Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 40

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 40
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 United States shareholder with respect to any of such controlled
foreign corporations or furnish to any United States shareholders information that may be necessary to comply with the aforementioned
reporting and tax paying obligations. A United States investor should consult their own advisors regarding the potential application of
these rules to its investment in our ordinary shares or ADSs.

We have never declared or paid dividends
on our ordinary shares and we do not anticipate paying dividends in the foreseeable future.

We have never declared or
paid cash dividends on our ordinary shares. For the foreseeable future, we currently intend to retain all available funds and any future
earnings to support our operations and to finance the growth and development of our business. Any future determination to declare cash
dividends will be made at the discretion of our board of directors, subject to compliance with applicable laws and covenants under current
or future credit facilities, which may restrict or limit our ability to pay dividends, and will depend on our financial condition, operating
results, capital requirements, general business conditions and other factors that our board of directors may deem relevant. We do not
anticipate paying any cash dividends on our ordinary shares in the foreseeable future. As a result, a return on your investment will only
occur if the ADS price increases.

You may not receive distributions on our
ordinary shares represented by ADSs or any value for such distribution if it is illegal or impractical to make it available to holders
of ADSs.

While we do not anticipate
paying any dividends on our ordinary shares in the foreseeable future, if such a dividend is declared, the depositary for our ADSs has
agreed to pay to you the cash dividends or other distributions it or the custodian receives on our ordinary shares or other deposited
securities after deducting its fees and expenses. You will receive these distributions in proportion to the number of our ordinary shares
your ADSs represent. However, in accordance with the limitations set forth in the deposit agreement, it may be unlawful or impractical
to make a distribution available to holders of ADSs. We have no obligation to take any other action to permit the distribution of our
ADSs, ordinary shares, rights or anything else to holders of our ADSs. This means that you may not receive the distributions we make on
our ordinary shares or any value from them if it is unlawful or impractical to make them available to you. These restrictions may have
a material adverse effect on the value of your ADSs.

Australian takeover laws may discourage