3 million. WBT may, in its absolute discretion, reduce the
number of New Shares allotted to each applicant to the extent and in the manner that it sees
fit, including if the aggregate amount applied for by all Eligible Shareholders exceeds WBT’s
requirements (Scale-back). If undertaken, the Scale-back will take into account the application
size of each applicant and the number of Shares held on the Record Date.
(b) If there is a Scale-back, you may receive less than the parcel of New Shares for which you
have applied.
(c) If there is a Scale-back, the difference between the application money received from you, and
the number of New Shares allocated to you multiplied by the Issue Price, will be refunded by
WBT, without interest, following allotment.
(d) If a Scale-back produces a fractional number of New Shares when applied to your parcel, the
number of New Shares you will be allotted will be rounded down to the nearest whole number
of New Shares.
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