They did but were extended by agreement of both parties under...

They did but were extended by agreement of both parties under the terms/conditions of the original CN agreement/s.

The only CN's that were converted to BCI shares in 2024 were as a result of the Feb 2024 A$315 MILLION FULLY UNDERWRITTEN EQUITY
RAISING.

As a result of that raising, two relatively small CN's were converted, owned by AusSuper and Ryder.

1/2/2024
Conversion of existing convertible notes
In addition to the Equity Raising, it is proposed that:
(a) all 2023 convertible notes (in each case, with an aggregate face value of A$30 million plus capitalised interest) issued to each of Wroxby and AustralianSuper on 10 July 2023 will convert into BCI shares; and
(b) all 2023 convertible notes (with an aggregate face value of A$25 million plus capitalised interest) issued to Ryder Capital Ltd and an associated entity, Ryder Capital Management Pty Ltd, on 20 October 2023 will convert into BCI shares,
in accordance with the terms of the relevant convertible note documents.

So still a few CN's to be converted.