Keypath Education International : Notification regarding unquoted securities - KED

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

Entity name

For personal use only

KEYPATH EDUCATION INTERNATIONAL INC.

Date of this announcement Monday April 04, 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
KEDAA	OPTION EXPIRING VARIOUS DATES EX	90,711	01/02/2022
VARIOUS PRICES

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

KEYPATH EDUCATION INTERNATIONAL INC.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ARBN

1.3 ASX issuer code KED

1.4 The announcement isNew announcement

1.5 Date of this announcement 4/4/2022

Registration number 649711026

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

KEDAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued 1/2/2022

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?

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 terms

The 2021 Equity Incentive Plan under which the securities were issued was announced to the ASX Platform on 1 June 2021 and is available to download from:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02380573-2A1301196?access_token=83ff96335c2d45a094df02a206a39ff4

Any other information the entity wishes to provide about the +securities the subject of this notification 90,711 options issued on February 1, 2022 which have an exercise price of A$2.40.

Issue details

Number of +securities

90,711

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 4 - +Securities on issue

For personal use only

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

Total number ofASX +security code and description

+securities on issue

KED : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB

208,223,105

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Total number of

ASX +security code and description	+securities on issue
KEDAB : CDI RIGHTS	9,167,120
KEDAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	5,835,571

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

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