Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 78

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 78
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 be responsible and accountable for our actions.  

The Code of Conduct is available on our website at https://ir. mobilicom. com/.

D. Employees.

See “ Item 4. B. Business
Overview - Employees.”

E. Share Ownership.

See “ Item 7. A. Major Shareholders”
below.

Employee Security Incentive Plan

Our employee security incentive plan, or the Plan, was adopted on December
6, 2024. Under the rules of the Plan, our board of directors may offer securities to eligible persons. A summary of the Plan is set out
below and is qualified in its entirety by reference to the full text of the Plan, a copy of which is filed as Exhibit 4.7 to this annual
report.

Eligible Persons

Means: (a) a person (or prospective
person) who is an employee or director of, or an individual who provides services to, us or an associated entity of us; or (b) a person
who is eligible to participate under Annexure A (Israeli taxpayers) or Annexure (b) (US taxpayers) of the plan; or (c) a person or entity
who has been determined by our board of directors to be eligible to participate in the plan from time to time.

Securities

Means a Share, an option to acquire a Share, a Performance Right to
acquire share or an Other Interest to acquire a Share, each as issued in accordance with the Plan, or the Securities.

Purpose

The Plan is intended to provide
mechanisms through which we can incentivize Eligible Persons.

Plan Administration

The Plan shall be administered
by the board of directors who shall have power to:

  (i)      determine appropriate procedures for administration of the Plan consistent with the terms and conditions of the Plan;  

  (ii)      amend or modify the Plan;  

  (iii)      resolve conclusively all questions of fact or interpretation arising in connection with the Plan;  

  (iv)      adopt rules subordinate to the Plan that                                                                                        
  (v)       delegate to any one or more persons for such period                                                                             

Eligibility

Eligible Persons entitled
to participate in the Plan shall be determined by the directors in their absolute discretion taking into account a person’s skills,
experience, length of service, remuneration level and such other criteria as the directors consider appropriate in the circumstance.

Offer and Application

An application to be issued
Securities under the Plan may be made by