Beroni : Issue of Employee Options

www.nsxa.com.au

ABN: 11 000 902 063

Application for Quotation of Additional Securities

File Reference:

I:IssuersFormswebsite formsdocuments 2016issuersNSX Quotation of Additional Securities.doc

	Application for quotation of additional securities
Table of Contents
INTRODUCTION .....................................................................................................................	2
NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT ..........................................................................................	3
PART 1	- ALL ISSUES............................................................................................................	3
PART 2	- BONUS ISSUE OR PRO RATA ISSUE.................................................................	6
PART 3	- QUOTATION OF SECURITIES ..............................................................................	8
ADDITIONAL SECURITIES FORMING A NEW CLASS OF SECURITIES ..............................................	8
QUOTATION AGREEMENT .................................................................................................	10

Introduction

To ensure the efficient processing of this form by NSX, please:

1. Adhere to the suggested number of the annexures required by this form.
2. Complete all statements and questions in this form. (NSX can provide an electronic version of this form on request).

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Application for quotation of additional securities

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to NSX as soon as available. Information and documents given to NSX become NSX's property and may be made public.

Introduced 11 March 2004. Revised 7 March 2016.

Name of entity

Beroni Group Limited

ABN/ACN

613 077 526

We (the entity) give NSX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 Class of securities issued or to be	1.	Options exercisable at US$1.25 expiring
issued		30 June 2025
	2.	Options exercisable at US$1.50 expiring
		30 June 2025
	3.	Options exercisable at US$1.75 expiring
		30 June 2025
	4.	Options exercisable at US$2.25 expiring
		30 June 2025

1. Number of securities issued or to be issued (if known) or maximum number which may be issued
2. Principal terms of the securities (eg, if options, exercise price and expiry date; if partly paid
   securities, the amount outstanding and due dates for payment; if convertible securities, the conversion price and dates for conversion)

1. 95,000
2. 50,000
3. 35,000
4. 35,000

N/A

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Application for quotation of additional securities

1. Do the securities rank equally in all respects from the date of allotment with an existing class of quoted securities?
   If the additional securities do not rank equally, please state:
2. • the date from which they do
   • the extent to which they participate for the next dividend, (in the case of a trust,
     distribution) or interest payment
   • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
3. Issue price or consideration
4. Purpose of the issue
   (If issued as consideration for the acquisition of assets, clearly identify those assets)

Yes

Nil

Issued to service providers in lieu of cash

1. Dates of entering securities into
   uncertificated holdings or despatch of certificates
2. Number and class of all securities quoted on NSX (including the securities in clause 2 if applicable)

2 March 2022

Number	Class
76,638,372	Fully paid Ordinary
	shares

NumberClass

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Application for quotation of additional securities

9 Number and class of all securities not quoted on NSX (including the securities in clause 2 if applicable)

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

10,067,500	Options exercisable at
	US$1.25 expiring 30
	June 2025
3,592,500	Options exercisable at
	US$1.5 expiring 30
	June 2025
3,592,500	Options exercisable at
	US$1.75 expiring 30
	June 2025
4,315,000	Options exercisable at
	US$2.25 expiring 30
	June 2024
20,000	Convertible Notes
7,030	Redeemable Notes

N/A

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