Company: MOBBW
Filing Date: 2025-03-27
Form Type: POS AM
Source: 0001013762-25-003381
Chunk: 36

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: POS AM
Chunk 36
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 withholding or refund of amounts withheld in                                  
 respect of tax or any other tax benefit.                                                                                           |

In the deposit agreement,
we and the depositary agree to indemnify each other under certain circumstances.

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Requirements for Depositary Actions

Before the depositary will
deliver or register a transfer of ADSs, make a distribution on ADSs, or permit withdrawal of shares, the depositary may require:

| ● | payment of stock transfer or other taxes or other governmental             
 charges and transfer or registration fees charged by third parties for the 
 transfer of any shares or other deposited securities;                      |

| ● | satisfactory proof of the identity and genuineness of any 
 signature or other information it deems necessary; and    |

| ● | compliance with regulations it may establish, from time to                                 
 time, consistent with the deposit agreement, including presentation of transfer documents. |

The depositary may refuse
to deliver ADSs or register transfers of ADSs when the transfer books of the depositary or our transfer books are closed or at any time
if the depositary or we think it advisable to do so.

Your Right to Receive the Shares Underlying your ADSs

ADS holders have the right
to cancel their ADSs and withdraw the underlying shares at any time except:

| ● | when temporary delays arise because: (i) the depositary has                                                                                
 closed its transfer books or we have closed our transfer books; (ii) the transfer of shares is blocked to permit voting at a shareholders’ 
 meeting; or (iii) we are paying a dividend on our shares;                                                                                  |

| ● | when you owe money to pay fees, taxes and similar charges; 
 or                                                         |

| ● | when it is necessary to prohibit withdrawals in order to comply                                                            
 with any laws or governmental regulations that apply to ADSs or to the withdrawal of shares or other deposited securities. |

This right of withdrawal may
not be limited by any other provision of the deposit agreement.

Direct Registration System

In the deposit agreement,
all parties to the deposit agreement acknowledge that the Direct Registration System, also referred to as DRS, and Profile Modification
System, also referred to as Profile, will apply to the ADSs. DRS is a system administered by DTC that facilitates interchange between
registered holding of uncertificated ADSs and holding of security entitlements in ADSs through DTC and a DTC participant. Profile is a
feature of DRS that allows a DTC participant, claiming to