Company: MOBBW
Filing Date: 2025-03-27
Form Type: POS AM
Source: 0001013762-25-003381
Chunk: 18

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: POS AM
Chunk 18
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 272,645,379 ordinary shares (equivalent to 991,437 ADSs) , at a weighted average exercise
price of $0.01; (iii) outstanding warrants to purchase an aggregate of 340,201,400 ordinary shares (equivalent to 1,237,096 ADSs) which
exercise at $1.55 and 806,122,625 ordinary shares (equivalent to 2,931,355 ADSs) which exercise prices ranging from $5.00 to $5.16.

Our Constitution

Our Constitution is similar
in nature to the bylaws of a U.S. corporation. It does not provide for or prescribe any specific objectives or purposes of Mobilicom.
Our Constitution is subject to the terms of the Corporations Act. It may be amended or repealed and replaced by special resolution of
shareholders, which is a resolution passed by at least 75% of the votes cast by shareholders entitled to vote on the resolution.

Under Australian law, a company
has the legal capacity and powers of an individual both within and outside Australia. The material provisions of our Constitution are
summarized below. This summary is not intended to be complete nor to constitute a definitive statement of the rights and liabilities of
our shareholders. Our Constitution is filed as an exhibit to our Annual Report.

Interested Directors

A director may not vote in
respect of any contract, matter or arrangement in which the director has, directly or indirectly, any material interest according to our
Constitution. Such director must not be counted in a quorum, must not vote on the matter and must not be present at the meeting while
the matter is being considered. However, that director may execute or otherwise act in respect of that contract or arrangement (if properly
approved by the non-interested directors) notwithstanding any material personal interest.

Unless a relevant exception
applies, the Corporations Act requires our directors to provide disclosure of certain interests or conflicts of interests and prohibits
directors from voting on matters in which they have a material personal interest and from being present at the meeting while the matter
is being considered. In addition, subject to certain exceptions, the Corporations Act requires shareholder approval of any provision of
related party benefits to our directors.

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Borrowing Powers Exercisable by Directors

Pursuant to our Constitution,
the management and control of our business affairs are vested in our board of directors. Our board of directors has the power to raise
or