Ann: Application for quotation of securities - K2F, page-3

Devil is in the detail - Conversion of Performance Shares in relation to the Decipher acquisition (refer ASX announcement 1 February 2021, 24
February 2023 and 13 March 2024)

Essentially holders (CSBP Limited (CSBP) and Wesfarmers Chemicals, Energy & Fertilisers Limited (WesCEF) is now receiving shares that are trading at a fraction of their proposed value of 2021... and even then it is only 867k shares of 5.3 million that formed part of original consideration.