CARBON REVOLUTION LIMITED (ASX.CBR)

delisted at entity's request under Listing Rule 17.11

we understand the scheme provided for Carbon Revolution Shareholders to be issued 0.00643121435972925 MergeCo Shares per Carbon Revolution Share that they held on the Scheme Record Date of 23 October 2023 - for further details shareholders should see the ASX Announcement of 31 October "Transaction Update" which they can access below under ASX Announcements 2023

The proposed acquisition of Carbon Revolution by Carbon Revolution plc by way of a scheme of arrangement and capital reduction was implemented on 30 October 2023 (New York time).

The Company has received confirmation from Nasdaq Capital Market that the MergeCo Shares to be issued pursuant to the proposed acquisition of Carbon Revolution by Carbon Revolution plc have been approved for listing on Nasdaq Capital Market. Implementation of the Transaction will occur on 3 November 2023 (New York time), subject to confirmation of satisfaction of outstanding conditions. The Scheme provides for Carbon Revolution Shareholders to be issued 0.00643121435972925 MergeCo Shares per Carbon Revolution Share that they held on the Scheme Record Date (being 7.00pm (Melbourne time) on 23 October 2023), on the Implementation Date (expected to be 3 November 2023 (New York time).

Regarding the scheme of arrangement which was contemplated to be implemented on 30 October 2023, MergeCo and the SPAC have agreed to change the implementation date to align it with the expected date of completion under the Structured Equity Facility. It is now expected that Implementation will occur on 3 November 2023 (New York time), subject to confirmation of satisfaction of outstanding conditions.

The company releases a notification of cessation of securities.

The company releases a notice of application for quotation of securities.

The securities of Carbon Revolution Limited will be suspended from quotation at the close of trading on Thursday, 19 October 2023 under Listing Rule 17.2, following lodgement with ASIC of the Federal Court of Australia orders approving the scheme of arrangement by which Carbon Revolution plc (a public limited company incorporated in Ireland with registered number 607450) (previously known as Poppetell Limited) will acquire all of the issued shares in CBR.

The suspension of trading in the securities of Carbon Revolution Limited will be lifted from the commencement of trading on Tuesday, 3 October 2023 following lodgement of its Annual Report.

The securities of the entity will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Monday, 2 October 2023, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office on Friday, 29 September 2023, and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

The company lodges its FY2023 Annual Report.

The company releases its Appendix 4G & Corporate Governance Statement.

The suspension of trading in the securities of Carbon Revolution Limited will be lifted immediately following the release by CBR of an announcement regarding its proposed merger with Twin Ridge Capital Acquisition Corp.

Carbon Revolution Limited and Twin Ridge Capital Acquisition Corp. a special purpose acquisition company listed on the New York Stock Exchange, today announced that they have entered into a binding business combination agreement and accompanying scheme implementation deed pursuant to which a newly-formed Irish company Poppetell Limited to be renamed Carbon Revolution will acquire both CBR and the SPAC.

The company's subsidiary, Carbon Revolution Operations Pty Ltd, has now received executed grant documents from the Federal Government for the Modern Manufacturing Initiative "“ Round 2 "“ Manufacturing Integration Stream "“ Recycling & Clean Energy Priority grant. The grant strengthens Carbon Revolution's capacity to supply the rapidly growing global Electric Vehicle market where its range extending carbon fibre wheel technology is generating strong future demand.

The securities of Carbon Revolution Limited were suspended at CBR's request on 2 November 2022. CBR's securities will now continue to be suspended from quotation under Listing Rule 17.3.1, due to CBR's failure to provide the information sought under paragraph 1 of ASX's query letter dated 31 October 2022 ('ASX Query') in its letter dated 10 November 202. The ASX Query concerned information contained in CBR's Appendix 4C released on the ASX market announcements platform ("˜MAP') on 31 October 2022 under a section of the announcement titled "˜Announcement of a Proposed Merger with a US-based SPAC', CBR's securities are likely to remain suspended until ASX is satisfied about CBR's compliance with the Listing Rules in relation to the level of information disclosed about the SPAC Merger, including, but not necessarily limited to, the information sought in paragraph 1 of the ASX Query.

The company issues a response to ASX Query.

The company's 2022 AGM is being deferred until Wednesday, 30 November 2022 at 11:00 am (AEDT). The AGM is being deferred to allow further time to progress the documentation in relation to the proposed merger transaction for which a non-binding letter of intent has been signed so that shareholders can be given a fuller update on the progress of the proposed transaction at the AGM. The location of the AGM is unchanged and is Room 1.417, Building NA, Geelong Technology Precinct, Deakin University Campus Waurn Ponds, 75 Pigdons Road, Vic 3216.

The securities of Carbon Revolution Limited will be suspended from quotation immediately under vListing Rule 17.2, at the request of CBR, pending the release of an announcement by CBR in response to ASX queries in connection with the "˜Quarterly Activities/Appendix 4C Cash Flow Report' released on the ASX market announcements platform on 31 October 2022.

listed entity carried for record purposes only