Praemium : Appendix 3B - New issue announcement application for quotation of additional securities and agreement

Appendix 3B

New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Praemium Limited

ABN 74 098 405 826

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1

+Class of +securities issued or to be issued

Ordinary Shares

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

138,214 shares issued.

3

Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

Fully paid ordinary shares issued.

+ See chapter 19 for defined terms.

Appendix 3B Page 1

4

Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

If the additional +securities do not rank equally, please state:

•  the date from which they do

•  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

•  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

5

Issue price or considerationYes. The new ordinary shares will rank equally with the existing ordinary shares in issue traded under ASX ticker code PPS.

Nil.

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

6aIs the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in

relation to the +securities the subject of this Appendix 3B, and comply with section 6i

6bThe date the security holder resolution under rule 7.1A was passed

Under Praemium's Directors & Employees Benefits Plan:

1. Conversion of Performance Rights to Shares for Praemium's CEO following approval by shareholders at the Company's AGM; and

2. Conversion of Performance Rights to Shares for employees.

Not applicable.

6cNumber of +securities issued without security holder approval under rule 7.1

6dNumber of +securities issued with security holder approval under rule 7.1A

6eNumber of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

6fNumber of +securities issued under an exception in rule 7.2

6gIf +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3?

Include the +issue date and both values. Include the source of the VWAP calculation.

6hIf +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

6iCalculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

Refer Annexure 1

7

+Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8

Number and +class of all +securities quoted on ASX

(including the +securities in section 2 if applicable)

28 November 2018

Number	+Class
405,074,641	404,936,427 existing fully paid ordinary shares, plus 138,214 new fully paid ordinary shares issued.

• 9 Number and +class of all +securities not quoted on ASX (including the +securities in section 2 if applicable)

  Number	+Class
  9,007,276	Performance Rights & Options (see detailed table attached as attachment A)

• 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

No change in dividend policy.

Part 2 - Pro rata issue

11	Is security holder approval required?
12	Is the issue renounceable or non-
renounceable?
13	Ratio in which the +securities will be
offered
14	+Class of +securities to which the offer
relates
15	+Record date to determine entitlements
16	Will holdings on different registers (or
subregisters) be aggregated for
calculating entitlements?
17	Policy for deciding entitlements in
relation to fractions
18	Names of countries in which the entity
has security holders who will not be
sent new offer documents
Note: Security holders must be told how
their entitlements are to be dealt with.
Cross reference: rule 7.7.
19	Closing date for receipt of acceptances
or renunciations

Appendix 3B

New issue announcement

• 20 Names of any underwriters

• 21 Amount of any underwriting fee or commission

• 22 Names of any brokers to the issue

• 23 Fee or commission payable to the broker to the issue

• 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders

• 25 If the issue is contingent on security holders' approval, the date of the meeting

• 26 Date entitlement and acceptance form and offer documents will be sent to persons entitled

• 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders

• 28 Date rights trading will begin (if applicable)

• 29 Date rights trading will end (if applicable)

• 30 How do security holders sell their entitlements in full through a broker?

• 31 How do security holders sell part of their entitlements through a broker and accept for the balance?

+ See chapter 19 for defined terms.

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