Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 80

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 80
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 Act. The Company may also issue Securities
(whether under this Plan or otherwise) without the issue of a disclosure document in reliance on other exceptions to the disclosure requirement
of the Corporations Act 2001 (Cth) including issued that did not need disclosure to investors because of section 708 of the Corporations
Act.

Lapse of Securities

Unless the directors in their
absolute discretion determine otherwise, Securities shall in accordance with the terms of issue of those Securities as set out in the
invitation to an Eligible Person to apply for and receive Securities pursuant to the Plan (including its Annexures).

Rights Attaching to Shares

Shares issued pursuant to
the Plan, or upon the exercise of options or the conversion of convertible Securities issued under the Plan will in all respects, including
bonus issues and new issues, rank equally and carry the same rights and entitlements as other Shares on issue.

Capital Event/Change of
Control

Notwithstanding the Terms and Conditions, upon the occurrence of a
Trigger Event (as defined below) the directors may determine:

  (i)      that the options may be exercised, or that conditions or restrictions which apply to performance rights, shares or other interests may be waived and released at any time from the date of such d...  
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  (ii)      to use their reasonable endeavors to procure that an offer is made to holders of options, performance rights, shares or other interests on like terms (having regard to the nature and value of t...  
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Trigger Event means:

  (i)      the approval of resolutions by shareholders for a scheme of arrangement between the Company and its creditors  

  (ii)      a bidder's statement issued under the Corporations Act becoming unconditional;  

  (iii)      the date upon which a person or a group of associated persons becomes entitled to sufficient shares to                                 

  (iv)      any agreement for the sale of all or substantially all of the Company’s assets becoming unconditional;  

  (v)      the occurrence of any event of circumstance which is analogous to the above or has the effect, once completed,  

No Quotation of Securities

Other than shares issued under
the Plan, other Securities will not be quoted on Nasdaq. However, application will