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Appendix 3B - Proposed issue of securities Announcement Summary Entity name ALTERITY THERAPEUTICS LIMITED Announcement Type New announcement Date of this announcement 19/3/2026 The Proposed issue is: A placement or other

Key Takeaway: Alterity Therapeutics Limited announced a proposed issue of 150 million options with an expiration date set for five years from the issuance at an exercise price of A$0.02. The announcement is part of a capital raising strategy, which needs security holder approval scheduled for May 27, 2026. If approved, this issuance aims to enhance the company's financial resources. However, uncertainties remain regarding the time frame for this approval and the specific uses of the raised funds.

Market Sentiment Analysis

POSITIVE FACTORS

  • Proposed issue of 150 million options may boost capital.
  • Option exercise price of A$0.02 could attract investors.
  • Potential growth in share value with successful placement.

CONCERNS & RISKS

  • Need for security holder approval by 27/5/2026 adds uncertainty.
  • Dependence on upcoming approval could delay funding.
  • Details about the use of proceeds are limited.

Full Press Release Details

Announcement Summary
ALTERITY THERAPEUTICS LIMITED
Date of this announcement
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued
for a placement or other type of issue
ASX +security code +Security description Maximum Number of +securities to be issued
New class-code to be confirmed Options with expiry date five (5) years after date of issue and exercise price of A$0.02. 150,000,000
Proposed +issue date
Refer to next page for full details of the announcement
Part 1 - Entity and announcement details
1.1 Name of +Entity
ALTERITY THERAPEUTICS LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 Registered Number Type Registration Number
ABN 37080699065
1.3 ASX issuer code
ATH
1.4 The announcement is
New announcement
1.5 Date of this announcement
19/3/2026
1.6 The Proposed issue is:
A placement or other type of issue
Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the
placement or other type of issue can proceed on an unconditional basis?
Approval/Condition Date for determination Is the date estimated or actual? ** Approval received/condition met?
+Security holder approval 27/5/2026 Estimated
Part 7B - Issue details
Details of +securities proposed to be issued
ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)
ASX +security code +Security description
New class-code to be confirmed Options with expiry date five (5) years after date of issue and exercise price of A$0.02.
Number of +securities proposed to be issued
Are the +securities proposed to be issued being issued for a cash consideration?
Please describe the consideration being provided for the +securities
Please provide an estimate of the AUD equivalent of the consideration being provided for the
Will all the +securities issued in this class rank equally in all respects from their issue
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.0200 26/6/2031
Details of the type of +security that will be issued if the option is exercised
ATH : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
One fully paid ordinary share (ASX:ATH)
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
To be provided in the future Notice of Meeting announcement.
7C.1 Proposed +issue date 2
Part 7D - Listing Rule requirements
7D.1 Has the entity obtained, or is it obtaining, +security
holder approval for the entire issue under listing rule 7.1?
7D.1a Date of meeting or proposed meeting to approve
the issue under listing rule 7.1
7D.2 Is a party referred to in listing rule 10.11 participating
in the proposed issue?
7D.3 Will any of the +securities to be issued be +restricted
securities for the purposes of the listing rules?
7D.4 Will any of the +securities to be issued be subject
to +voluntary escrow?
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the
7E.2 Is the proposed issue to be underwritten?
7E.4 Details of any other material fees or costs to be incurred by the entity in connection
with the proposed issue
Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
Payment for services rendered for Lawrence Gozlan
and Julian Babarczy.
7F.1 Will the entity be changing its dividend/distribution
policy if the proposed issue proceeds?
7F.2 Any other information the entity wishes to provide about the proposed issue

Frequently Asked Questions

What type of issue is ALTERITY THERAPEUTICS proposing?

ALTERITY THERAPEUTICS is proposing a placement or another type of issue.

How many options will be issued in the placement?

A maximum of 150,000,000 options will be issued.

What is the exercise price for the options?

The exercise price for the options is A$0.02.

When is the proposed issue date for the securities?

The proposed issue date is estimated to be on 27/5/2026.

What is the expiry date for the issued options?

The options will expire five years after issuance on 26/6/2031.

Last updated: Mar 19, 2026