Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 149

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 149
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 is the cash paid to settle the liability.

Market conditions are taken into consideration
in determining fair value. Therefore, any awards subject to market conditions are considered to vest irrespective of whether or not that
market condition has been met, provided all other conditions are satisfied.

If the non-vesting condition is within
the control of the Company or employee, the failure to satisfy the condition is treated as a cancellation. If the condition is not within
the control of the Company or employee and is not satisfied during the vesting period, any remaining expense for the award is recognised
over the remaining vesting period, unless the award is forfeited.

If equity-settled awards are cancelled,
it is treated as if it has vested on the date of cancellation, and any remaining expense is recognised immediately. If a new replacement
award is substituted for the cancelled award, the cancelled and new award is treated as if they were a modification.

F-40

  Mobilicom Limited                               
  Notes to the consolidated financial statements  
  December 31, 2024                               
 ──────────────────────────────────────────────────

Note 25. Financial instruments

Financial risk management objectives

The Company’s activities expose it to a variety
of financial risks: market risk (including foreign currency risk, price risk and interest rate risk), credit risk and liquidity risk.
The Company’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimise potential adverse
effects on the financial performance of the Company. The Company uses different methods to measure different types of risk to which it
is exposed. These methods include sensitivity analysis in the case of interest rate, foreign exchange and other price risks, ageing analysis
for credit risk and beta analysis in respect of investment portfolios to determine market risk.

Risk management is carried out by senior finance
executives (‘finance’) under policies approved by the Board of Directors (‘the Board’). These policies include identification and analysis
of the risk exposure of the company and appropriate procedures, controls and risk limits. Finance identifies, evaluates and hedges financial
risks within the Company’s operating units. Finance reports to the Board on a monthly basis.

Market risk

Foreign currency risk

The Company undertakes certain transactions denominated in foreign
currency and is exposed to foreign currency risk through foreign exchange rate fluctuations.

Foreign exchange risk arises from future commercial
transactions and recognised financial assets and financial liabilities denominated in a currency that is not the Company’s functional
currency. The risk is measured using sensitivity analysis and cash flow