Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 140

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 140
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-funded                                                                               
            warrants at an offering price of $ 1.5499 under registered direct offering. One pre-funded warrant is exercisable to one ADS upon payment  
            of the remaining $ 0.0001 per warrant. In addition, on January 30, 2024, in a concurrent private placement, the Company issued warrants    
            to purchase up to an aggregate of 1,998,386 ADS at an exercise price of $ 1.55 per ADS, expiring January 30, 2029.                         
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F-30

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

Note 21. Equity - issued capital (continued)

Ordinary shares

Ordinary shares entitle the holder to participate
in dividends and the proceeds on the winding up of the Company in proportion to the number of and amounts paid on the shares held. The
fully paid ordinary shares have no par value and the Company does not have a limited amount of authorised capital.

On a show of hands every member present at a meeting
in person or by proxy shall have one vote and upon a poll each share shall have one vote.

Capital risk management

The Company’s objectives when managing capital
is to safeguard its ability to continue as a going concern, so that it can provide returns for shareholders and benefits for other stakeholders
and to maintain an optimum capital structure to reduce the cost of capital.

Capital is regarded as total equity, as recognised
in the statement of financial position, plus net debt. Net debt is calculated as total borrowings less cash and cash equivalents.

In order to maintain or adjust the capital structure,
the company may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to
reduce debt.

The Company would look to raise capital when an
opportunity to invest in a business or company was seen as value adding relative to the current Company’s share price at the time of the
investment. The Company is not actively pursuing additional investments in the short term as it continues to integrate and grow its existing
businesses in order to maximise synergies.

Accounting policy for issued capital

Ordinary shares are classified as equity.

F-31

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

Note 21. Equity - issued capital