Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name INVION LIMITED Date of this announcement Monday November 22, 2021 The +securities the subject of this notification are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Total number of +securities to be issued/transferred ASX +security code Total number of +securities to be issued/transferred Security description Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/5 Issue date Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity INVION 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 76094730417 1.3 ASX issuer code IVX 1.4 The announcement is New announcement 1.5 Date of this announcement 22/11/2021 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/5 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: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Previous Appendix 3B details: Announcement Date and Time Announcement Title Selected Appendix 3B to submit quotation request 16-Nov-2021 11:03 New - Proposed issue of securities - IVX A placement or other type of issue 2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/5 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description Date the +securities the subject of this notification were issued 22/11/2021 Any other information the entity wishes to provide about the +securities the subject of this notification 30,000,000 options to broker for placement. Exercise price is $0.04 and expiry date is 18 months following date of issue. Issue details Number of +securities 30,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities 30,000,000 options to broker for placement. Exercise price is $0.04 and expiry date is 18 months following date of issue. Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/5 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue 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 of +securities on issue ASX +security code and description IVX : ORDINARY FULLY PAID 5,864,809,083 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description IVXAX : OPTION EXPIRING 22-OCT-2024 EX $0.0177 20,443,211 IVXAW : OPTION EXPIRING 01-JUL-2024 EX 2C 15,928,570 IVXAZ : OPTION EXPIRING 31-OCT-2024 EX $0.0106 2,725,762 IVXAA : OPTION EXPIRING 31-OCT-2024 EX NIL 7,313,661 IVXAT : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 199,434,880 IVXAV : OPTION EXPIRING 31-AUG-2024 EX 1.72C 20,443,211 IVXAU : OPTION EXPIRING 30-OCT-2023 EX 2C 2,725,761 IVXAY : OPTION EXPIRING 31-OCT-2024 EX $0.00 5,670,282 IVXAAC : OPTION EXPIRING 23-SEP-2025 EX $0.017 138,488,557 IVXAAA : OPTION EXPIRING 31-OCT-2024 EX NIL 2,556,462 IVXAAB : OPTION EXPIRING 31-OCT-2024 EX NIL 3,639,427 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/5