Application for quotation of +securities Announcement Summary Entity name PHARMAUST LIMITED Announcement Type New announcement Date of this announcement Tuesday January 02, 2024 The +securities to be quoted are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted ASX +security code Security description Number of +securities to be quoted Issue date PAA ORDINARY FULLY PAID 10,750,000 02/01/2024 PAAOA OPTION EXPIRING 30-APR-2026 7,166,670 02/01/2024 Refer to next page for full details of the announcement Application for quotation of +securities 1/7 Application for quotation of +securities Part 1 - Entity and announcement details 1.1 Name of entity PHARMAUST 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. 1.2 Registered number type Registration number ABN 35094006023 1.3 ASX issuer code PAA 1.4 The announcement is New announcement 1.5 Date of this announcement 2/1/2024 Application for quotation of +securities 2/7 Application for quotation of +securities Part 2 - Type of Issue 2.1 The +securities to be quoted are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Previous Appendix 3B details: Announcement Date and Time Announcement Title Selected Appendix 3B to submit quotation request 18-Dec-2023 09:15 Update - Update - Proposed issue of securities - PAA A placement or other type of issue 2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? Yes 2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B The third tranche of the Placement will be undertaken in February 2024 where 450,000 Shares and 300,000 Placement Options will be issued to Sam Wright, a Director. This third tranche is subject to Shareholder approval to be sought in February 2024. Application for quotation of +securities 3/7 Application for quotation of +securities Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description PAA : ORDINARY FULLY PAID Issue date 2/1/2024 Distribution Schedule Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category. Number of +securities held Number of holders Total percentage of +securities held For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over % Application for quotation of +securities 4/7 Application for quotation of +securities Issue details Number of +securities to be quoted 10,750,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.10000000 Any other information the entity wishes to provide about the +securities to be quoted ASX +security code and description PAAOA : OPTION EXPIRING 30-APR-2026 Issue date 2/1/2024 Distribution Schedule Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category. Number of +securities held Number of holders Total percentage of +securities held For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over % Application for quotation of +securities 5/7 Application for quotation of +securities Issue details Number of +securities to be quoted 7,166,670 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities 2:3 attaching options Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Application for quotation of +securities 6/7 Application for quotation of +securities Part 4 - Issued capital following quotation Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application) Total number of +securities on issue ASX +security code and description PAA : ORDINARY FULLY PAID 384,815,597 PAAOA : OPTION EXPIRING 30-APR-2026 105,799,087 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description PAAAK : OPTION EXPIRING 30-APR-2026 EX $0.15 16,150,006 PAAAM : OPTION EXPIRING 28-FEB-2026 EX $0.10 2,730,000 PAAAG : PERFORMANCE RIGHTS 2,400,000 Application for quotation of +securities 7/7