Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name AVA RISK GROUP LIMITED Date of this announcement Friday November 01, 2024 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 ASX +security code Security description AVAAB PERFORMANCE SHARE RIGHTS Total number of +securities to be issued/transferred Issue date 2,600,000 01/11/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity AVA RISK GROUP 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 67064089318 1.3 ASX issuer code AVA 1.4 The announcement is New announcement 1.5 Date of this announcement 1/11/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/6 Appendix 3G - 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 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") Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/6 Appendix 3G - 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 ASX +security code and description AVAAB : PERFORMANCE SHARE RIGHTS Date the +securities the subject of this notification were issued 1/11/2024 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 David Cronin David Cronin 200,000 Michael McGeever Michael McGeever 200,000 Mark Stevens Mark Stevens 200,000 Malcolm Maginnis Malcolm Maginnis 2,000,000 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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02858358-3A651731 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 2,600,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue AVA : ORDINARY FULLY PAID 290,138,693 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description AVAAB : PERFORMANCE SHARE RIGHTS Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Total number of +securities on issue 7,665,103 5/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 31/10/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6/6