Ann: Section 708A Cleansing Notice and Appendix 2A, page-14

*The purpose(s) for which the entity is issuing the securities is: : Issue of fully paid ordinary shares to Alto Opportunity Master Fund SPC – Segregated Master Portfolio B in accordance with the Convertible Securities Purchase Agreement dated 23 September 2019.

Refer to announcement released on 23 September 2019 titled “Zero Coupon Amortising Securities Purchase Agreement”

How many +securities are being issued without +security holder approval using the entity’s 15% placement capacity under listing rule 7.1?: 30,420,738

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted: AUD $395,469.59

Deemed issue price of $0.013 (1.3 cents) per share.

Total number securities on issue (Ordinary Fully Paid Shares): 769,791,175 (inclusive of the newly issued ordinary fully paid shares).

If Alto decide to sell their newly issued shares, at current market prices, they will make a cool AUD $243,366.