Notification regarding unquoted securities - FOD

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

Announcement Summary

For personal use only

Entity name

THE FOOD REVOLUTION GROUP LIMITED

Date of this announcement

Thursday November 11, 2021

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
New class - code	Unlisted options @ $0.037, expiry 30 June 2025	20,000,000	11/11/2021
to be confirmed
New class - code	Unlisted Options @ $0.037, expiry 30 June 2025	5,000,000	11/11/2021
to be confirmed
New class - code	Unlisted options @ $0.037, expiry 30 June 2025	5,000,000	11/11/2021
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

THE FOOD REVOLUTION GROUP 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	Registration number
ABN	20150015446
1.3	ASX issuer code
FOD

1. The announcement is New announcement
2. Date of this announcement

11/11/2021

Notification of Issue, Conversion or Payment up of Unquoted

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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:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

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

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

only	ASX +security code				+Security description
	New class - code to be confirmed				Unlisted options @ $0.037, expiry 30 June 2025
	+Security type				ISIN code
	Options
use	Date the +securities the subject of this notification were issued
11/11/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
personal	Yes
Provide details of the KMP or +associates being issued +securities.
	Name of KMP		Name of registered holder	Number of +securities
				20,000,000
	Steven Cail		Steven Cail

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Options Details

For

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.03700000	30/6/2025

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

FOD ORDINARY FULLY PAID

Notification of Issue, Conversion or Payment up of Unquoted

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

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

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326732-6A1014242?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

only	5 million options issued shall vest on 12 November 2021
5 million options issued shall vest on 30 June 2022 - subject to delivery of FY22 budgeted net profit
		5 million options issued shall vest on 30 June 2023 - subject to delivery of FY23 budgeted net profit
		5 million options issued shall vest on 30 June 2024 - subject to delivery of FY24 budgeted net profit
	Issue details
use	Number of +securities
		20,000,000
personal	ASX +security code				+Security description
		New class - code to be confirmed				Unlisted Options @ $0.037, expiry 30 June 2025
		+Security type				ISIN code
		Options
		Date the +securities the subject of this notification were issued
		11/11/2021
		Will all the +securities issued in this class rank equally in all respects from their issue date?
		Yes
For	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
					5,000,000
		Ralf Huempel		Ralf Huempel

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

Notification of Issue, Conversion or Payment up of Unquoted

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