Company: RDPTF
Filing Date: 2025-09-18
Form Type: 20-F
Source: 0001213900-25-088699
Chunk: 138

Company: Radiopharm Theranostics Ltd
Filing Date: 2025-09-18
Form: 20-F
Item: Item 8
Chunk 138
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 ADSs through the exercise or cancellation of any employee share options or otherwise as compensation for their
services, investors that actually or constructively own 10% or more of our shares, dealers or traders in securities or currencies, certain
former citizens or long-term residents of the United States, dual resident corporations, persons that generally mark their securities
to market for United States federal income tax purposes, persons who are residents of Australia for Australian income tax purposes, and
investors holding ADSs as part of a straddle or appreciated financial position or as part of a hedging or conversion transaction. This
summary does not address the Medicare tax imposed on certain investment income, any state, local and foreign tax considerations or any
U. S. federal estate, gift or alternative minimum tax considerations relevant to the purchase, ownership and disposition of our ADSs. In
addition, this discussion is based in part upon representations of the depositary and the assumption that each obligation in the deposit
agreement and any related agreements will be performed according to its terms.

If a partnership or an entity
or arrangement treated as a partnership for U. S. federal income tax purposes owns ADSs, the U. S. federal income tax treatment of its partners
will generally depend upon the status of the partner and the activities of the partnership. A partnership should consult its tax advisors
regarding the U. S. federal income tax consequences applicable to it and its partners of the purchase, ownership and disposition of ADSs.

For purposes of this summary,
the term “ U. S. Holder” means a beneficial owner of ADSs that is for U. S. federal income tax purposes: an individual who is
a citizen or resident of the United States; a corporation that is created or organized in or under the laws of the United States or any
political subdivision thereof; an estate whose income is subject to U. S. federal income tax regardless of its source; or a trust if (a) a
court within the United States is able to exercise primary supervision over administration of the trust, and one or more U. S. persons
have the authority to control all substantial decisions of the trust or (b) it has a valid election in effect under applicable U. S.
Treasury regulations to be treated as a U. S. person.

Distributions

For U. S. federal income tax
purposes, a U. S. Holder of ADSs will be treated as owning the ordinary shares underlying the ADSs. Subject to the passive