Appen : Notification regarding unquoted securities - APX

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

For personal use only

Entity name APPEN LIMITED

Date of this announcement Wednesday April 13, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security	+securities to be
code	Security description	issued/transferred	Issue date
APXAB	PERFORMANCE RIGHTS	747,461	01/01/2022

Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity APPEN 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 ABN

1.3 ASX issuer code APX

1.4 The announcement isNew announcement

1.5 Date of this announcement 13/4/2022

Registration number 60138878298

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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 securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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")

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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

For personal use only

ASX +security code and description APXAB : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued 1/1/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

No

If some of the issued +securities do not rank equally:

Is the actual date from which the +securities will rank equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

The performance rights to which this Notice relates rank equally in all respects to existing performance rights on issue under the code APXAB with the exception of differing exercise prices and expiry dates.

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; orFor any other reason

The performance rights to which this Notice relates rank equally in all respects to existing performance rights on issue under the code APXAB with the exception of differing exercise prices and expiry dates. Unlisted performance rights are not entitled to participate in dividends until they vest, are exercised and are quoted securities. upon vesting and being exercised all performance rights will rank equally with existing quoted shares.

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://appen.com/investors/corporate-governance/

Any other information the entity wishes to provide about the +securities the subject of this notification No

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

Number of +securities

747,461

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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