Company: MOBBW
Filing Date: 2025-03-27
Form Type: POS AM
Source: 0001013762-25-003381
Chunk: 17

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: POS AM
Chunk 17
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4th Floor, New York, NY 10019. The warrants are subject to a beneficial ownership  
 limitation of 4.99%, which limitation restricts the selling shareholder from exercising that portion of the warrants that would result     
 in the selling shareholder and its affiliates owning, after exercise, a number of shares of ADSs in excess of the beneficial ownership     
 limitation.                                                                                                                                |
| (9) | Consists                                                                                                                                   
 of 26,169,275 ordinary shares represented by 95,161 ADSs issuable upon exercise of the Placement Agent Warrants                            |

<div align='center'>9

DESCRIPTION OF SHARE CAPITAL</div>

The following description
of our ordinary shares is only a summary. We encourage you to read our Constitution, which is included as an exhibit to this registration
statement, of which this prospectus forms a part.

We are a public company limited
by shares registered under the Corporations Act by the Australian Securities and Investments Commission, or ASIC. Our corporate affairs
are principally governed by our Constitution, the common law applicable to Australia and the Corporations Act.

In general, our Constitution
addresses similar matters to those typically addressed in a U.S. company’s charter documents. Notably, however, we do not have a
limit on our authorized share capital, the concept of par value is not recognized under Australian law and we may at any time convert
an ordinary share into a preference share and may convert a preference share into an ordinary share (subject in all cases to the terms
of those securities), as further discussed under “—Our Constitution.”

Subject to restrictions on
the issue of securities in our Constitution and the Corporations Act and any other applicable law, we may at any time issue shares and
grant options or warrants on any terms, with the rights and restrictions and for the consideration that our board of directors determine.

The rights and restrictions
attaching to ordinary shares are derived through a combination of our Constitution, the common law applicable to Australia, the Corporations
Act and other applicable law. A general summary of some of the rights and restrictions attaching to our ordinary shares are summarized
below. Each ordinary shareholder is entitled to receive notice of, and to be present, vote and speak at, general meetings.

As of March 26, 2025,
we had (i) 2,061,377,144 ordinary shares outstanding (equivalent to 7,495,916 ADSs), (ii) outstanding options granted to employees, directors
and consultants to purchase an aggregate of