Announcement PDF Proposed issue of securities Update Summary Entity name SPECTUR LIMITED Announcement Type Update to previous announcement Date of this announcement 23/10/2023 Reason for update to a previous announcement Update for final calculation of VWAP for D Cooper shares in lieu of director fees for the period 1 April 2023 to 30 September 2023. Refer to next page for full details of the announcement Proposed issue of securities 1/5 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 ABN 79140151579 1.3 ASX issuer code SP3 1.4 The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement Update for final calculation of VWAP for D Cooper shares in lieu of director fees for the period 1 April 2023 to 30 September 2023. 1.4b Date of previous announcement to this update 28/5/2023 1.5 Date of this announcement 23/10/2023 1.6 The Proposed issue is: A placement or other type of issue Proposed issue of securities 2/5 Proposed issue of securities Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes 7A.1a Conditions Approval/Condition Date for determination +Security holder approval 23/11/2023 Is the date estimated or actual? ** Approval received/condition met? Actual Comments The final number of shares calculated at the VWAP for Spectur shares traded each month over the service period, and detailed in the Notice of Meeting for the AGM. Part 7B - Issue 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)? Existing class Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ASX +security code and description SP3 : ORDINARY FULLY PAID Number of +securities proposed to be issued 2,386,021 Reason for the update of 'Number of +securities proposed to be issued' Final calculation based upon actual VWA share price. Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Proposed issue of securities 3/5 Proposed issue of securities consideration? No Please describe the consideration being provided for the +securities Non-executive Chair fees for director Darren Cooper for the 6 month period from 1 April 2023 to 30 September 2023. Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 52,500.000000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Part 7C - Timetable 7C.1 Proposed +issue date 27/11/2023 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 23/11/2023 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? Yes 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? No Proposed issue of securities 4/5 Proposed issue of securities 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue None. Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities In lieu of Director fees for Chair Darren Cooper for the 6 month period from 1 April 2023 to 30 September 2023. 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue Update to Appendix 3B lodged on 29 May 2023, for the actual number of shares proposed to be issued calculated at the VWAP for shares traded each month over the service period. 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f) Proposed issue of securities 5/5