Firstwave Cloud Technology : Notification regarding unquoted securities - FCT

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

Entity name

For personal use only

FIRSTWAVE CLOUD TECHNOLOGY LIMITED

Date of this announcement Friday April 08, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security	+securities to be
code	Security description	issued/transferred	Issue date
FCTAZ	SERVICE RIGHTS	4,292,506	07/04/2022

Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity

FIRSTWAVE CLOUD TECHNOLOGY LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ABN

1.3 ASX issuer code FCT

1.4 The announcement isNew announcement

1.5 Date of this announcement 8/4/2022

Registration number 35144733595

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

ASX +security code and description

FCTAZ : SERVICE RIGHTS

Date the +securities the subject of this notification were issued 7/4/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

4,292,506

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

For details on the terms of the Company's Rights Plan, please refer to the Notice of EGM held on 29 July 2020. URL:https://www.asx.com.au/asxpdf/20200630/pdf/44k2l1bdf8hmf0.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Not applicable.

Issue details

Number of +securities

4,292,506

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 4 - +Securities on issue

For personal use only

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

Total number ofASX +security code and description

+securities on issue

FCT : ORDINARY FULLY PAID

1,660,796,258

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Total number of

ASX +security code and description	+securities on issue
FCTAAB : SHARE APPRECIATION RIGHTS	9,277,165
FCTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	31,559,333
FCTAZ : SERVICE RIGHTS	20,464,448
FCTAAA : RESTRICTED RIGHTS	5,588,298
FCTAG : PERFORMANCE RIGHTS	2,575,739

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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