Company: MOBBW
Filing Date: 2025-08-12
Form Type: POS AM
Source: 0001213900-25-074627
Chunk: 31

Company: Mobilicom Ltd
Filing Date: 2025-08-12
Form: POS AM
Chunk 31
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 depositary acts as principal for its own account
and not as agent, advisor, broker or fiduciary on behalf of any other person and earns revenue, including, without limitation, transaction
spreads, that it will retain for its own account. The revenue is based on, among other things, the difference between the exchange
rate assigned to the currency conversion made under the deposit agreement and the rate that the depositary or its affiliate receives
when buying or selling foreign currency for its own account. The depositary makes no representation that the exchange rate used
or obtained by it or its affiliate in any currency conversion under the deposit agreement will be the most favorable rate that could
be obtained at the time or that the method by which that rate will be determined will be the most favorable to ADS holders, subject to
the depositary’s obligation to act without negligence or bad faith. The methodology used to determine exchange rates used
in currency conversions made by the depositary is available upon request. Where the custodian converts currency, the custodian has no
obligation to obtain the most favorable rate that could be obtained at the time or to ensure that the method by which that rate will
be determined will be the most favorable to ADS holders, and the depositary makes no representation that the rate is the most favorable
rate and will not be liable for any direct or indirect losses associated with the rate. In certain instances, the depositary may
receive dividends or other distributions from us in U.S. dollars that represent the proceeds of a conversion of foreign currency or translation
from foreign currency at a rate that was obtained or determined by us and, in such cases, the depositary will not engage in, or be responsible
for, any foreign currency transactions and neither it nor we make any representation that the rate obtained or determined by us is the
most favorable rate and neither it nor we will be liable for any direct or indirect losses associated with the rate.

Payment of Taxes

You will be responsible for
any taxes or other governmental charges payable on your ADSs or on the deposited securities represented by any of your ADSs. The depositary
may refuse to register any transfer of your ADSs or allow you to withdraw the deposited securities represented by your ADSs until those
taxes or other charges are paid. It may apply payments owed to you or sell deposited securities represented by your ADSs to pay any taxes
owed and you will remain liable for any deficiency. If the depositary sells deposited securities, it will, if appropriate