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 / 8 Announcement Summary Entity name BORESIGHT LTD Date of this announcement Wednesday September 16, 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 ESIP T1 expiry 16/09/31 ex $0.25 3,666,663 16/09/2026 New class - code to be confirmed ESIP T2 expiry 16/09/31 ex $0.25 3,666,666 16/09/2026 New class - code to be confirmed ESIP T3 expiry 16/09/31 ex $0.25 3,666,671 16/09/2026 Refer to next page for full details of the announcement +Other securities issued under an +employee incentive scheme that 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 / 8 Part 1 - Entity and announcement details 1.1 Name of entity BORESIGHT LTD 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 642501228 1.3 ASX issuer code BST 1.4 The announcement is 1.5 Date of this announcement 16/9/2026 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 / 8 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") +Other securities issued under an +employee incentive scheme that 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 / 8 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 ESIP T1 expiry 16/09/31 ex $0.25 +Security type Options ISIN code Date the +securities the subject of this notification were issued 16/9/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? 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. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.25000000 Expiry date 16/9/2031 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option BST : ORDINARY FULLY PAID 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://announcements.asx.com.au/asxpdf/20260605/pdf/070cd1mp1kwvf5.pdf Any other information the entity wishes to provide about the +securities the subject of this notification ESIP T1 will vest on the anniversary of service period being 16/09/2027 Issue details Number of +securities 3,666,663 ASX +security code +Security description No 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 5 / 8 ASX +security code New class - code to be confirmed +Security description ESIP T2 expiry 16/09/31 ex $0.25 +Security type Options ISIN code Date the +securities the subject of this notification were issued 16/9/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? 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. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.25000000 Expiry date 16/9/2031 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option BST : ORDINARY FULLY PAID 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://announcements.asx.com.au/asxpdf/20260605/pdf/070cd1mp1kwvf5.pdf Any other information the entity wishes to provide about the +securities the subject of this notification ESIP T1 will vest on the anniversary of service period being 16/09/2028 Issue details Number of +securities 3,666,666 ASX +security code New class - code to be confirmed +Security description ESIP T3 expiry 16/09/31 ex $0.25 +Security type Options ISIN code No 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 / 8 Date the +securities the subject of this notification were issued 16/9/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? 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. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.25000000 Expiry date 16/9/2031 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option BST : ORDINARY FULLY PAID 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://announcements.asx.com.au/asxpdf/20260605/pdf/070cd1mp1kwvf5.pdf Any other information the entity wishes to provide about the +securities the subject of this notification ESIP T1 will vest on the anniversary of service period being 16/09/2029 Issue details Number of +securities 3,666,671 No 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 7 / 8 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 BST : ORDINARY FULLY PAID 126,735,648 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 BSTAA : ORDINARY FULLY PAID RESTRICTED 21,016,347 BSTAB : ORDINARY FULLY PAID RESTRICTED 61,270,787 BSTAC : OPTION EXPIRING 05-JUN-2031 RESTRICTED 30,466,615 New class - code to be confirmed : ESIP T1 expiry 16/09/31 ex $0.25 3,666,663 New class - code to be confirmed : ESIP T2 expiry 16/09/31 ex $0.25 3,666,666 New class - code to be confirmed : ESIP T3 expiry 16/09/31 ex $0.25 3,666,671 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 8 / 8 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? 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Yes