Announcement PDF 1 FBR Limited ACN 090 000 276 Notice of General Meeting Notice is given that the Meeting will be held at: Time: 10:00 am (WST) Date: 23 September 2026 Place: 88 Sultana Road West High Wycombe WA 6057 The business of the Meeting affects your shareholding and your vote is important. This Notice of Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting. The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Meeting are those who are registered Shareholders at 7:00pm (Sydney time) on 21 September 2026. 2 Business of the Meeting Agenda 1. Resolution 1 – Ratification of a prior issue – First Tranche Convertible Notes To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders ratify the issue of 500,000 Convertible Notes to SBC Global Investment Fund on the terms and conditions set out in the Explanatory Statement.” Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on behalf of SBC Global Investment Fund, or any of its associates. 2. Resolutions 2(a) to 2(c) – Ratifications of prior issues of Shares and Options to SBC Global Investment Fund – First Tranche To consider and, if thought fit, to pass, with or without amendment, each of the following resolutions as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders ratify the issue of: (a) the First Tranche Placement Shares; (b) the First Tranche Establishment Fee Shares; and (c) the First Tranche Options, to SBC Global Investment Fund on the terms and conditions set out in the Explanatory Statement.” Voting Exclusion: The Company will disregard any votes cast in favour of each of the Resolutions by or on behalf of SBC Global Investment Fund (or its nominees), or any associates of those persons. 3. Resolution 3 – Approval to issue Shares on conversion of the First Tranche Convertible Notes To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders approve the issue of Shares on conversion of the First Tranche Convertible Notes on the terms and conditions set out in the Explanatory Statement.” Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on behalf of SBC Global Investment Fund (or its nominee(s)), or any other person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company), or any associates of those persons. 3 4. Resolution 4 – Approval to issue the Second Tranche Convertible Notes To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders approve the issue of 500,000 Convertible Notes to SBC Global Investment Fund (or its nominee(s)) on the terms and conditions set out in the Explanatory Statement.” Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on behalf of SBC Global Investment Fund (or its nominee(s)), or any other person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company), or any associates of those persons. 5. Resolutions 5(a) to 5(c) – Approval to issue Shares and Options in relation to the Second Tranche Convertible Notes To consider and, if thought fit, to pass, with or without amendment, each of the following resolutions as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders ratify the issue of: (a) the Second Tranche Placement Shares; (b) the Second Tranche Establishment Fee Shares; and (c) the Second Tranche Options, on the terms and conditions set out in the Explanatory Statement.” Voting Exclusion: The Company will disregard any votes cast in favour of each of the Resolutions by or on behalf of SBC Global Investment Fund (or its nominee(s)), or any other person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company), or any associates of those persons. Dated: 24 August 2026 By order of the Board Rhys Waldon Company Secretary 4 Voting exclusion statements Each Voting Exclusion Statement that applies to a Resolution as noted in the Agenda, does not apply to a vote cast in favour of that Resolution by: (a) a person as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or (b) the Chair of the meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the chair to vote on the Resolution as the Chair decides; or (c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: (i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and (ii) the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting in person To vote in person, attend the Meeting at the time, date and place set out above. Voting by proxy To vote by proxy, please complete and sign the enclosed Proxy Form and return by the time and in accordance with the instructions set out on the Proxy Form. In accordance with section 249L of the Corporations Act, Shareholders are advised that: (a) each Shareholder has a right to appoint a proxy; (b) the proxy need not be a Shareholder of the Company; and (c) a Shareholder who is entitled to cast 2 or more votes may appoint 2 proxies and may specify the proportion or number of votes each proxy is appointed to exercise. If the member appoints 2 proxies and the appointment does not specify the proportion or number of the member’s votes, then in accordance with section 249X(3) of the Corporations Act, each proxy may exercise one-half of the votes. Shareholders and their proxies should be aware that changes to the Corporations Act made in 2011 mean that: (a) if proxy holders vote, they must cast all directed proxies as directed; and (b) any directed proxies which are not voted will automatically default to the Chair, who must vote the proxies as directed. Should you wish to discuss the matters in this Notice of Meeting please do not hesitate to contact the Company Secretary on +61 8 9380 0240. 5 Explanatory Statement This Explanatory Statement has been prepared to provide information which the Directors believe to be material to Shareholders in deciding whether or not to pass the Resolutions. 1. Background to the Resolutions 1.1 General On 20 July 2026, the Company announced it had entered into a Convertible Security Agreement (Agreement) with SBC Global Investment Fund (SBC) pursuant to which FBR will have access to funding of up to $3.87 million subject to the terms of the Agreement. The Agreement comprises: (a) the first and second tranche each with a purchase price of $450,000 in consideration for which FBR will issue 500,000 convertible notes each with a face value of $1 (Convertible Notes); (b) subject to mutual agreement between FBR and SBC, the third and fourth tranche each with a purchase price of $450,000 in consideration for which FBR will issue 500,000 Convertible Notes; (c) additional tranches as may be mutually agreed between FBR and SBC up to an aggregate issue price of $1.62 million; and (d) an optional tranche at SBC’s election with an issue price of up to $450,000, in each case on the terms and conditions set out in the Agreement, including no tranche being completed more than 12 months after the date of the Agreement. In relation to each tranche of Notes purchased, the Company is required to issue SBC 4,000,000 Shares (Placement Shares) and the Noteholder Options and pay a 3% establishment fee calculated on the face value of the Notes purchased (Establishment Fee). The establishment fee may be paid in cash or the Company may elect to satisfy this through the issue of Shares at a deemed issue price per Share equal to the VWAP on the trading day immediately prior to the purchase date of the relevant Notes (Establishment Fee Shares). The quantity of Noteholder Options is 50% of the aggregate face value of the Notes being purchased divided by the VWAP on the trading day immediately prior to the relevant purchase date, rounded down to the lowest Rounding Margin. The exercise price of the Noteholder Options is 130% of the VWAP on the trading day immediately prior to the day on which the relevant purchase occurs and the expiry date is 36 months after the date of issue. The Noteholder Options are otherwise issued on the terms and conditions set out in Schedule 3. The Placement Shares may be used by SBC to offset the issue of Shares to SBC upon conversion of the Notes with any Placement Shares still on issue when there is no amount outstanding under the Agreement to be either acquired by SBC or sold with the proceeds remitted to FBR. All tranches other than the first tranche are subject to FBR obtaining prior shareholder approval to the relevant issues. The First Tranche Convertible Notes and the First Tranche Placement Shares, First Tranche Establishment Fee Shares and First Tranche Options were issued using FBR’s available Listing Rule 7.1 capacity. The aggregate maximum number of securities (excluding securities the issue of which has been ratified by Shareholders under ASX Listing Rule 7.4) that the Company may or is required to issue on one or more conversions of the First Tranche Convertible Notes, without the Company obtaining prior Shareholder approval is 18,600,000 Shares (Maximum Number). 6 The terms and conditions of the Convertible Notes are set out in Schedule 1 and a summary of the key terms of the Agreement are set out in Schedule 2. For further information in relation to the Agreement refer to the Company’s announcement on 20 July 2026 and the convertible note cleansing statement dated 21 July 2026. 1.2 ASX Listing Rule 6.1 ASX Listing Rule 6.1 requires any convertible securities issued by a company to be issued on terms that are considered appropriate and equitable. In determining whether the convertible securities are appropriate and equitable, the terms and conditions of the convertible securities must be fair to both new and existing shareholders of the company. If the convertible securities appear to be favourable to the holder of the convertible securities, the company is required to explain the circumstances underpinning the issue of the convertible securities. The Company provides the following information for the purposes of section 4 of ASX Compliance Update No 05/20 and ASX Compliance Update No 05/23: (a) FBR negotiated the Agreement at arm’s length with a sophisticated and professional investor who is an independent third party to the Company; (b) FBR considers that the issue of the convertible notes is an appropriate and commercial solution to provide working capital to enable FBR to support its ongoing business activities; (c) prior to entering into the Agreement, FBR considered other available fundraising options, such as a traditional equity raising and other types of equity-linked debt instruments to meet FBR’s funding requirements. FBR was of the view that the other options available were not on the same commercial terms and were therefore not in the best interests of shareholders of FBR; and (d) FBR has agreed to issue Placement Shares to SBC with the intention that the Placement Shares are available to be used to offset any future issues of Shares to SBC (at its discretion) in the event of conversion of the Convertible Notes. The Company sought legal advice from a suitably qualified and experienced lawyer regarding the suitability of the terms of the Convertible Notes and was advised that the Convertible Notes were market standard and do not contain any of the features in section 5.9 of Guidance Note 21, based on the reasons set out below: (e) conversion of the Convertible Notes is either at a fixed price or at a price based on the market price of Shares and not some other variable; (f) the Convertible Notes convert into ordinary shares in the capital of the Company and not into other convertible securities; and (g) there are other convertible notes on similar terms in the market place. 1.3 Shareholder approvals The Company seeks Shareholder approval to: (a) Resolution 1: ratify the issue of the First Tranche Convertible Notes; (b) Resolutions 2(a) to 2(c): ratify the issue of the First Tranche Placement Shares, First Tranche Establishment Fee Shares and First Tranche Options issued in relation to the First Tranche Convertible Notes; (c) Resolution 3: issue Shares on conversion of the First Tranche Convertible Notes to the extent the Maximum Number would be exceeded; 7 (d) Resolution 4: issue the Second Tranche Convertible Notes; and (e) Resolutions 5(a) to 5(c): issue the Second Tranche Placement Shares, Second Tranche Establishment Fee Shares and Second Tranche Options issued in relation to the Second Tranche Convertible Notes. 2. Resolution 1 – Ratification of a prior issue – First Tranche Convertible Notes 2.1 General The First Tranche Convertible Notes were issued using the Company’s placement capacity under Listing Rule 7.1. The First Tranche Convertible Notes are convertible into Shares. The quantity of Shares is determined by dividing the face value of the Notes being converted by the Conversion Price. Notwithstanding the above, the aggregate maximum number of securities (excluding securities the issue of which has been ratified by Shareholders under ASX Listing Rule 7.4) that the Company may or is required to issue on one or more conversions of the First Tranche Convertible Notes, without the Company obtaining prior Shareholder approval is 18,600,000 Shares (Maximum Number). Resolution 1 seeks Shareholder approval to ratify the issue of the First Tranche Convertible Notes. For illustrative purposes only, the table below shows an example of the number of Shares that may be issued on conversion of the First Tranche Convertible Notes at various conversion prices. Conversion Price Number of Shares issued on conversion % of total Shares immediately following conversion2 Fixed Conversion Price ($0.17) 2,941,177 2.05% Variable Conversion Price ($0.11)1 4,545,455 3.17% 50% of Variable Conversion Price 9,090,910 6.34% 150% of Variable Conversion Price 3,030,304 2.11% Notes: 1. As at the Disclosure Date. 2. Based on the number of Shares on issue at the Disclosure Date (143,434,531) and assuming no other convertible securities are converted into Shares. 2.2 ASX Listing Rule 7.1 ASX Listing Rule 7.1 provides that a company must not, subject to specified exceptions, issue or agree to issue more equity securities during any 12-month period than that amount which represents 15% of the number of fully paid ordinary securities on issue at the commencement of that 12 month period (Placement Capacity). 2.3 ASX Listing Rule 7.4 ASX Listing Rule 7.4 sets out an exception to ASX Listing Rule 7.1. It provides that where a company in general meeting ratifies the previous issue of securities made pursuant to ASX Listing Rule 7.1 (and provided that the previous issue did not breach ASX Listing Rule 7.1) those securities will be deemed to have been made with shareholder approval for the purpose of ASX Listing Rule 7.1. 8 2.4 Effect of the Resolution The issue of First Tranche Convertible Notes did not fit within any of the exceptions from ASX Listing Rule 7.1 and was not subject to prior Shareholder approval. The issue effectively used up a portion of the available Placement Capacity under ASX Listing Rule 7.1, reducing the Company’s capacity to issue further equity securities without Shareholder approval under ASX Listing Rule 7.1 for the 12-month period following the date of their issue. At the time of issue, sufficient placement capacity was available that the issue did not breach ASX Listing Rule 7.1. If Resolution 1 is passed, the Company will retain the flexibility to issue equity securities in the future up to the Placement Capacity set out in ASX Listing Rule 7.1 without the requirement to obtain prior Shareholder approval and the base figure (referred to as variable “A” in the formula in ASX Listing Rule 7.1) from which the Company’s Placement Capacity is calculated, will be a higher number, which in turn will allow a proportionately higher number of securities to be issued without prior Shareholder approval. If Resolution 1 is not passed, then the Company’s Placement Capacity under ASX Listing Rule 7.1 will not be refreshed; meaning the issue will continue to be included in calculating the Company’s use of the 15% limit under ASX Listing Rule 7.1, effectively decreasing the number of equity securities the Company can issue without prior Shareholder approval over the 12 month period following the date of their issue 2.5 Board Recommendation The Directors recommend that Shareholders vote in favour of Resolution 1. 2.6 Technical information required by ASX Listing Rule 7.5 Pursuant to and in accordance with ASX Listing Rule 7.5, the following information is provided in relation to Resolution 1: (a) the First Tranche Convertible Notes were issued to SBC Global Investment Fund; (b) 500,000 Convertible Notes were issued on 22 July 2026; (c) the key terms of the First Tranche Convertible Notes are set out in Schedule 1; (d) the First Tranche Convertible Notes were issued for an aggregate amount of $450,000; (e) the funds raised from the issue of the First Tranche Convertible Notes are being used for working capital; and (f) the First Tranche Convertible Notes were issued pursuant to the Agreement, a summary of which is set out in Section 1.1 and Schedule 2. 3. Resolutions 2(a) to 2(c) – Ratifications of prior issues of Shares and Options to SBC Global Investment Fund – First Tranche 3.1 General On 21 July 2026, the Company issued the following securities under the terms of the Agreement in relation to the purchase of the First Tranche Convertible Notes: (a) Resolution 2(a): 4,000,000 Shares (First Tranche Placement Shares); (b) Resolution 2(b): 114,632 Shares (First Tranche Establishment Fee Shares); and (c) Resolution 2(c): 1,910,526 Options (First Tranche Options), using the Company’s placement capacity under ASX Listing Rule 7.1. 9 Resolutions 2(a) to 2(c) seek Shareholder approval to ratify the issue of these securities (together the First Tranche Securities). 3.2 ASX Listing Rule 7.1 A summary of ASX Listing Rule 7.1 is set out in Section 2.2. 3.3 ASX Listing Rule 7.4 A summary of ASX Listing Rule 7.4 is set out in Section 2.3. 3.4 Effect of the Resolutions The issue of the First Tranche Securities did not fit within any of the exceptions from ASX Listing Rule 7.1 and was not subject to prior Shareholder approval. The issue of these securities effectively used up a portion of the available Placement Capacity under ASX Listing Rule 7.1, reducing the Company’s capacity to issue further equity securities without Shareholder approval under ASX Listing Rule 7.1 for the 12-month period following the date of their issue. At the time of issue, sufficient placement capacity was available that the issue of the securities did not breach ASX Listing Rule 7.1. If each of Resolutions 2(a) to 2(c) are passed, the Company will retain the flexibility to issue equity securities in the future up to the Placement Capacity set out in ASX Listing Rule 7.1 without the requirement to obtain prior Shareholder approval and the base figure (referred to as variable “A” in the formula in ASX Listing Rule 7.1) from which the Company’s Placement Capacity is calculated, will be a higher number, which in turn will allow a proportionately higher number of securities to be issued without prior Shareholder approval. If any or all of Resolutions 2(a) to 2(c) are not passed, then the Company’s Placement Capacity under ASX Listing Rule 7.1 will not be refreshed with respect to securities the subject of the Resolution/s not passed; meaning those securities will continue to be included in calculating the Company’s use of the 15% limit under ASX Listing Rule 7.1, effectively decreasing the number of equity securities the Company can issue without prior Shareholder approval over the 12 month period following the date of their issue. 3.5 Board Recommendation The Directors recommend that Shareholders vote in favour of Resolutions 2(a) to 2(c). 3.6 Technical information required by ASX Listing Rule 7.5 Pursuant to and in accordance with ASX Listing Rule 7.5, the following information is provided in relation to Resolutions 2(a) to 2(c): (a) the First Tranche Securities were issued to SBC Global Investment Fund; (b) the number of First Tranche Securities issued was as specified in Section 3.1; (c) the Shares issued were all fully paid ordinary shares in the capital of the Company issued on the same terms and conditions as the Company’s existing Shares; (d) the Options were issued on the terms and conditions set out in Schedule 3; (e) the First Tranche Securities were issued on 21 July 2026; (f) the First Tranche Placement Shares were issued for nil cash consideration in satisfaction of an obligation under the Agreement; 10 (g) the First Tranche Establishment Fee Shares were issued at a deemed issue price of 13.0854 cents per Share in satisfaction of an establishment fee of 3% of the face value of the First Tranche Convertible Notes payable under the terms of the Agreement; (h) the First Tranche Options were issued for nil cash consideration in satisfaction of an obligation under the Agreement; and (i) the First Tranche Securities were issued pursuant to the Agreement, a summary of which is set out in Section 1.1 and Schedule 2. 4. Resolution 3 – Approval to issue Shares on conversion of the First Tranche Convertible Notes 4.1 General As described in Section 1.1, the quantity of Shares that can be issued on conversion of the First Tranche Convertible Notes is limited to the Maximum Number. In the event this quantity is insufficient to convert all of the First Tranche Convertible Notes, any remaining Notes would require prior Shareholder approval to be converted to Shares. Resolution 3 seeks this approval. For illustrative purposes only, the table below shows an example of the number of Shares that may be issued on conversion of the First Tranche Convertible Notes at various conversion prices. Conversion Price Number of Shares issued on conversion2 Fixed Conversion Price ($0.17) 2,941,177 Variable Conversion Price ($0.11)1 4,545,455 50% of Variable Conversion Price ($0.055)1 9,090,910 25% of Variable Conversion Price ($0.0275)1 18.181,818 Notes: 1. As at the Disclosure Date. 2. As described in Section 1.1, the quantity of Shares that can be issued on conversion of the First Tranche Convertible Notes is limited to the Maximum Number. In the event that quantity is insufficient to convert all of the First Tranche Convertible Notes, any remaining Notes would require prior Shareholder approval to be converted to Shares. Resolution 3 seeks this approval. 4.2 ASX Listing Rule 7.1 A summary of ASX Listing Rule 7.1 is set out in Section 2.2. 4.3 Effect of the Resolutions If Resolution 3 is passed, the Company will be able to issue Shares on conversion of the First Tranche Convertible Notes to the extent that exceeds the Maximum Number during the 3 month period after the Meeting (or a longer period if allowed by ASX), without using any part of the Company’s Placement Capacity under ASX Listing Rule 7.1. If Resolution 3 is not passed, then the First Tranche Convertible Notes will not be able to be converted to Shares to the extent the Maximum Number is exceeded and the Company will need to redeem such Notes in cash in lieu of issuing Shares in the event the holder issues a conversion notice. 11 4.4 Board Recommendation The Directors recommend that Shareholders vote in favour of Resolution 3. 4.5 Technical information required by ASX Listing Rule 7.3 Pursuant to and in accordance with ASX Listing Rule 7.3, the following information is provided in relation to Resolution 3: (a) the Shares will be issued to SBC Global Investment Fund (or its nominee); (b) the number of Shares to be issued is equal to the quantity of Notes converted and the conversion price at the time of conversion. A worked example for different conversion prices is set out in Section 4.1; (c) the Shares issued will be fully paid ordinary shares in the capital of the Company issued on the same terms and conditions as the Company’s existing Shares; (d) the Shares will be issued no later than 3 months after the date of the Meeting (or such later date to the extent permitted by any ASX waiver or modification of the ASX Listing Rules) and it is intended the issue will occur following the receipt of a conversion notice under the Agreement; (e) the purpose of the issue will be to satisfy a conversion of First Tranche Convertible Notes; and (f) the Shares will be issued on conversion of First Tranche Convertible Notes issued pursuant to the terms of the Agreement, a summary of which is set out in Section 1.1 and Schedule 2. 5. Resolution 4 – Approval to issue the Second Tranche Convertible Notes 5.1 General As further described in Section 1.1, a second tranche purchase of Notes has been agreed under the terms of the Agreement. This purchase can occur no earlier than 2 months after completion of the consolidation of capital (approved by Shareholders on 15 July 2026) and otherwise on the terms of the Agreement. The Second Tranche Convertible Notes will be convertible into Shares. The quantity of Shares is determined by dividing the face value of the Notes being converted by the Conversion Price. The Fixed Conversion Price is determined at the time of issue of the Notes and the Variable Conversion Price is determined at the time of conversion of the Notes. Resolution 4 seeks Shareholder approval for the issue of the Second Tranche Convertible Notes. 12 For illustrative purposes only, the table below shows an example of the number of Shares that may be issued on conversion of the Second Tranche Convertible Notes at various conversion prices. Conversion Price Number of Shares issued on conversion % of total Shares immediately following conversion3 Fixed Conversion Price ($0.17)1 2,941,177 2.05% Variable Conversion Price ($0.11)2 4,545,455 3.17% 50% of Variable Conversion Price 9,090,910 6.34% 150% of Variable Conversion Price 3,030,304 2.11% Notes: 1. Assuming the same fixed conversion price as the First Tranche Convertible Notes. However, it is noted that the fixed conversion price for the Second Tranche Convertible Notes may be different as it is equal to 130% of the VWAP on the actual trading day immediately prior to the purchase date of the Second Tranche Convertible Notes. 2. As at the Disclosure Date. 3. Based on the number of Shares on issue at the Disclosure Date (143,434,531) and assuming no other convertible securities are converted into Shares. 5.2 ASX Listing Rule 7.1 A summary of ASX Listing Rule 7.1 is set out in Section 2.2. 5.3 Effect of the Resolutions If Resolution 4 is passed, the Company will be able to issue the Second Tranche Convertible Notes during the 3 month period after the Meeting (or a longer period if allowed by ASX), without using any part of the Company’s Placement Capacity under ASX Listing Rule 7.1. If Resolution 4 is not passed, then the Company will not be able to issue the Second Tranche Convertible Notes and the Company will need to consider other fundraising alternatives. 5.4 Board Recommendation The Directors recommend that Shareholders vote in favour of Resolution 4. 5.5 Technical information required by ASX Listing Rule 7.3 Pursuant to and in accordance with ASX Listing Rule 7.3, the following information is provided in relation to Resolution 4: (a) the Second Tranche Convertible Notes will be issued to SBC Global Investment Fund (or its nominee(s)); (b) the number of Second Tranche Convertible Notes to be issued is 500,000; (c) the Second Tranche Convertible Notes will be issued on the terms and conditions set out in Schedule 1; 13 (d) the Second Tranche Convertible Notes will be issued no later than 3 months after the date of the Meeting (or such later date to the extent permitted by any ASX waiver or modification of the ASX Listing Rules) and it is intended the issue will occur on the same date; (e) the Company will receive $450,000 for the purchase of the Second Tranche Convertible Notes which will be applied to general working capital; and (f) the Second Tranche Convertible Notes will be issued pursuant to the Agreement, a summary of which is set out in Section 1.1 and Schedule 2. 6. Resolutions 5(a) to 5(c) – Approval to issue Shares and Options in relation to the Second Tranche Convertible Notes 6.1 General As described in Section 1.1, the Company is required to issue Placement Shares and Noteholder Options in relation to a purchase of Notes, including the Second Tranche Conv