Company: COOT
Filing Date: 2025-05-09
Form Type: S-1/A
Source: 0001641172-25-009369
Chunk: 169

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-09
Form: S-1/A
Chunk 169
---
”) so that the Facility may be occupied and utilized for its intended use and the first 100 pounds of oil seeds
are processed by the Facility (the “Substantial Completion Date”), (ii) the Company fails to achieve the transfer of the
Australian Crushing Plant Lease from Energreen to CQ Oilseeds on or prior to the Substantial Completion Date, (iii) CQ Oilseeds
fails to grant to the Purchaser a first priority security interest in all of its assets, free and clear of all other liens and
encumbrances other than the first priority security interest of the Purchaser pursuant to Australian Oilseeds General Security Deed
and the Australian Leasehold Mortgage on or prior to the Substantial Completion Date, and/or (iv) any of CQ Oilseeds, Energreen, or
the Company fails to comply with, or breaches any of the covenants in any Transaction Document, then (i) the Company shall issue to
the Purchaser a warrant to purchase ten
million (10,000,000) Ordinary Shares (the “Penny Warrants”) at an exercise price of USD$0.01
per Ordinary Share. (Note 14)

The following table summarizes outstanding borrowings as
of June 30, 2024 and 2023:

Schedule of Borrowings

|                                        |     | Current 
 2024    
 AUD$    
 Current |           |     | Non-Current 
 Non-Current |           |     | Total 
 Total |           |     | Current 
 2023    
 AUD$    
 Current |         |     | Non-Current 
 Non-Current |           |     | Total 
 Total |           |
|:---------------------------------------|:----|:--------|----------:|:----|:------------|----------:|:----|:------|----------:|:----|:--------|--------:|:----|:------------|----------:|:----|:------|----------:|
| Secured bank loans (1)                 |     | $       |   978,574 |     | $           | 5,051,910 |     | $     | 6,030,484 |     | $       | 396,881 |     | $           | 2,078,570 |     | $     | 2,475,451 |
| Convertible note, net of debt discount |     | $       | 1,181,953 |     | $