Company: MOBBW
Filing Date: 2025-03-27
Form Type: POS AM
Source: 0001013762-25-003381
Chunk: 22

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: POS AM
Chunk 22
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         |

| ● | to approve the variation of                
 class rights of any class of shareholders; |

| ● | to convert one class of shares 
 into another class of shares;  |

| ● | to approve certain buy backs 
 of shares;                   |

| ● | to approve a selective capital 
 reduction of our shares;       |

| ● | to approve financially assisting    
 a person to acquire our shares; and |

| ● | with the leave of an authorized                        
 Australian court, to approve our voluntary winding up. |

Foreign Ownership Regulation

There are no limitations on
the rights of non-Australian entities to own securities imposed by our Constitution. However, acquisitions and proposed acquisitions of
securities in Australian companies may be subject to review and approval by the Australian Federal Treasurer under the Foreign Acquisitions
and Takeovers Act 1975 and the Foreign Acquisition and Takeovers Regulations 2015, or the FATA, which generally applies to acquisitions
or proposed acquisitions:

| ● | by a foreign person or their                                                                                                               
 associates (as defined in the FATA) of a direct interest (generally constituted by an interest of 10% or more) in a company which operates 
 a business that meets the criteria of a ‘national security business’ regardless of value;                                                  |

| ● | by ‘foreign government                                                                                                             
 investors’ (as defined in the FATA) acquiring a direct interest (generally constituted by an interest of 10% or more) in a company 
 regardless of value;                                                                                                               |

| ● | by a foreign person (as defined                                                                                                         
 in the FATA) or associated foreign persons that would result in such persons having an interest in 20% or more of the issued shares of, 
 or control of 20% or more of the voting power in, an Australian company; and                                                            |

| ● | by two or more non-associated                                                                                                         
 foreign persons that would result in such foreign person having an interest in 40% or more of the issued shares of, or control of 40% 
 or more of the voting power in, an Australian company, where the Australian company is valued above the monetary threshold prescribed 
 by FATA (as set out above).                                                                                                           |

However, no such review or
approval under the FATA is required if the foreign acquirer is a U.S. entity and the value of the target is less than AUD$1,339 million.

The above should be considered
an overview only. The application of the FATA is complex