Proposed issue of securities - MIR

For personal use only

Entity name

MIRRABOOKA INVESTMENTS LIMITED

Announcement Type

New announcement

Date of this announcement

3/3/2022

The Proposed issue is:

An offer of securities under a securities purchase plan

Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan

+Issue date

11/4/2022

Refer to next page for full details of the announcement

For personal use only

1.1 Name of +Entity

MIRRABOOKA INVESTMENTS LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1. The announcement is New announcement
2. Date of this announcement

3/3/2022

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

For personal use only

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis?

No

For personal use only

Offer price details

Has the offer price been determined?

No

In what currency will the offer be made?

AUD - Australian Dollar

How and when will the offer price be determined?

The issue price will be the lower of $3.18 per share or a 10% discount to the VWAP of MIR shares traded on the ASX and Cboe over the 5 ASX trading days up to and including the day on which the SPP closes (4 April 2022), rounded down.

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

Directors retain the right to scale back the Plan . Mirrabooka may allocate to you less than the number of Shares you have applied for. If a Scale back produces a fractional number of Shares when applied to your parcel, the number of new Shares will be rounded down to the

nearest whole number of new Shares. In the event of a Scale back, the difference between the monies received, and the number of new Shares multiplied by the Issue price will be refunded to you.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

No

If some of the issued +securities do not rank equally

Is the actual date from which the +securities will rank equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

These shares will trade under the normal ASX code: MIR after existing ordinary shares go ex the entitlement to the final dividend in July 2022

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; or

For any other reason

The shares issued under the SPP will be eligible for fifty per cent of the final dividend that may be declared in respect of the financial year ending 30 June 2022.