Adoption of New Constitution

For personal use only

11 November 2021

ASX ANNOUNCEMENT

ADOPTION OF REPLACEMENT CONSTITUTION

In accordance with ASX Listing Rule 15.4.2, a copy of NeuroScientific Biopharmaceuticals Limited's (ASX:NSB) replacement Constitution, as approved and adopted by Shareholders at the Annual General Meeting held today, 11 November 2021, is attached.

This announcement is authorised for release by the NeuroScientific Biopharmaceuticals Limited Company Secretary.

Yours faithfully

Abby Macnish Niven

Company Secretary

END

Announcement authorised by the Board of Directors of NeuroScientific Biopharmaceuticals

Contacts
Matthew Liddelow	Abby Macnish Niven
CEO and Managing Director	CFO & Company Secretary
[e-mail]	[e-mail]
[phone]	[phone]

For personal use only

CORPORATIONS ACT 2001

CONSTITUTION

of

NeuroScientific Biopharmaceuticals Ltd

ACN 102 832 995

Adopted by Special Resolution of the members on 11 November 2021

For personal use only

C O N T E N T S

1.	INTERPRETATION............................................................................................................................	1
	1.1	Definitions ......................................................................................................................	1
	1.2	Interpretation ................................................................................................................	3
	1.3	Corporations Act Definitions .......................................................................................	4
	1.4	Status of Constitution ...................................................................................................	4
	1.5	General Authorisation..................................................................................................	4
	1.6	Displacement of Replaceable Rules .........................................................................	5
	1.7	Enforceability ................................................................................................................	5
	1.8	Jurisdiction.....................................................................................................................	5
2.	SHARE CAPITAL AND VARIATION OF RIGHTS .............................................................................	5
	2.1	Rights Attaching to Shares ..........................................................................................	5
	2.2	Issue of Shares ...............................................................................................................	5
	2.3	Share Options ...............................................................................................................	5
	2.4	Variation of class rights ................................................................................................	5
	2.5	Effect of share issue on class rights.............................................................................	6
	2.6	Preference Shares ........................................................................................................	6
	2.7	Recognition of Trusts ....................................................................................................	6
	2.8	Unregistered Interests...................................................................................................	6
	2.9	Share Certificates and Share Option Certificates....................................................	6
	2.10	Section 1071H of the Corporations Act .....................................................................	7
	2.11	Commissions..................................................................................................................	7
	2.12	Restricted Securities .....................................................................................................	7
	2.13	Non-Issue or Cancellation of Certificate ...................................................................	8
	2.14	No Prohibition on Foreign Ownership ........................................................................	8
	2.15	Payment of Interest out of Capital.............................................................................	8
3.	MINIMUM SECURITIES HOLDING..................................................................................................	8
	3.1	Effect of this Clause......................................................................................................	8
	3.2	Definitions ......................................................................................................................	8
	3.3	Minimum Securities Holding ........................................................................................	9
	3.4	Sale of Listed Securities of Minority Holder ................................................................	9
	3.5	Acceptance of Offer...................................................................................................	9
	3.6	Appointment of Attorney ..........................................................................................	10
	3.7	Transfer.........................................................................................................................	10
	3.8	Proceeds of Sale.........................................................................................................	10
	3.9	Receipt of Proceeds ..................................................................................................	10
	3.10	Registration of Purchaser...........................................................................................	10
	3.11	Remedies Limited .......................................................................................................	11
	3.12	Cost of Sale of Listed Securities.................................................................................	11
	3.13	Exemption from clause 3 ...........................................................................................	11
	3.14	Notice to Exempt........................................................................................................	11
	3.15	Takeover Offer or Announcement...........................................................................	11
	3.16	Use by Company of Clause 3 ...................................................................................	12
	3.17	Notice to New Minority Holders ................................................................................	12
4.	UNCERTIFICATED HOLDINGS AND ELECTRONIC TRANSFERS...................................................	12
	4.1	Electronic or Computerised Holding........................................................................	12
	4.2	Statement of Holdings ...............................................................................................	12
	4.3	Share Certificates .......................................................................................................	12
	4.4	Listing Rules..................................................................................................................	12
5.	LIEN ..............................................................................................................................................	13
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	5.1	Lien for Members Debts.............................................................................................	13
	5.2	Generally .....................................................................................................................	13
	5.3	Exemption....................................................................................................................	14
	5.4	Dividends.....................................................................................................................	14
	5.5	Sale of Shares..............................................................................................................	14
	5.6	Restrictions on Sale.....................................................................................................	14
	5.7	Person Authorised to Sign Transfers ..........................................................................	15
	5.8	Proceeds of Sale.........................................................................................................	15
	5.9	Protection of Lien under ASX Settlement Operating Rules ...................................	15
	5.10	Further Powers re Forfeited Shares and Liens..........................................................	15
6.	CALLS ON SHARES ......................................................................................................................	15
	6.1	Calls..............................................................................................................................	15
	6.2	Payment of Calls ........................................................................................................	15
	6.3	Quoted Shares............................................................................................................	16
	6.4	Unquoted Shares ........................................................................................................	16
	6.5	Joint Liability ................................................................................................................	16
	6.6	Deemed Calls .............................................................................................................	16
	6.7	Differentiation between Shareholders.....................................................................	16
	6.8	Payments in Advance of Calls..................................................................................	16
	6.9	Outstanding Moneys..................................................................................................	17
	6.10	Revocation/Postponement or Extension.................................................................	17
	6.11	Compliance with Listing Rules and Corporations Act ...........................................	17
	6.12	Waive ...........................................................................................................................	17
7.	FORFEITURE OF SHARES ..............................................................................................................	17
	7.1	Failure to Pay Call.......................................................................................................	17
	7.2	Forfeiture......................................................................................................................	17
	7.3	Sale of Forfeited Shares .............................................................................................	18
	7.4	Continuing Liability .....................................................................................................	18
	7.5	Officer's Statement Prima Facie Evidence .............................................................	18
	7.6	Procedures ..................................................................................................................	18
	7.7	Listing Rules and ASX Settlement Operating Rules .................................................	18
	7.8	Waive ...........................................................................................................................	18
8.	TRANSFER OF SHARES .................................................................................................................	19
	8.1	Form of Transfer...........................................................................................................	19
	8.2	CHESS Transfers ...........................................................................................................	19
	8.3	Participation in CHESS................................................................................................	19
	8.4	Registration Procedure ..............................................................................................	19
	8.5	Power to Refuse to Register ......................................................................................	20
	8.6	Closure of Register......................................................................................................	20
	8.7	Retention of Transfers by Company.........................................................................	20
	8.8	Power to suspend registration of transfers...............................................................	20
	8.9	Powers of Attorney .....................................................................................................	20
	8.10	Other Securities...........................................................................................................	20
	8.11	Branch Register...........................................................................................................	20
	8.12	Compliance with ASX Settlement Operating Rules ...............................................	21
	8.13	Issuer Sponsored Subregister .....................................................................................	21
	8.14	Transferor Holds Shares until Registration of Transfer ..............................................	21
	8.15	Waive ...........................................................................................................................	21
9.	TRANSMISSION OF SHARES ........................................................................................................	21
	9.1	Death of Shareholder Leaving a Will .......................................................................	21

9.2 Death or Bankruptcy of Shareholder or the Shareholder becomes of unsound

mind .............................................................................................................................	21
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	9.3	Registration by Transmission or to Beneficiary.........................................................	22
	9.4	Limitations to Apply ....................................................................................................	22
	9.5	Death of a Joint Holder .............................................................................................	22
	9.6	Joint Personal Representatives .................................................................................	22
	9.7	ASX Settlement Transfer .............................................................................................	22
	9.8	Joint Holders................................................................................................................	22
10.	CHANGES TO CAPITAL STRUCTURE ...........................................................................................	22
	10.1	Alterations to Capital.................................................................................................	22
	10.2	Reduction of Capital .................................................................................................	23
	10.3	Buy-Backs ....................................................................................................................	23
	10.4	Financial assistance ...................................................................................................	23
	10.5	Fractions ......................................................................................................................	23
11.	WRITTEN RESOLUTIONS ...............................................................................................................	24
12.	GENERAL MEETINGS ...................................................................................................................	24
	12.1	Convening of General Meetings of Shareholders by Directors' Resolution........	24
	12.2	Change of place or postponement of a General Meeting of Shareholders.....	24
	12.3	Convening of General Meetings of Shareholders by a Director or requisition...	24
	12.4	Cancellation of a General Meeting of Shareholders ............................................	24
	12.5	Notice ..........................................................................................................................	25
	12.6	Irregularities in giving notice......................................................................................	25
	12.7	Business at General Meeting ....................................................................................	25
	12.8	Notice to Home Branch.............................................................................................	25
	12.9	Annual General Meeting ..........................................................................................	26
13.	PROCEEDINGS AT GENERAL MEETINGS ....................................................................................	26
	13.1	Quorum........................................................................................................................	26
	13.2	Persons Entitled to Attend a General Meeting.......................................................	26
	13.3	Refusal of Admission to Meetings .............................................................................	26
	13.4	Insufficient room .........................................................................................................	27
	13.5	Chairperson.................................................................................................................	27
	13.6	Vacating Chair ...........................................................................................................	27
	13.7	Disputes Concerning Procedure ..............................................................................	27
	13.8	General Conduct.......................................................................................................	27
	13.9	Adjournment ...............................................................................................................	28
	13.10	Notice of Resumption of Adjourned Meeting ........................................................	28
	13.11	How resolutions are decided ....................................................................................	28
	13.12	Casting Vote ...............................................................................................................	28
	13.13	Voting Rights ...............................................................................................................	28
	13.14	Voting - Show of Hands .............................................................................................	28
	13.15	Results of Voting .........................................................................................................	29
	13.16	Poll ................................................................................................................................	29
	13.17	Manner of Taking Poll.................................................................................................	29
	13.18	Meeting May Continue .............................................................................................	29
	13.19	Voting by Joint Holders..............................................................................................	29
	13.20	Shareholder under Disability .....................................................................................	29
	13.21	Payment of Calls ........................................................................................................	30
	13.22	Objection to Voting ...................................................................................................	30
	13.23	Restrictions on voting .................................................................................................	30
	13.24	Proxies ..........................................................................................................................	30
	13.25	Electronic Appointment of Proxy..............................................................................	31
	13.26	Name of proxy ............................................................................................................	31
	13.27	Incomplete proxy appointment ...............................................................................	31
	13.28	No right to speak or vote if appointing Shareholder present ...............................	31
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