Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 21

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 21
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10,000,000) Ordinary Shares (the “Penny Warrant Shares”), subject to adjustment upon the occurrence of certain events
as set forth in such Penny Warrant; (ii) be exercisable at a price of USD$0.01 per Ordinary Share; and (iii) be substantially in the
form of Exhibit C attached hereto. The Company and AOI agree that, from time to time, upon written notice from the Purchaser, the Company
shall provide and cause their Subsidiaries to provide the Purchaser with any information and documentation related to the progress of
the construction of the CQ Oilseeds Facility as the Purchaser may request in its discretion.

11.
Lease liabilities and right-of-use assets

The
Company’s leases include rental of a solar power system and plant space.

Lease
liabilities are secured by the related leased assets.

Solar
power system lease

The
solar power system lease has a term commencing on October 31, 2015 through October 31, 2035.

Land
lease

The
Company leases land in Cootamundra, Australia, where the oilseed processing plant and ancillary buildings accommodating the equipment
and facilities are located. The Cootamundra land lease has a term commencing on January 1, 2023 through December 31, 2025. Balances of
the right-of use assets and lease liabilities are set forth on the accompanying statement of financial position.

The
following table shows the remaining contractual maturities of the Company’s lease liabilities and the right-of-use assets as of
31 March 2025 and 30 June 2024:

 Schedule of Contractual Maturities Lease Liabilities and Right of Use Assets

    Right-of-use assets 
    Unaudited 31 March 2025  
    30 June 2024 
  
    At cost 
    $1,347,718  
    $1,347,718 
  
    Less accumulated amortisation 
     (475,340) 
     (403,298)
  
    Total 
    $872,378  
    $944,420 

    15

    31 March 2025  
    30 June 2024 
  
    Lease liabilities 

    Within 1 year (Current) 
    $89,109  
    $89,109 
  
    After 1 year but within 2 years 
     80