Announcement PDF Appendix 3B - Proposed issue of securities Announcement Summary Entity name SPECTUR LIMITED Announcement Type New announcement Date of this announcement 1/5/2024 The Proposed issue is: A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS) Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS) ASX +security code +Security description New class-code to be confirmed Options EX $0.029 EXP 30 May 2025 Maximum Number of +securities to be issued 12500000 Closing date for receipt of acceptances 24/5/2024 Proposed +issue date 30/5/2024 Refer to next page for full details of the announcement Appendix 3B - Proposed issue of securities 1/6 Appendix 3B - Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity SPECTUR LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type Registration Number ACN 140151579 1.3 ASX issuer code SP3 1.4 The announcement is New announcement 1.5 Date of this announcement 1/5/2024 1.6 The Proposed issue is: A non-+pro rata offer of +securities under a +disclosure document or +PDS Appendix 3B - Proposed issue of securities 2/6 Appendix 3B - Proposed issue of securities Part 5 - Details of proposed non-pro rata offer under a +disclosure document or +PDS Part 5A - Conditions 5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of +securities under a +disclosure document or + PDS can proceed on an unconditional basis? No Part 5B - Offer details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? New class Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? No Will the entity be seeking quotation of the 'new' class of +securities on ASX? No ASX +security code +Security description New class-code to be confirmed Options EX $0.029 EXP 30 May 2025 +Security type Options The number of +securities to be offered under the +disclosure document or +PDS 12,500,000 Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)? Yes Describe the minimum subscription condition The Offer is conditional upon and open to Investors who participated in the Placement announced on 23 April 2024. Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance Appendix 3B - Proposed issue of securities 3/6 Appendix 3B - Proposed issue of securities minimum number or value of +securities (i.e. a minimum acceptance condition)? No Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)? No Offer price details Has the offer price been determined? No How and when will the offer price be determined? The Options are free attaching options to the Placement Shares, offered on a one for one basis for every placement share issued, as announced on 23 April 2024 Will the offer price be determined by way of a bookbuild? No Oversubscription & Scale back details Will the entity be entitled to accept over-subscriptions? No Will a scale back be applied if the offer is over-subscribed? No Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Options details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.0290 30/5/2025 Details of the type of +security that will be issued if the option is exercised SP3 : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised One fully paid ordinary share for every one option exercised. Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. A Prospectus detailing the Offer terms will be lodged with ASX on 3 May 2024. Appendix 3B - Proposed issue of securities 4/6 Appendix 3B - Proposed issue of securities Part 5C - Timetable 5C.1 Lodgement date of +disclosure document or +PDS with ASIC 3/5/2024 5C.2 Date when +disclosure document or +PDS and acceptance forms will be made available to investors 10/5/2024 5C.3 Offer open date 10/5/2024 5C.4 Closing date for receipt of acceptances 24/5/2024 5C.6 Proposed +issue date 30/5/2024 Part 5D - Listing Rule requirements 5D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? No 5D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes 5D.1b ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 12,500,000 Options 5D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No 5D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No Part 5E - Fees and expenses 5E.1 Will there be a lead manager or broker to the proposed offer? No 5E.2 Is the proposed offer to be underwritten? No 5E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No 5E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer Refer Prospectus to be lodged 3 May 2024 Appendix 3B - Proposed issue of securities 5/6 Appendix 3B - Proposed issue of securities Part 5F - Further Information 5F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue The Offer is an offer of free attaching options to the Placement Participants announced 23 April 2024. Placement funds will be used to fully repay the $250,000 debt currently owing. 5F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? No 5F.2 Please explain the entity's allocation policy for the offer, including whether or not acceptances from existing +security holders will be given priority The Offer is only open to participants who participated in the Placement announced on 23 April 2024 5F.3 URL on the entity's website where investors can download the +disclosure document or +PDS https://investorhub.spectur.com.au/announcements 5F.4 Any other information the entity wishes to provide about the proposed offer An offer of New Options is made to the Placement participants on the same basis as the Entitlement Offer (i.e. one attaching New Option for every share received under the Placement). Appendix 3B - Proposed issue of securities 6/6