Company: MOBBW
Filing Date: 2025-03-27
Form Type: POS AM
Source: 0001013762-25-003381
Chunk: 27

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: POS AM
Chunk 27
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 If that is not possible or if any government approval is needed and cannot be
obtained, the deposit agreement allows the depositary to distribute the foreign currency only to those ADS holders to whom it is possible
to do so. It will hold the foreign currency it cannot convert for the account of the ADS holders who have not been paid. It will not invest
the foreign currency and it will not be liable for any interest.

Before making a distribution,
any withholding taxes, or other governmental charges that must be paid will be deducted. See “Taxation.” The depositary will
distribute only whole U.S. dollars and cents and will round fractional cents to the nearest whole cent. If the exchange rates fluctuate
during a time when the depositary cannot convert the foreign currency, you may lose some of the value of the distribution.

Shares. The
depositary may distribute additional ADSs representing any shares we distribute as a dividend or free distribution. The depositary will
only distribute whole ADSs. It will sell shares which would require it to deliver a fraction of an ADS (or ADSs representing those shares)
and distribute the net proceeds in the same way as it does with cash. If the depositary does not distribute additional ADSs, the outstanding
ADSs will also represent the new shares. The depositary may sell a portion of the distributed shares (or ADSs representing those shares)
sufficient to pay its fees and expenses in connection with that distribution.

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Rights to purchase additional shares.If we offer holders of our securities any rights to subscribe for additional shares or any other rights, the
depositary may (i) exercise those rights on behalf of ADS holders, (ii) distribute those rights to ADS holders or (iii) sell those rights
and distribute the net proceeds to ADS holders, in each case after deduction or upon payment of its fees and expenses. To the extent the
depositary does not do any of those things, it will allow the rights to lapse. In that case, you will receive no value for them. The
depositary will exercise or distribute rights only if we ask it to and provide satisfactory assurances to the depositary that it is legal
to do so. If the depositary will exercise rights, it will purchase the securities to which the rights relate and distribute those securities
or, in the case of shares, new ADSs representing the new shares, to subscribing ADS holders, but only if ADS holders have paid the exercise
price to the