Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name ELIXINOL WELLNESS LIMITED Date of this announcement Friday May 31, 2024 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code Security description EXLAC PERFORMANCE RIGHTS Total number of +securities to be issued/transferred Issue date 19,699,811 31/05/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity ELIXINOL WELLNESS LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ACN 621479794 1.3 ASX issuer code EXL 1.4 The announcement is New announcement 1.5 Date of this announcement 31/5/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Other Please specify Director Fee Rights issued in lieu of a portion of cash remuneration for Directors' fees. 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: has an existing ASX security code ("existing class") Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B Additional +securities in an existing class ASX +security code and description EXLAC : PERFORMANCE RIGHTS Date the +securities the subject of this notification were issued 31/5/2024 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes Any other information the entity wishes to provide about the +securities the subject of this notification All vested Rights will convert to one Ordinary Share. Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B Rights were approved at the Company's Annual General Meeting held on 30 May 2024. Issue details Number of +securities 19,699,811 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Rights were issued in lieu of cash remuneration for Directors Fees, as approved at the Company's Annual General Meeting held on 30 May 2024. Purpose of the issue Other Additional Details Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue EXLO : OPTION EXPIRING 22-MAR-2027 632,871,679 EXL : ORDINARY FULLY PAID 1,301,074,055 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue EXLAF : OPTION EXPIRING 31-AUG-2025 EX $0.02 2,291,667 EXLAD : OPTION EXPIRING 07-JUN-2025 EX $0.02 131,000,001 EXLAG : OPTION EXPIRING 23-NOV-2025 EX $0.02 1,527,778 EXLAC : PERFORMANCE RIGHTS 48,563,256 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes 5.1a Select the number of the applicable exception in Listing Rule 7.2 14 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6/6