Application for quotation of securities - 5GG

For personal use only

Entity name

PENTANET LIMITED

Announcement Type

New announcement

Date of this announcement

Monday December 13, 2021

The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

Refer to next page for full details of the announcement

For personal use only

1.1 Name of entity

PENTANET LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

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

13/12/2021

For personal use only

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

For personal use only

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class)

ASX +security code and description

5GGAA : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class)

ASX +security code and description

5GG : ORDINARY FULLY PAID

Issue date

13/12/2021

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

Yes

For personal use only

Number of +securities to be quoted

12,043,571

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The ordinary fully paid securities were under ASX imposed restrictions to 11 December 2021.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.530000

Any other information the entity wishes to provide about the +securities to be quoted

Release from escrow.

Closing price of 5GG ordinary fully paid securities on 13 December 2021 was $0.53.