Company: MOBBW
Filing Date: 2025-08-12
Form Type: POS AM
Source: 0001213900-25-074627
Chunk: 33

Company: Mobilicom Ltd
Filing Date: 2025-08-12
Form: POS AM
Chunk 33
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 right of ADS holders, it will not become effective for outstanding ADSs until 30 days after the depositary
notifies ADS holders of the amendment. At the time an amendment becomes effective, you are considered, by continuing to hold your
ADSs, to agree to the amendment and to be bound by the ADRs and the deposit agreement as amended.

How may the deposit agreement be terminated?

The depositary will initiate
termination of the deposit agreement if we instruct it to do so. The depositary may initiate termination of the deposit agreement if

| ● | 60 days                                                                                    
 have passed since the depositary told us it wants to resign but a successor depositary has 
 not been appointed and accepted its appointment;                                           |

| ● | we delist                                                                                  
 the ADSs from an exchange in the United States on which they were listed and do not list   
 the ADSs on another exchange in the United States or make arrangements for trading of ADSs 
 on the U.S. over-the-counter market;                                                       |

| ● | we delist                                                                                  
 our shares from an exchange outside the United States on which they were listed and do not 
 list the shares on another exchange outside the United States;                             |

| ● | the depositary                                                                             
 has reason to believe the ADSs have become, or will become, ineligible for registration on 
 Form F-6 under the Securities Act of 1933;                                                 |

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| ● | we appear                                        
 to be insolvent or enter insolvency proceedings; |

| ● | all or substantially                                                                         
 all the value of the deposited securities has been distributed either in cash or in the form 
 of securities;                                                                               |

| ● | there are                                                                                      
 no deposited securities underlying the ADSs or the underlying deposited securities have become 
 apparently worthless; or                                                                       |

| ● | there has                                   
 been a replacement of deposited securities. |

If the deposit agreement
will terminate, the depositary will notify ADS holders at least 90 days before the termination date. At any time after the termination
date, the depositary may sell the deposited securities. After that, the depositary will hold the money it received on the sale, as well
as any other cash it is holding under the deposit agreement, unsegregated and without liability for interest, for the benefit
of the ADS holders that have not surrendered their ADSs. Normally, the depositary will sell as soon as practicable after the termination
date.

After the termination date
and