Capital Structure

The capital structure of Allegiance Coal Ltd as at 20 December 2021 is as follows:

Fully Paid Ordinary Shares:

389,820,140

Options:

1,550,000 @ $0.375 (expiring 6 December 2022)

1,125,000 @ $0.50 (expiring 3 March 2024)

1,033,333 @ $0.5625 (expiring 11 May 2024)

706,268 @ $0.625 (expiring 29 October 2024)

1,343,283 @ $0.8375 (expiring 5 August 2024)

1,290,000 @ $1.40 (expiring 3 December 2024)

1,093,732 @ $0.625 (expiring 9 December 2024)

750,000 @ $1.40 (expiring 3 December 2026)

Performance Rights:

5,500,000 subject to vesting conditions