Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 148

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 148
---
052,500      April 13, 2027     
  210,000,000      AUD                 0.01      105,000,005      May 31, 2033       
   38,600,000      AUD                 0.01       15,908,333      August 3, 2028     
  272,645,379                                    144,266,217                         

As at December 31, 2024, options outstanding have a weighted average
remaining contractual life of7.13years (December 31, 2023 - 8.03years).

F-39

  Mobilicom Limited                               
  Notes to the consolidated financial statements  
  December 31, 2024                               
 ──────────────────────────────────────────────────

Note 24. Equity - share-based compensation and share-based
payment reserve (continued)

Accounting policy for share-based payments

Equity-settled share-based compensation benefits are provided to employees.

Equity-settled transactions are awards
of shares, or options over shares, that are provided to employees in exchange for the rendering of services. Cash-settled transactions
are awards of cash for the exchange of services, where the amount of cash is determined by reference to the share price.

The cost of equity-settled transactions
is measured at fair value on grant date. Fair value is independently determined using the Black-Scholes option pricing model that takes
into account the exercise price, the term of the option, the impact of dilution, the share price at grant date and expected price volatility
of the underlying share, the expected dividend yield and the risk free interest rate for the term of the option, together with non-vesting
conditions that do not determine whether the Company receives the services that entitle the employees to receive payment. No account is
taken of any other vesting conditions.

The cost of equity-settled transactions
is recognised as an expense with a corresponding increase in equity over the vesting period. The cumulative charge to profit or loss is
calculated based on the grant date fair value of the award, the best estimate of the number of awards that are likely to vest and the
expired portion of the vesting period. The amount recognised in profit or loss for the period is the cumulative amount calculated at each
reporting date less amounts already recognised in previous periods.

All changes in the liability are recognised in profit or loss. The
ultimate cost of cash-settled transactions