Company: RDPTF
Filing Date: 2025-09-18
Form Type: 20-F
Source: 0001213900-25-088699
Chunk: 31

Company: Radiopharm Theranostics Ltd
Filing Date: 2025-09-18
Form: 20-F
Item: Item 3
Chunk 31
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do not have shareholder rights.

Deutsche Bank, as depositary,
registers and delivers our American Depositary Shares, or ADSs. Our ADS holders are not treated as shareholders and do not have the rights
of shareholders. The depositary is the holder of the shares underlying our ADSs. Holders of our ADSs have ADS holder rights. A deposit
agreement among us, the depositary and our ADS holders, and the beneficial owners of ADSs, sets out ADS holder rights as well as the rights
and obligations of the depositary. New York law governs the deposit agreement and the ADSs. For a description of ADS holder rights, see
“ Description of Securities” in this Annual Report.

Our shareholders have shareholder
rights. Australian law and our constitution govern shareholder rights. For a description of our shareholders’ rights, see “ Memorandum
and Articles of Association” in this Annual Report. Shareholders are entitled to our notices of general meetings and to attend and
vote at our general meetings of shareholders. At a general meeting, every shareholder present (in person or by proxy, attorney or representative)
and entitled to vote has one vote on a show of hands. Every shareholder present (in person or by proxy, attorney or representative) and
entitled to vote has one vote per fully paid ordinary share on a poll. This is subject to any other rights or restrictions which may be
attached to any shares. According to our Constitution, a resolution put to the vote of a general meeting must be decided on a show of
hands unless a poll is demanded under which every ordinary shareholder present in person or by proxy has one vote for every ordinary share
held. Under our Constitution, a poll may be demanded by the chairman, at least five members entitled to vote on the resolution; or by
members with at least 5% of the votes that may be cast on the resolution on a poll.

Our ADS holders do not have
the same voting rights as our shareholders. ADS holders may exercise voting rights with respect to the underlying ordinary shares only
in accordance with the provisions of the deposit agreement. Under the deposit agreement, ADS holders vote by giving voting instructions
to the depositary. Upon receipt of instructions, the depositary will try to vote in accordance with those instructions. Otherwise, ADS
holders will not be able to vote unless they withdraw the ordinary shares underlying their ADSs.

If we ask for our ADS holders’
instructions, the depositary will notify our ADS holders of the upcoming vote and arrange