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

Announcement Summary

use only

Entity name

INCITEC PIVOT LIMITED

Date of this announcement

Tuesday January 18, 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

IPLAJ

PERFORMANCE RIGHTS

1,990,519

17/01/2022

For personal

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

INCITEC PIVOT 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

ABN

42004080264

1.3

ASX issuer code

IPL

1.4 The announcement is

New announcement

1.5

Date of this announcement

18/1/2022

Notification of Issue, Conversion or Payment up of Unquoted

2 / 7

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

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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

IPLAJ : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

17/1/2022

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

Yes

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

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

751,649

Jeanne Johns

Same

188,218

Greg Hayne

Same

175,996

Stephan Titze

Same

203,170

Braden Lusk

Same

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

For further information, please refer to Incitec Pivot Limited's 2021 Notice of Meetinghttps://investors(.incitecpivot.com.au/static-files/bceea48b-906c-4b93-91e9-b197a7a44c52) and the 2021 Remuneration Report, contained in the 2021 Annual Report (https://investors.incitecpivot.com.au/static-files/28580063-27ec-4be8-bc43-2040e4a7cf37)

Any other information the entity wishes to provide about the +securities the subject of this notification

N/A

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

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

Issue details

Number of +securities

1,990,519

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted

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Incitec Pivot Limited published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 05:54:06 UTC.