Novonix (ASX: NVX) adds new shares from performance rights

Rhea-AI Filing Summary

Novonix Limited is reporting the issue and ASX quotation of additional ordinary fully paid shares resulting from the conversion of performance rights under an employee incentive scheme. The new shares are in an existing quoted class and will rank equally with other ordinary shares from their issue date.

No cash is being paid for these shares, with the consideration valued at approximately AUD 0.265 per share. Following this quotation, Novonix states that its quoted ordinary share capital on ASX will comprise 861,442,940 ordinary fully paid shares, alongside several unquoted classes including performance rights, options and convertible notes.

Key Figures

Issued ordinary shares quoted on ASX: 861,442,940 shares Unquoted performance rights: 28,612,929 rights Unquoted options: 14,016,667 options +2 more

5 metrics

Issued ordinary shares quoted on ASX 861,442,940 shares Total NVX ordinary fully paid shares on issue after quotation

Unquoted performance rights 28,612,929 rights NVXAD performance rights on issue and not quoted

Unquoted options 14,016,667 options NVXAA options expiring on various dates at various prices

Convertible notes on issue 45,221,586 notes NVXAL convertible notes issued but not quoted on ASX

Estimated consideration per new share AUD 0.265 per share Estimated value of consideration for new quoted securities

Key Terms

performance rights, employee incentive scheme, convertible notes, Appendix 2A, +1 more

5 terms

performance rights financial

"Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description PERFORMANCE RIGHTS"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

employee incentive scheme financial

"Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes"

convertible notes financial

"NVXAL CONVERTIBLE NOTES | 45,221,586"

Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.

Appendix 2A regulatory

"Exhibit 99.1 | | Appendix 2A (Application for quotation of securities) dated April 27, 2026."

+securities financial

"The +securities to be quoted are +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

001-41208

(Commission File Number)

NOVONIX LIMITED

(Translation of registrant’s name into English)

Level 38

71 Eagle Street

Brisbane, QLD 4000 Australia

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20‑F or Form 40‑F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

EXHIBIT INDEX

Exhibit No.		Description
Exhibit 99.1		Appendix 2A (Application for quotation of securities) dated April 27, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NOVONIX LIMITED
By:	/s/ Robert Long
	Robert Long
	Chief Financial Officer

Date: April 27, 2026

Appendix 2A - Application for quotation of securities

EXHIBIT 99.1

Announcement Summary

Entity name

NOVONIX LIMITED

Announcement Type

New announcement

Date of this announcement

Monday April 27, 2026

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

	ASX +security		Number of +securities to
	code	Security description		be quoted	Issue date
	NVX	ORDINARY FULLY PAID		32,566	27/04/2026

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities 1 / 6

Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

1.1 Name of entity

NOVONIX 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	Registration number
	ABN	54157690830

1.3 ASX issuer code

NVX

1.4 The announcement is

New announcement

1.5 Date of this announcement

27/4/2026

Appendix 2A - Application for quotation of securities 2 / 6

Appendix 2A - Application for quotation of securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

Appendix 2A - Application for quotation of securities 3 / 6

Appendix 2A - Application for quotation of securities

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

Existing +securities converting into additional +securities in an existing class FROM (Existing Class)

ASX +security code and description

NVX:AD : PERFORMANCE RIGHTS

TO (Existing Class)

ASX +security code and description

NVX : ORDINARY FULLY PAID

Please state the number of options
that were exercised or other +convertible securities that were
converted 47,572 The first date the options were
exercised or other +convertible
securities were converted 27/4/2026 The last date the options were
exercised or other +convertible
securities were converted 27/4/2026

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

An issue of new +securities

The underlying +securities being received by the holder are:

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key managemetn personnel (KMP) or an +associate?

No

Issue date

27/4/2026

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

+securities in that class?

Yes

Appendix 2A - Application for quotation of securities 4 / 6

Appendix 2A - Application for quotation of securities

Issue details

Number of +securities to be quoted

23,566

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issue of ordinary shares on the vesting of employee performance rights.

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

+securities to be quoted

0.265000

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

Appendix 2A - Application for quotation of securities 5 / 6

Appendix 2A - Application for quotation of securities

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:

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 quoted on ASX following the +quotation of the

+securities subject of this application)

ASX +security code and description	Total number of +securities on issue
NVX : ORDINARY FULLY PAID	861,442,940

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
NVXAD : PERFORMANCE RIGHTS	28,612,929
NVXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	14,016,667
NVXAL : CONVERTIBLE NOTES	45,221,586

NVXAH : CONVERTIBLE DEBENTURES 35,000,000

Appendix 2A - Application for quotation of securities 6 / 6

FAQ

What does Novonix (NVX) disclose in its April 2026 Form 6-K?

Novonix reports the issue and ASX quotation of additional ordinary fully paid shares created from converting performance rights under an employee incentive scheme. These new shares form part of its existing quoted class and rank equally with existing ordinary shares from the issue date.

How are the new Novonix (NVX) shares created for ASX quotation?

The new Novonix shares arise from performance rights converting into ordinary fully paid shares. These performance rights were issued under an employee incentive scheme, and the resulting ordinary shares are added to the existing quoted class on ASX rather than forming a new security class.

Do the new Novonix (NVX) shares rank equally with existing shares?

Yes. Novonix confirms the newly issued ordinary fully paid shares will rank equally in all respects with the existing issued ordinary shares from their issue date. This means holders receive the same rights to dividends, voting and capital distributions as existing shareholders.

Is cash being paid for the new Novonix (NVX) shares issued from performance rights?

No cash is being paid for these new shares. Novonix states the securities are not issued for cash consideration, but it provides an estimated value of AUD 0.265 per share as the consideration, reflecting the value attributed to the converted performance rights.

What is Novonix’s (NVX) total quoted share capital after this ASX quotation?

After the quotation of these new shares, Novonix reports total quoted capital of 861,442,940 ordinary fully paid shares on ASX. This figure represents the entire number of ordinary shares in the quoted class following the latest issue and quotation process.

What unquoted securities does Novonix (NVX) have on issue alongside its quoted shares?

Novonix lists several unquoted securities: 28,612,929 performance rights, 14,016,667 options expiring on various dates at various prices and 45,221,586 convertible notes. These instruments are issued but not quoted on ASX, sitting alongside the company’s quoted ordinary shares.

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