Ann: Appendix 3B, page-3

What's going on with all these options and performance rights, can't these guys keep things simple?

There will be 7 million options exercised by June, and 1,078,125 that will probably lapse in July.

These June options provide about $672k for the company.

I expect the next step is more options and performance rights for 2022, I'd say probably at 30c to 35c, for approval at the next meeting.
I'm sure the remuneration committee is working hard.

(Options & Perf Rights 2019)
5,000,000 (WAFAZ)
Options with an exercise price of 8.45 cents expiring 6 June 2019
1,000,000 (WAFAZ)
Options with an exercise price of 10.0 cents expiring 3 June 2019
1,000,000 (WAFAZ)
Options with an exercise price of 15.0 cents expiring 3 June 2019
1,078,125 (WAFAZ)
Options with an exercise price of A$32.00 cents (C$32.24 cents) expiring 24 July 2019

Options & Perf Rights 2020)
400,000 (WAFAZ)
Options with an exercise price of 24.0 cents expiring 21 March 2020
500,000 (WAFAZ)
Options with an exercise price of 24.0 cents expiring 12 May 2020
750,000 (WAFAZ)
Options with an exercise price of 37.5 cents expiring 18 October 2020
2,750,000 (WAFAZ)
Options with an exercise price of 24 cents expiring 9 November 2020

(Options & Perf Rights 2021)
1,250,000 (WAFAZ)
Options with an exercise price of 41 cents expiring 29 March 2021
500,000 (WAFAZ)
Options with an exercise price of 31 cents expiring 26 September 2021
1,000,000 (WAFAZ)
Options with an exercise price of 31 cents expiring 28 November 2021
2,500,000 (WAFAZ)
Options with an exercise price of 32 cents expiring 28 December 2021
1,022,565 (WAFAA)
Performance rights – ZEPO - expiring 28 Dec 2021
259,516
Options with an exercise price of Nil cents expiring 14 Feb 21

(Options & Perf Rights 2022)
1,223,828 (WAFAA)
Performance rights – ZEPO - expiring 28 Dec 2022 with exercise price of 43 cents

(Options & Perf Rights 2023)
944,167 (WAFAA)
Performance rights – ZEPO - expiring 28 Dec 2023

Gw