Announcement Summary

Entity name

SPARC TECHNOLOGIES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday June 03, 2022

The +securities to be quoted are:

Other

Total number of +securities to be quoted

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

SPARC TECHNOLOGIES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type ACN

Registration number 009092068

1.3 ASX issuer code SPN

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/6/2022

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

• 2.2 The +securities to be quoted are:
• Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue of fully paid ordinary shares in lieu of corporate advisory services fees representing $30,000.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an

Appendix 3B

Additional +securities to be quoted in an existing class

ASX +security code and description SPN : ORDINARY FULLY PAID

Issue date

3/6/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted 39,749

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Issue of fully paid ordinary shares in lieu of corporate advisory services fees representing $30,000.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.754700

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for services rendered

Please provide additional details

Issue of fully paid ordinary shares in lieu of corporate advisory services fees representing $30,000.

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

39,749

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No