Shareholder Information

Telix Pharmaceuticals Limited established a Level II ADR program facility in November 2024. Telix ADRs trade on the Nasdaq Stock Market (Nasdaq) in the United States (US) under the ticker symbol “TLX”.

An ADR is a negotiable US security issued by a US bank, referred to as a “depositary bank” (JPMorgan in Telix’s case), that represents ownership of shares in a non-US company. ADRs are quoted and traded in US dollars in the United States securities market, and the dividends are paid to investors in US dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by investors in the United States and elsewhere, and to provide a corporate finance vehicle for non-US companies.

ADSs are the actual shares which are traded and, in the case of Telix, listed on the Nasdaq Stock Market.

The terms ADRs and ADSs are often used interchangeably.

A sponsored Level II ADR program must comply with the Securities and Exchange Commission’s (SEC’s) full registration and reporting requirements. Telix is required to file its annual report on Form 20-F with the SEC and to comply with the SEC's other disclosure rules applicable to foreign private issuers. Telix’s financial reporting must be prepared in accordance with US Generally Accepted Accounting Principles (US GAAP) or International Financial Reporting Standards (IFRS). Telix currently follows IFRS in its financial reporting.

Registration allows the issuer to list its ADRs on a major US stock exchange, namely the Nasdaq Stock Market, which has further reporting and disclosure requirements.

ADRs are a convenient and cost-effective way for US and global investors to buy shares in international companies. Benefits include:

• Stocks are quoted in US dollars
• Dividends are paid in US dollars
• ADRs trade during normal US trading hours
• ADRs settle and clear according to US standards
• No need for custody arrangements outside of the US
• Facilitates price comparisons between securities listed in the US

An ADR ratio provides the number of underlying shares represented by one ADR. One (1) Telix ADR represents one (1) Telix ordinary share on the Australian Securities Exchange (ASX). The two securities trade very close to parity once the ADR ratio and foreign exchange aspects are taken into account.

JPMorgan Chase Bank, N.A. (JPMorgan) is the depositary bank and plays a key role in the process of issuance and cancellation of ADRs. JPMorgan also maintains the ADR holder register and distributes dividends, if declared, in US dollars. In addition, JPMorgan is a DTC (Depositary Trust Company) participant as are brokers and dealers, other banks, trust companies and clearinghouses. For additional general information, please visit JPMorgan’s website at www.adr.com and search for Telix’s ADR profile.

Regular Correspondence
JP Morgan Chase Bank N.A.
Shareowner Services
P.O. Box 64504
St. Paul, MN 55164-0854
Contact via email: https://www.shareowneronline.com/informational/contact-us/ 
General +1 800 990 1135
From outside the US+1 651 453 2128
Global Invest Direct+1 800 428 4267
JPMorgan’s ADR contact details for queries may also be found here: www.adr.com/contact/jpmorgan.

As depositary bank for Telix, JP Morgan engages in a number of functions including:

• Issuing and cancelling ADRs;
• Serving as transfer agent for the ADRs and custodian for the ordinary shares;
• Acting as paying agent, processing dividend payments or other entitlements for the ADR holders;
• Processing corporate actions;
• Coordinating the proxy process for ADR holders.

Indicative fees JPMorgan may charge ADR holders in its role as depositary bank under the Deposit Agreement include the following:

• Annual administrative servicing: up to US$0.05 per ADS;
• Issuance, delivery, reduction, cancellation or surrender: up to US$0.05 per ADS;
• Cash distributions: up to US$0.05 per ADS;
• Direct or indirect distribution of securities (other than ADSs or rights to purchase additional ADSs): up to US$0.05 per ADS;
• Reimbursement of certain charges and expenses incurred by JPMorgan and/or its agents.

Please note that these fees may change from time to time and should be confirmed with your broker or JPMorgan directly.

Telix ADRs can be purchased through a typical broker, just as you would buy other US securities. You cannot buy ADRs directly from Telix.

Investors may purchase pre-existing ADRs, if available, or newly issued ADRs. Issuing ADRs does not increase Telix’s share capital as they are simply representative of the underlying ordinary shares.

Where new ADRs are to be issued, ordinary shares are purchased in the home market and deposited with a local custodian, who instructs the depositary to issue ADRs which represent the shares received.

Converting ordinary shares into ADRs must be done through a broker or an investment advisor. Alternatively, contact JPMorgan for further assistance.

For the most current Telix ADR dividend information please visit www.adr.com or you can call JPMorgan. Please have your account number, exact address, and exact name(s) on the account ready when you call.

A registered holder is one whose name appears on the books of the depositary. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than his or her own, such as the name of a broker, bank or nominee.

Your Telix ADR represents your ownership of shares in Telix and can be held in certificate or book-entry form. If you hold your ADRs in certificate form, these should be kept in a safe-deposit box or secure place. Certificates are negotiable documents and should be signed only in the event of a sale or transfer of ownership. If your ADRs are held in “street name” (nominee account) these will be in book-entry form and therefore you will not have an ADR certificate.

For registered owners, ownership is registered by the depositary bank and is evidenced by an account statement provided by the depositary.

Registered owners can hold physical ADR certificates, please contact JPMorgan for further information. All registered holders, be it in book entry form or certificated, receive dividends and proxy voting materials directly from JPMorgan.

If declared by Telix, dividends will be paid in US dollars and will be generally taxable, just like dividends on US shares.

Holders of Telix ADRs are entitled to instruct JPMorgan as to how to vote in relation their shareholding at the respect Annual General Meetings (AGMs) or General Meetings. The voting rights are in relation to the number of Telix ordinary shares represented by the respective ADRs. If you choose not to instruct JPM, your shares will not be voted.

It is important that you contact JPMorgan Shareowner Services when you move so that your account records can be updated.

You will receive account statements following each investment activity. You will also receive a statement at the end of the year showing all year-to-date transaction activity. You should retain these statements for tax purposes.

Telix files annual, semi-annual, and special reports alongside other information with the Securities and Exchange Commission (SEC). Please visit http://www.sec.gov to view our latest filings.

For those holders who are not registered because their shares are held in “street name” (nominee account), please contact your nominee for information on your ADR holdings.

ADR issuers, including Telix, generally have full information in English about themselves on their websites, as well as on the main depositary bank websites, and are tracked by the main United States financial websites.

For additional questions about ADRs please contact:

JP Morgan Chase Bank N.A.
Shareowner Services
P.O. Box 64504
St. Paul, MN 55164-0854
Contact via email: https://www.shareowneronline.com/informational/contact-us/

US Toll Free Telephone: +1 800 990 1135
JPMorgan’s ADR contact details for queries may also be found here:www.adr.com/contact/jpmorgan.