Announcement PDF ABN 35 091 542 451 8 Kearns Crescent, Ardross WA 6153 Telephone: 08 9364 3866 Facsimile: 08 9364 4892 Web: www.ausquest.com.au Dear Shareholder Notice of Annual General Meeting and Proxy Form Notice is hereby given that an Annual General Meeting (Meeting) of Shareholders of AusQuest Limited (AusQuest or the Company) (ASX:AQD) will be held at the Celtic Club Perth, 48 Ord Street, West Perth, WA 6005, on Wednesday, 18 November 2026 at 10:00am (AWST). In accordance with current legislation, the Company will not be dispatching physical copies of the Notice of Meeting (NOM). Instead, a copy of the NOM is available at http://www.ausquest.com.au/ as well as on the ASX announcement platform. As you have not elected to receive notices by email, a copy of your proxy form is enclosed for your convenience. Shareholders are encouraged to complete and return their Proxy Form: Via online: Lodge the Proxy Form online at https://investor.automic.com.au/#/loginsah by following the instructions: Login to the Automic website using the holding details as shown on the Proxy Form. Click on ‘View Meetings’ – ‘Vote’. To use the online lodgement facility, Shareholders will need their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as shown on the front of the Proxy Form. For further information on the online proxy lodgement process please see the Online Proxy Lodgement Guide at https://investor.automic.com.au/#/loginsah By mail: Automic, GPO Box 5193, Sydney NSW 2001 In person: Automic, Level 5, 126 Phillip Street, Sydney NSW 2000 By email: meetings@automicgroup.com.au Your proxy voting instruction must be received by 10:00am (AWST) on Monday, 16 November 2026, being not less than 48 hours before the commencement of the Meeting. Any proxy voting instructions received after that time will not be valid for the Meeting. The NOM is important and should be read in its entirety. If you are in doubt as to the course of action you should follow, you should consult your financial adviser, lawyer, accountant or other professional adviser. If you have any difficulties obtaining a copy of the Notice of Meeting, please contact the Company on +61 (08) 9364 3866 or the Company Secretary on +61 (08) 9463 2463. The Company’s Managing Director Graeme Drew plans to provide a progress report on the Company’s activities after the meeting. We look forward to seeing you at the Company’s Annual General Meeting. For and on behalf of the Board Henko Vos Company Secretary AUSQUEST LIMITED ACN 091 542 451 NOTICE OF ANNUAL GENERAL MEETING EXPLANATORY STATEMENT AND PROXY FORM TIME: 10:00am (AWST) DATE: Wednesday, 18 November 2026 PLACE: The Celtic Club, 48 Ord Street West Perth WA 6005 Shareholders are urged to attend or vote by lodging the proxy form accompanying this Notice. This Notice of Annual General Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting. Should you wish to discuss the matters in this Notice of Annual General Meeting please do not hesitate to contact the Company Secretary on (+61 8) 9463 2463. AusQuest Limited - 2026 Annual General Meeting Page 2 IMPORTANT INFORMATION CONTENTS Item Page Notice of Annual General Meeting 3 Voting Prohibitions and Exclusions 4 Proxy Appointment, Voting and Meeting Instructions 5-6 Explanatory Statement 7-15 Schedule 1 – Terms of Broker Options 16-17 Glossary of Defined Terms 18 Proxy Form Enclosed IMPORTANT DATES An indicative timetable of key proposed dates is set out below. These dates are indicative only and are subject to change. Event Date Last day for receipt of Proxy Forms – Proxy Forms received after this time will be disregarded 10:00am (AWST) on Monday, 16 November 2026 Snapshot date for eligibility to vote 4:00pm (AWST) on Monday, 16 November 2026 Annual General Meeting 10:00am (AWST) on Wednesday, 18 November 2026 DEFINED TERMS Capitalised terms used in this Notice of Annual General Meeting will, unless the context otherwise requires, have the same meaning given to them in the Glossary set out in the Explanatory Statement. IMPORTANT INFORMATION The Board of Directors have elected to hold a physical meeting and have undertaken to implement certain protocols and practices to ensure the safe conduct of the Annual General Meeting in line with general health advisory recommendations. Please note the following: • The Annual General Meeting will be a physical meeting held at The Celtic Club, 48 Ord St, West Perth, WA 6005, at which Shareholders may attend in person or by proxy. • Shareholders are encouraged to vote by proxy. Voting on all Resolutions will be conducted by poll and not by show of hands. AusQuest Limited - 2026 Annual General Meeting Page 3 NOTICE OF ANNUAL GENERAL MEETING Notice is given that the Annual General Meeting of Shareholders will be held at 10:00am (AWST) on Wednesday, 18 November 2026 at The Celtic Club, 48 Ord Street, West Perth WA 6005. The Explanatory Statement to this Notice of Meeting provides additional information on matters to be considered at the Annual General Meeting. The Explanatory Statement and the Proxy Form are part of this Notice of Annual General Meeting. The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Annual General Meeting are those who are registered Shareholders of the Company at 4:00 pm (AWST) on Monday, 16 November 2026. AGENDA 1. Annual Report To receive and consider the financial report of the Company together with the reports of the directors and the auditor for the financial year ended 30 June 2026. 2. Resolution 1 – Adoption of the Remuneration Report To consider and, if thought fit to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of section 250R(2) of the Corporations Act and for all other purposes, the remuneration report for the financial year ended 30 June 2026 be adopted”. Short Explanation: The Remuneration Report is in the Directors’ Report section of the Company’s Annual Report. Listed companies are required to put the Remuneration Report to the vote for adoption at the Company’s Annual General Meeting. The vote on this resolution is advisory only and does not bind the Directors or the Company. 3. Resolution 2 – Re-election of Mr Gregory Hancock as a Director To consider and, if thought fit to pass, with or without amendment, the following resolution as an ordinary resolution: “That Mr Gregory Hancock, a director of the Company who retires in accordance with Clause 3.6 of the Constitution and ASX Listing Rule 14.4, and being eligible, offers himself for re-election, be re-elected as a director of the Company”. 4. Resolution 3 – Approval of 10% Placement Facility To consider and, if thought fit to pass, with or without amendment, the following resolution as a special resolution: “That, pursuant to and in accordance with ASX Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity Securities up to 10% of the issued capital of the Company (at the time of the issue) calculated in accordance with the formula prescribed in ASX Listing Rule 7.1A.2 and otherwise on the terms and conditions in the Explanatory Memorandum.” 5. Resolution 4 – Ratification of Bonus Options to Euroz Hartleys To consider and, if thought fit to pass, with or without amendment, the following resolution as an ordinary resolution: “That for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders ratify the issue by the Company of 15,000,000 Bonus Options to Euroz Hartleys Limited and/or its nominee(s), each exercisable at $0.016 on or before 11 November 2027, in the manner and on the terms and conditions set out in the Explanatory Statement.” BY ORDER OF THE BOARD HENKO VOS Company Secretary Dated: 6 October 2026 AusQuest Limited - 2026 Annual General Meeting Page 4 VOTING PROHIBITION & EXCLUSION CORPORATIONS ACT VOTING PROHIBITION Resolution Excluded persons Exception Resolution 1 For the purposes of sections 250BD and 250R(4) of the Corporations Act, a vote on the Resolution must not be cast, and the Company will disregard votes cast: • by or on behalf of a member of Key Management Personnel the details of whose remuneration is included in the Remuneration Report or their Closely Related Parties, regardless of the capacity in which the vote is cast; or • by a proxy for a member of Key Management Personnel at the date of the Meeting or their Closely Related Parties. Any ineligible votes will not be counted in working out a percentage of votes cast or whether the Resolution is approved. A vote is not prohibited and will not be disregarded if the vote is cast by a proxy on behalf of a person entitled to vote on the Resolution: • in accordance with the directions on how the proxy is to vote, as specified in the proxy appointment; or • by the Chairperson in accordance with the express authorisation in the proxy appointment to exercise the proxy even though it is connected with the remuneration of a member of Key Management Personnel. ASX LISTING RULES VOTING EXCLUSION STATEMENT Resolution Excluded persons Exception Resolution 3 At the date of this Notice, the Company is not proposing to make an issue of Equity Securities under ASX Listing Rule 7.1A.2. Accordingly, a voting exclusion statement for the purposes of ASX Listing Rules 7.3A.7 and 14.11 does not apply to the Resolution. Not applicable. Resolution 4 A vote on the resolution must not be cast by or on behalf of a person who is eligible to participate in, or who will obtain a material benefit as a result of, the issue, or any of their respective associates. The voting exclusion does not apply to a vote cast in favour of the relevant Resolution by: • a person as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with directions given to the proxy or attorney to vote on the Resolution in that way; • the Chair as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: (i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and (ii) the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. AusQuest Limited - 2026 Annual General Meeting Page 5 TIME AND PLACE OF MEETING AND HOW TO VOTE VENUE The Annual General Meeting of the Shareholders to which this Notice of Meeting relates will be held at 10:00am (AWST) on Wednesday, 18 November 2026 at The Celtic Club, 48 Ord Street, West Perth WA 6005. YOUR VOTE IS IMPORTANT The business of the Annual General Meeting affects your shareholding and your vote is important. VOTING IN PERSON To vote in person, attend the Annual General Meeting on the date and at the place or method set out above. VOTING BY PROXY The Proxy Form (and any power of attorney or other authority, if any, under which it is signed) must be received at an address below, or by mail or email on 4:00pm (AWST) on Monday, 16 November 2026. Online: Lodge the Proxy Form online at https://investor.automic.com.au/#/loginsah by following the instructions: Login to the Automic website using the holding details as shown on the Proxy Form. Click on ‘View Meetings’ – ‘Vote’. To use the online lodgement facility, Shareholders will need their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as shown on the front of the Proxy Form. For further information on the online proxy lodgement process please see the Online Proxy Lodgement Guide at https://investor.automic.com.au/#/loginsah By mail: Automic, GPO Box 5193, Sydney NSW 2001 In person: Automic, Level 5, 126 Phillip Street, Sydney NSW 2000 By fax: 02 8583 3040 (within Australia) or +61 2 8583 3040 (outside Australia By email: meetings@automicgroup.com.au APPOINTMENT OF A PROXY A Shareholder entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy. The proxy may, but need not be, a Shareholder. The Company encourages Shareholders to appoint the Chairperson as your proxy. To do so, mark the appropriate box on the Proxy Form. If the person you wish to appoint as your proxy is someone other than the Chairperson, please write the name of that person in the space provided on the Proxy Form. If you leave this section blank, or your named proxy does not attend the Meeting, the Chairperson will be your proxy. You are entitled to appoint up to two persons as proxies to attend the Meeting and vote on a poll. If you wish to appoint a second proxy, you may photocopy the Proxy Form or an additional Proxy Form may be obtained by telephoning the share registry on 1300 288 664 (within Australia) or +61 2 9698 5414 (outside Australia). Please note, it is recommended Shareholders complete their proxy form and send to the Company via the communication methods outlined above. To appoint a second proxy you must, on each Proxy Form, state (in the appropriate box) the percentage of your voting rights which are the subject of the relevant proxy. If both Proxy Forms do not specify that percentage, each proxy may exercise half your votes. Fractions of votes will be disregarded. Lodgement of a Proxy Form will not preclude a Shareholder from attending and voting at the Meeting in person. AusQuest Limited - 2026 Annual General Meeting Page 6 CORPORATE SHAREHOLDERS Corporate Shareholders should comply with the execution requirements set out on the proxy form or otherwise with the provisions of section 127 of the Corporations Act. Section 127 of the Corporations Act provides that a company may execute a document without using its common seal if the document is signed by: • two directors of the company; • a director and a company secretary of the company; or • for a proprietary company that has a sole director who is also the sole company secretary, that director. Corporate Representatives A corporation may elect to appoint an individual to act as its representative in accordance with section 250D of the Corporations Act, in which case the Company will require a certificate of appointment of the corporate representative executed in accordance with the Corporations Act. The certificate of appointment must be lodged with the Company and/or the Company’s share registry before the Annual General Meeting or at the registration desk on the day of the Annual General Meeting. Votes on Resolutions You may direct your proxy how to vote by placing a mark in the ‘FOR’, ‘AGAINST’ or ‘ABSTAIN’ box opposite the Resolution. All your votes will be cast in accordance with such a direction unless you indicate only a portion of voting rights are to be voted on the Resolution by inserting the percentage or number of Shares you wish to vote in the appropriate boxes. If you do not mark any of the boxes next to a Resolution, your proxy may vote as he or she chooses. If you mark more than one box on the Resolution, your vote will be invalid. Chairperson Voting Undirected Proxies If the Chairperson is your proxy, the Chairperson will cast your votes in accordance with your directions on the Proxy Form. If you do not mark any of the boxes on the Resolutions, then you expressly authorise the Chairperson to vote your undirected proxies at his/her discretion. As at the date of this Notice of Annual General Meeting, the Chairperson intends to vote undirected proxies FOR each of the Resolutions. In exceptional cases the Chairperson’s intentions may subsequently change and in this event, the Company will make an announcement to the market. Voting Entitlement (Snapshot Date) For the purposes of determining voting and attendance entitlements at the Meeting, Shares will be taken to be held by the persons who are registered as holding the Shares at 4:00pm (AWST) on Monday, 16 November 2026. Accordingly, transactions registered after that time will be disregarded in determining entitlements to attend and vote at the Meeting. Questions from Shareholders Questions for the Board of Directors can be submitted in the same manner as outlined above for the lodgement of Proxy Forms and must be received be submitted by no later than 4:00pm (AWST) on Monday, 16 November 2026. The Board of Directors will endeavour to prepare answers to these questions, where necessary they will be moderated and curated to cover common ground. AusQuest Limited - 2026 Annual General Meeting Page 7 EXPLANATORY STATEMENT This Explanatory Statement has been prepared for the information of the Shareholders in connection with the business to be conducted at the Annual General Meeting to be held at 10:00am (AWST) on Wednesday, 18 November 2026 at The Celtic Club, 48 Ord Street, West Perth WA 6005. The purpose of this Explanatory Statement is to provide Shareholders with all information known to the Company which is material to a decision on how to vote on all the Resolutions in the accompanying Notice of Annual General Meeting. This Explanatory Statement should be read in conjunction with the Notice of Annual General Meeting. Capitalised terms in this Explanatory Statement are defined in the Glossary or otherwise in the Explanatory Statement. 1. ANNUAL REPORT Section 317 of the Corporations Act requires the reports of the directors and of the auditors and the Annual Report, including the financial statements, to be put before the Annual General Meeting and the Constitution provides for those reports and statements to be received and considered at the Annual General Meeting. Neither the Corporations Act nor the Constitution requires a vote of Shareholders at the Annual General Meeting on the reports or statements. However, Shareholders will be given the opportunity to raise questions on the reports and the statements at the Annual General Meeting. The Company’s 2026 Annual Report is available at www.ausquest.com.au. Those shareholders that elected to receive a printed copy of the Annual Report will have received a copy with this Notice of Annual General Meeting. At the Meeting, Shareholders will be offered the opportunity to: (a) discuss the Annual Report; (b) ask questions about, or comment on, the management of the Company; and (c) ask the auditor questions about the conduct of the audit and the preparation and content of the Auditor’s Report. In addition to taking questions at the Meeting, written questions to the Chairperson about the management of the Company, or to the Company’s auditor about: (a) the preparation and the content of the Auditor’s Report; (b) the conduct of the audit; (c) accounting policies of the Company in relation to the preparation of the financial statements; and (d) the independence of the auditor in relation to the conduct of the audit, may be submitted no later than five business days before the Meeting to the Company Secretary at the Company’s registered office. 2. RESOLUTION 1 – ADOPTION OF THE REMUNERATION REPORT 2.1 General The Remuneration Report is in the Directors Report section of the Company’s Annual Report. By way of summary, the Remuneration Report: (a) explains the Company’s remuneration policy and the process for determining the remuneration of its Directors and executive officers; (b) addresses the relationship between the Company’s remuneration policy and the Company’s performance; and AusQuest Limited - 2026 Annual General Meeting Page 8 (c) sets out remuneration details for each Director and each of the Company’s executives named in the Remuneration Report for the financial year ended 30 June 2026. Section 250R(2) of the Corporations Act requires companies to put a resolution to their members that the Remuneration Report be adopted. The vote on this resolution is advisory only, however, and does not bind the Board or the Company. The Board will consider the outcome of the vote and comments made by Shareholders on the Remuneration Report at the meeting when reviewing the Company’s remuneration policies. The Chairperson will give Shareholders a reasonable opportunity to ask questions about or to make comments on the Remuneration Report. Under the Corporations Act, if 25% or more of votes that are cast are voted against the adoption of the Remuneration Report at two consecutive annual general meetings, Shareholders will be required to vote at the second of those annual general meetings on a resolution that a further meeting is held at which all of the Company’s Directors (other than the Managing Director) must stand for re-election (Spill Resolution). Voting on this resolution will be determined by a poll at the meeting rather than a show of hands. Shareholders voted in favour (98.20%) of the Remuneration Report at the 2025 Annual General Meeting held on 18 November 2025. Accordingly, a Spill Resolution will not under any circumstances be required for this year’s Annual General Meeting. 2.2 Board Recommendation – Resolution 1 The Directors decline to make a recommendation as to how Shareholders should vote on Resolution 1 as they each have an interest in the outcome of the Resolution. A voting prohibition statement applies to this Resolution. 2.3 Undirected Proxies The Chairperson intends to exercise all undirected proxies in favour of Resolution 1. If the Chairperson of the Meeting is appointed as your proxy and you have not specified the way the Chairperson is to vote on Resolution 1, by signing and returning the Proxy Form, the Shareholder is considered to have provided the Chairperson with an express authorisation to vote the proxy in accordance with the Chairperson’s intention. Any undirected proxies held by any other key management personnel or any of their closely related parties will not be voted on this resolution. Key management personnel of the Company has the same meaning as set out in the accounting standards and includes the Directors of the Company and those other persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly. The Remuneration Report identifies the Company’s key management personnel for the financial year to 30 June 2026. Their closely related parties are defined in the Corporations Act, and include certain members of their family, dependents and companies they control. 3. RESOLUTION 2 – RE-ELECTION OF MR GREGORY HANCOCK AS A DIRECTOR 3.1 General ASX Listing Rule 14.4 and Clause 3.6 of the Company’s Constitution provide that a re-election of Directors must be held at each annual general meeting. The Directors (excluding the Managing Director) to retire are those who have been in office for 3 years since their appointment or last re-appointment or who have been longest in office since their appointment or last re-appointment or, if the Directors have been in office for an equal length of time, by agreement. Mr Gregory Hancock was re-elected at the Annual General Meeting held on 13 November 2024 and accordingly, being the longest serving, retires from office in accordance with these requirements and being eligible, offers himself for re- election by Shareholders as a Director of the Company, with effect from the end of the meeting. If Resolution 2 is passed, Mr Hancock will be re-elected as a Director. AusQuest Limited - 2026 Annual General Meeting Page 9 If Resolution 2 is not passed, Mr Hancock will not be re-elected as a Director and the Company may have less than three Directors on the Board, in which case the Company will immediately appoint a new Director to the Board as a casual vacancy in accordance with the Constitution to ensure the Company has the requisite number of directors required by the Corporations Act. 3.2 Biography Mr Hancock is Managing Director of Hancock Corporate Investments Pty Ltd, a specialist Corporate Advisory practice. He has been a Non-Executive Director of AusQuest since its listing in 2003. Mr Hancock has over 30 years’ experience in capital markets practising in the area of Corporate Finance. He has extensive experience in both Australia and the United Kingdom. In this time, he has specialised in mining and natural resources and has a background in the finance and management of small, listed companies. Mr Hancock is the Non-Executive Chairman of ASX listed Tetragon Energy Ltd and Non-Executive Director of WA Gold Ltd. Mr Hancock continues his close association with the capital markets in Australia and the United Kingdom through his private company Hancock Corporate Investments Pty Ltd. Board Recommendation – Resolution 2 Resolution 2 is an ordinary resolution. The Chairperson intends to exercise all available proxies in favour of Resolution 2. The Board (excluding Mr Hancock) supports the re-election of Mr Hancock to the Board and recommends that Shareholders vote in favour of Resolution 2. 4. RESOLUTION 3 – APPROVAL OF 10% PLACEMENT FACILITY 4.1 General ASX Listing Rule 7.1A enables eligible entities to issue Equity Securities up to 10% of its issued share capital through placements over a 12-month period after the annual general meeting (10% Placement Facility). The 10% Placement Facility is in addition to the Company’s 15% placement capacity under ASX Listing Rule 7.1. The Company is an eligible entity for the purposes of Listing Rule 7.1A. An eligible entity is an entity that is not included in the S&P/ASX 300 Index and has a market capitalisation of $300 million or less. The Company is an eligible entity. The Company is now seeking shareholder approval by way of a special resolution to have the ability to issue Equity Securities under the 10% Placement Facility. The exact number of Equity Securities to be issued under the 10% Placement Facility will be determined in accordance with the formula prescribed in Listing Rule 7.1A.2 (refer to Section 4.2(c) below). If Resolution 3 is passed, the Company will be able to issue equity securities up to the combined 25% limit in Listing Rules 7.1 and 7.1A, without any further shareholder approval. If Resolution 3 is not passed, the Company will not be able to access the additional 10% capacity to issue equity securities to issue equity securities without shareholder approval provided for in Listing Rule 7.1A and will remain subject to the 15% limit on issuing equity securities without shareholder approval set out in ASX Listing Rule 7.1. The Directors of the Company believe that Resolution 3 is in the best interests of the Company because if exploration success is achieved at its Australian or Peruvian projects in particular, over the next 12 months, this resolution provides the ability for the Company to raise additional funds quickly. The Directors unanimously recommend that Shareholders vote in favour of this Resolution. 4.2 Description of ASX Listing Rule 7.1A (a) Shareholder approval The ability to issue Equity Securities under the 10% Placement Facility is subject to shareholder approval by way of a special resolution at an annual general meeting. Accordingly, at least 75% of votes cast by Shareholders present (in person, or by proxy or representative) and eligible to vote at the Meeting must be in favour of Resolution 3 for it to be passed. (b) Equity securities Any Equity Securities issued under the 10% Placement Facility must be in the same class as an existing quoted class of Equity Securities of the Company. AusQuest Limited - 2026 Annual General Meeting Page 10 The Company, as at the date of the Notice, has on issue three classes of Equity Securities, namely quoted Shares, unquoted Options and unquoted Performance Rights. (c) Formula for calculating 10% Placement ASX Listing Rule 7.1A.2 provides that eligible entities which have obtained shareholder approval at an annual general meeting may issue or agree to issue, during the 12-month period after the date of the annual general meeting, a number of Equity Securities calculated in accordance with the following formula: (A x D) – E where A = The number of fully paid ordinary shares on issue at the commencement of the 12 months immediately preceding the date of issue or agreement to issue: • plus the number of fully paid ordinary securities issued in the 12 months under an exception to Listing Rule 7.2 other than exception 9, 16 or 17; • plus the number of fully paid ordinary securities issued in the relevant period on the conversion of convertible securities within Listing Rule 7.2 exception 9 where: o the convertible securities were issued or agreed to be issued before the commencement of the relevant period; or o the issue of, or agreement to issue the convertible securities was approve or taken under these rules to have been approved under Listing Rule 7.1 or 7.4; • plus the number of fully paid ordinary securities issued in the relevant period under an agreement to issue securities within Listing Rule 7.2 exception 16 where: o the agreement was entered into before the commencement of the relevant period; or o the agreement or issue was approved, or taken under these rules to have been approved under Listing Rule 7.1 or rule 7.4; • plus the number of any other fully paid ordinary securities issued in the relevant period with approval under Listing Rule 7.1 or rule 7.4; • plus the number of partly paid ordinary securities that became fully paid in the relevant period; and • less the number of fully paid ordinary securities cancelled in the last 12 months. Note that A has the same meaning in Listing Rule 7.1 when calculating an entity’s 15% placement capacity. D = 10% E = the number of equity securities issued or agreed to be issued under Listing Rule 7.1A.2 in the last