Ann: Application for quotation of securities - RAC, page-2

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    11.2% of the Bonus Options were exercised since the last announcement.

    The blue "Board & CEO" represents the options that Mary, Phil and Daniel have committed to exercise. As they have now started to exercise their options, and it is not known how many exercised options are in this announcement, I have stopped identifying this separate category. Should I obtain information that would allow me to identify the non-exercised "Board & CEO" options, I could reinstate this category.

    The light grey "Investigator AML (75%)" represents the remaining Bonus Options to be exercised to reach the 75% threshold of total Bonus Options exercised required to fund the proposed Australian Investigator-led AML trial.

    The dark grey " Remaining to 100%" represents the remaining Bonus Options above the 75% Investigator-led AML trial threshold (i.e., the balance of the Bonus Options).
 
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