Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 7 Announcement Summary Entity name ELIXINOL WELLNESS LIMITED Date of this announcement Monday December 08, 2025 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed OPTION EXPIRING 23-OCT-2027 EX $0.02 50,000,000 28/11/2025 Refer to next page for full details of the announcement +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 7 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 ACN Registration number 621479794 1.3 ASX issuer code EXL 1.4 The announcement is 1.5 Date of this announcement 8/12/2025 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 7 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 7 Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code New class - code to be confirmed +Security description OPTION EXPIRING 23-OCT-2027 EX $0.02 +Security type Options ISIN code Date the +securities the subject of this notification were issued 28/11/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. The terms and conditions match those contained in the prospectus lodged with the ASX on 30 October 2025. These options are however not intended to be listed on the ASX: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-rese arch/1.0/file/2924-03016716-3A680260&v=undefined Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.02000000 Expiry date 23/10/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option EXL : ORDINARY FULLY PAID Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02936771-3A666321&v=undefined Any other information the entity wishes to provide about the +securities the subject of this notification These options are granted to Gavin Evans, recently appointed director, pursuant to his Strategic Advisory consulting agreement, which commenced 1 August 2025. At the date of entering into this agreement there was no intention of Gavin joining the Board. David Fenlon, the director replaced by Gavin, notified the Board of his intention to resign for personal reasons with little notice. When Gavin agreed to replace David, the company commenced the process of issuing these options, which were agreed to be issued post the recently held EGM, as noted in the consultancy agreement. No No Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 7 Issue details Number of +securities 50,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 7 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 92,951,732 EXL : ORDINARY FULLY PAID 413,987,731 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 EXLAC : PERFORMANCE RIGHTS 94,637 New class - code to be confirmed : OPTION EXPIRING 23-OCT-2027 EX $0.02 50,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7 / 7 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? 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? 5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 50,000,000 5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No Yes No No