| Schedule of Employee Option Plan |
Set out below are summaries of all listed and unlisted options. | | | 2026 | | | 2025 | | | 2024 | | | | | Weighted average exercise price per share | | | Number of | | | Weighted average exercise price per share | | | Number of | | | Weighted average exercise price per share | | | Number of | | | | | option | | | options | | | option | | | options | | | option | | | options | | | As at 1 July | | $ | 0.13 | | | | 237,595,186 | | | $ | 0.31 | | | | 77,473,719 | | | $ | 0.36 | | | | 58,678,263 | | | Granted during the year | | $ | 0.02 | | | | 214,480,666 | | | $ | 0.05 | | | | 164,772,115 | | | $ | 0.11 | | | | 18,795,456 | | | Forfeited during the year | | | 0.12 | | | | (43,830,802 | ) | | $ | 0.01 | | | | (4,650,648 | ) | | $ | - | | | | - | | | As at 30 June | | $ | 0.08 | | | | 408,245,050 | | | $ | 0.13 | | | | 237,595,186 | | | $ | 0.31 | | | | 77,473,719 | | | Vested and exercisable at 30 June | | $ | 0.16 | | | | 140,210,497 | | | $ | 0.30 | | | | 68,176,817 | | | $ | 0.46 | | | | 32,931,239 | |
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| Schedule of Share Options Outstanding |
Share options outstanding at the end of the year have the following expiry date and exercise prices: | Grant date | | Expiry date | | Exercise price | | | Share options 30 June 2026 | | | Share options 30 June 2025 | | | Share options 30 June 2024 | | | 2021-03-29 | | 2025-11-25 | | | 0.6000 | | | | - | | | | 1,900,022 | | | | 1,900,002 | | | 2021-04-05 | | 2025-11-25 | | | 0.6000 | | | | - | | | | 1,900,002 | | | | 1,900,002 | | | 2021-04-26 | | 2025-11-25 | | | 0.6000 | | | | - | | | | 1,900,002 | | | | 1,900,002 | | | 2021-06-27 | | 2026-11-25 | | | 0.6000 | | | | 2,533,336 | | | | 2,533,336 | | | | 2,533,336 | | | 2021-07-28 | | 2026-11-25 | | | 0.6000 | | | | 2,533,336 | | | | 2,533,336 | | | | 2,533,336 | | | 2021-08-02 | | 2026-11-25 | | | 0.6000 | | | | 8,666,678 | | | | 8,666,678 | | | | 8,666,678 | | | 2021-12-21 | | 2025-12-21 | | | 0.6000 | | | | - | | | | 400,000 | | | | 400,000 | | | 2022-03-02 | | 2027-05-27 | | | 0.6000 | | | | 740,000 | | | | 740,000 | | | | 740,000 | | | 2022-04-22 | | 2027-06-01 | | | 0.6000 | | | | 1,666,500 | | | | 1,666,500 | | | | 2,500,000 | | | 2022-07-01 | | 2027-07-01 | | | 0.1700 | | | | 12,425,675 | | | | 13,137,976 | | | | 13,137,976 | | | 2022-11-16 | | 2026-12-01 | | | 0.6000 | | | | 3,800,004 | | | | 3,800,004 | | | | 3,800,004 | | | 2022-11-16 | | 2027-06-30 | | | 0.1700 | | | | 18,366,927 | | | | 18,366,927 | | | | 18,366,927 | | | 2023-02-07 | | 2028-02-01 | | | 0.1551 | | | | 100,000 | | | | 100,000 | | | | 100,000 | | | 2023-05-18 | | 2028-06-30 | | | 0.1980 | | | | 200,000 | | | | 200,000 | | | | 200,000 | | | 2023-06-01 | | 2026-05-31 | | | 0.1400 | | | | - | | | | 505,598 | | | | 505,598 | | | 2023-07-01 | | 2028-07-01 | | | 0.1120 | | | | 3,658,514 | | | | 3,658,514 | | | | 7,176,190 | | | 2023-07-24 | | 2028-07-24 | | | 0.1210 | | | | 500,000 | | | | 500,000 | | | | 500,000 | | | 2023-11-16 | | 2028-07-01 | | | 0.1100 | | | | 10,113,668 | | | | 10,113,668 | | | | 10,113,668 | | | 2023-12-13 | | 2028-12-13 | | | 0.0760 | | | | 500,000 | | | | 500,000 | | | | 500,000 | | | 2024-06-01 | | 2027-05-31 | | | 0.0320 | | | | 2,300,838 | | | | 2,300,838 | | | | 2,300,838 | | | 2024-07-01 | | 2029-07-01 | | | 0.0410 | | | | 25,904,884 | | | | 30,480,627 | | | | - | | | 2024-08-23 | | 2026-09-30 | | | 0.0600 | | | | 24,000,000 | | | | 24,000,000 | | | | - | | | 2024-11-25 | | 2029-06-30 | | | 0.0410 | | | | 59,290,690 | | | | 59,290,690 | | | | - | | | 2024-11-25 | | 2029-09-30 | | | 0.0600 | | | | 37,333,334 | | | | 48,000,000 | | | | - | | | 2025-01-30 | | 2028-12-13 | | | 0.0270 | | | | 400,000 | | | | 400,000 | | | | - | | | 2025-07-01 | | 2030-07-01 | | | 0.0250 | | | | 86,250,000 | | | | - | | | | - | | | 2025-08-01 | | 2030-08-01 | | | 0.0600 | | | | 5,000,000 | | | | - | | | | - | | | 2025-11-20 | | 2030-07-01 | | | 0.0250 | | | | 99,294,000 | | | | - | | | | - | | | 2026-06-01 | | 2031-06-01 | | | 0.0600 | | | | 2,666,666 | | | | - | | | | - | | | Total | | | | | | | | | 408,245,050 | | | | 237,594,698 | | | | 79,774,557 | | The following options were granted outside of the OIP plan to non-employees, vesting immediately upon issue. The outstanding balance at the end of the year is detailed below: | Grant date | | Expiry date | | Exercise price | | | Share options 30 June 2026 | | | Share options 30 June 2025 | | | Share options 30 June 2024 | | | 2021-09-13 | | 2024-11-25 | | | - | | | | - | | | | - | | | | 13,680,012 | | | 2022-11-25 | | 2026-11-30 | | | 0.200 | | | | 79,352,040 | | | | 79,352,040 | | | | 79,352,040 | | | 2023-11-14 | | 2028-07-01 | | | 0.110 | | | | 7,500,000 | | | | 7,500,000 | | | | 7,500,000 | | | 2024-02-06 | | 2028-04-30 | | | 0.090 | | | | 8,955,224 | | | | 8,955,224 | | | | 8,955,224 | | | 2024-08-28 | | 2026-08-24 | | | 0.060 | | | | 818,890,534 | | | | 818,890,534 | | | | - | | | 2025-12-09 | | 2027-10-31 | | | 0.039 | | | | 1,179,266,658 | | | | | | | | | | | Total | | | | | | | | | 2,093,964,456 | | | | 914,697,798 | | | | 109,487,276 | | | Weighted average remaining contractual life of options outstanding at end of year | | | 3.02 | | | | 3.12 | | | | 2.98 | |
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