Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 7 Announcement Summary Entity name AVA RISK GROUP LIMITED Date of this announcement Friday April 10, 2026 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed Convertible notes; convertible at $0.1234; 48 (+12 option) month maturity 4,020,816 10/04/2026 Refer to next page for full details of the announcement +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 7 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 ACN Registration number 064089318 1.3 ASX issuer code AVA 1.4 The announcement is 1.5 Date of this announcement 10/4/2026 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 7 Part 2 - Issue details 2.1 The +securities the subject of this notification are: Previous Appendix 3B details: Announcement Date and Time 06-Jan-2026 08:54 Announcement Title New - Proposed issue of securities - AVA Selected Appendix 3B to submit quotation request A placement or other type of issue 2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? 2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B 26,066,875 warrants referred to in that Appendix 3B, and issued via concurrent Appendix 3G. Yes +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 7 Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 10/4/2026 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 4,020,816 Were the +securities issued for a cash consideration? Please describe the consideration being provided for the +securities NIL No Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 7 Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code New class - code to be confirmed +Security description Convertible notes; convertible at $0.1234; 48 (+12 option) month maturity +Security type +Convertible debt securities ISIN code Date the +securities the subject of this notification were issued 10/4/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03046442 +Convertible debt securities Details Type of +security Convertible note or bond +Security currency AUD - Australian Dollar Face value AUD 1.00000000 Interest rate type Floating rate Frequency of coupon/interest payments per year Quarterly First interest payment date 1/7/2026 Does the interest rate include a reference rate, base rate or market rate (e.g. BBSW or CPI)? What is the reference rate, base rate or market rate? BBSW Does the interest rate include a margin above the reference rate, base rate or market rate? What is the margin above the reference rate, base rate or market rate (expressed as a percent per annum)? 6.00 % s128F of the Income Tax Assessment Act status applicable to the +security Not s128F exempt Is the +security perpetual (i.e. no maturity)? Maturity date 30/1/2030 Select other feature(s) applicable to the +security No Yes Yes No Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 7 Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is first)? If yes, what is the first trigger date? 31/7/2027 Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged AVA : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification AVA has an option to extend the maturity date for a further 12 months. Issue details Number of +securities 4,020,816 Yes Extendable Extendable Cumulative Cumulative Secured Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7 / 7 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 291,099,082 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue AVAAC : WARRANTS 45,380,875 AVAAD : CONVERTIBLE NOTES 2,979,184 AVAAB : PERFORMANCE SHARE RIGHTS 942,070 New class - code to be confirmed : Convertible notes; convertible at $0.1234; 48 (+12 option) month maturity 4,020,816