Applyflow : Constitution

For personal use only

ASX RELEASE

18 November 2021

Constitution

Applyflow Ltd (ASX:AFW) (Applyflow or Company) has advised that all resolutions at its Annual General Meeting held today passed by poll, including Resolution 5 "Amendments to Constitution" as a special resolution.

Attached is a copy of the Constitution.

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This announcement was approved for release to ASX by Applyflow's Board of Directors.

Contact
Steve Butler	John Winters
CEO	Non-Executive Director
[e-mail]	[e-mail]

About Applyflow

Applyflow is on a mission to make the recruitment experience better for everyone by giving recruiters an easy to use yet powerful tech solution to manage their entire business flow. A fresh take on what the recruitment process should be and the tools your team needs to make it a reality.

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Applyflow Ltd.	Level 4
ABN 29 107 371 497	82 Elizabeth Street
	Sydney NSW 2000

For personal use only

Constitution

Applyflow Limited

ACN 107 371 497

Adopted 21 November 2019

Amended 18 November 2021

_______________________________

Chairperson

18 November 2021

For personal use only

	Contents
Clause		Page No
1.	Preliminary .........................................................................................................................	1
1.1	Definitions and Interpretation......................................................................................................	1
1.2	Nature of the Company ................................................................................................................	1
1.3	Replaceable rules..........................................................................................................................	1
2.	Shares.................................................................................................................................	1
2.1	Issue of Shares and options ..........................................................................................................	1
2.2	Preference Shares.........................................................................................................................	1
2.3	Variation of classes and class rights..............................................................................................	2
2.4	Converting Shares .........................................................................................................................	2
2.5	Reductions of capital and buy-backs ............................................................................................	2
2.6	Unmarketable parcels of Shares...................................................................................................	3
2.7	Registered holder is absolute owner ............................................................................................	3
2.8	Holding statements and certificates.............................................................................................	3
2.9	Restricted Securities .....................................................................................................................	3
3.	Calls, Company Payments, Forfeiture and Liens ...................................................................	4
4.	Transfer of Shares ...............................................................................................................	4
4.1	Electronic transfer systems...........................................................................................................	4
4.2	Forms of transfer ..........................................................................................................................	4
4.3	Instrument of transfer ..................................................................................................................	4
4.4	Transferor is holder until transfer registered ...............................................................................	5
4.5	Refusal to register transfers..........................................................................................................	5
4.6	No registration fee........................................................................................................................	5
4.7	Transmission of Shares .................................................................................................................	6
5.	Proceedings of Members.....................................................................................................	6
5.1	Who can call meetings of Members .............................................................................................	6
5.2	Annual General Meeting...............................................................................................................	6
5.3	How to call meetings of Members................................................................................................	6
5.4	Right to attend meetings ..............................................................................................................	7
5.5	Meeting at more than one place ..................................................................................................	7
5.6	Quorum.........................................................................................................................................	8
5.7	Chairperson...................................................................................................................................	9
5.8	General conduct of meetings........................................................................................................	9
5.9	Resolutions of Members.............................................................................................................	10
5.10	Polls.............................................................................................................................................	10
5.11	Adjourned, cancelled and postponed meetings.........................................................................	11
5.12	Number of votes .........................................................................................................................	11
5.13	Objections to qualification to vote .............................................................................................	13
5.14	Proxies, attorneys and representatives ......................................................................................	13
5.15	Direct voting................................................................................................................................	16
6.	Directors...........................................................................................................................	16
6.1	Number of Directors ...................................................................................................................	16
6.2	Appointment of Directors...........................................................................................................	17
6.3	Retirement of Directors and vacation of office ..........................................................................	17
6.4	Alternate Directors .....................................................................................................................	18
6.5	Remuneration of Directors .........................................................................................................	19

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	Contents
Clause		Page No
6.6	Interests of Directors ..................................................................................................................	20
7.	Officers.............................................................................................................................	22
7.1	Managing Director ......................................................................................................................	22
7.2	Secretary .....................................................................................................................................	22
7.3	Indemnity and insurance ............................................................................................................	22
8.	Powers of the Company and Directors ...............................................................................	23
8.1	General powers...........................................................................................................................	23
8.2	Execution of documents .............................................................................................................	23
8.3	Committees and delegates .........................................................................................................	24
8.4	Attorney or agent........................................................................................................................	24
9.	Proceedings of Directors ...................................................................................................	25
9.1	Written resolutions of Directors.................................................................................................	25
9.2	Meetings of Directors .................................................................................................................	25
9.3	Who can call meetings of Directors ............................................................................................	25
9.4	How to call meetings of Directors...............................................................................................	26
9.5	Quorum.......................................................................................................................................	26
9.6	Chairperson.................................................................................................................................	26
9.7	Resolutions of Directors..............................................................................................................	27
10.	Dividends and Profits ........................................................................................................	28
10.1	Who may determine dividends...................................................................................................	28
10.2	Dividends for different classes....................................................................................................	28
10.3	Dividends proportional to paid up capital ..................................................................................	29
10.4	Effect of a transfer on Dividends ................................................................................................	29
10.5	No interest on Dividends ............................................................................................................	29
10.6	Unpaid amounts..........................................................................................................................	29
10.7	Capitalisation of profits...............................................................................................................	29
10.8	Distributions of assets.................................................................................................................	30
10.9	Dividend plans.............................................................................................................................	30
11.	Notices and Payments.......................................................................................................	30
11.1	Notice to Members .....................................................................................................................	30
11.2	Notice to Directors......................................................................................................................	31
11.3	Notice to the Company...............................................................................................................	31
11.4	Time of service............................................................................................................................	32
11.5	Signatures ...................................................................................................................................	32
11.6	Payments ....................................................................................................................................	32
12.	Winding Up.......................................................................................................................	33
12.1	Distributions proportional to paid up capital .............................................................................	33
12.2	Distributions of assets.................................................................................................................	33
Schedule 1 - Definitions and Interpretation .....................................................................................	34
1.	Definitions ........................................................................................................................	34
2.	Interpretation ...................................................................................................................	36

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	Contents
Clause		Page No
3.	Exercise of Powers ............................................................................................................	37
4.	Articles of this Constitution ...............................................................................................	38
5.	Provisions Required by ASX Listing Rule 15.11.1.................................................................	38
Schedule 2 - Calls, Company Payments, Forfeiture and Liens............................................................	39
1.	Exercise of powers ............................................................................................................	39
2.	Calls..................................................................................................................................	39
2.1	Making a call ...............................................................................................................................	39
2.2	Notice of a call ............................................................................................................................	39
2.3	Payment of a call.........................................................................................................................	39
2.4	Recovery of a call ........................................................................................................................	40
2.5	Payment in advance of a call ......................................................................................................	40
3.	Company Payments on Behalf of a Member.......................................................................	41
3.1	Rights of the Company................................................................................................................	41
3.2	Recovery of Company payments ................................................................................................	41
4.	Forfeiture .........................................................................................................................	42
4.1	Forfeiture procedure ..................................................................................................................	42
4.2	Notice of forfeiture .....................................................................................................................	42
4.3	Effect of forfeiture ......................................................................................................................	42
4.4	Sale or reissue of forfeited Shares ..............................................................................................	43
4.5	Cancellation of forfeited Shares .................................................................................................	43
4.6	Proof of forfeiture.......................................................................................................................	43
4.7	Waiver or cancellation of forfeiture ...........................................................................................	43
5.	Liens .................................................................................................................................	43
5.1	First ranking lien..........................................................................................................................	43
5.2	Enforcement by sale ...................................................................................................................	44
5.3	Release or Waiver of lien ............................................................................................................	44
6.	Sales, Disposals and Reissues ............................................................................................	44
6.1	Sale procedure ............................................................................................................................	44
6.2	Application of proceeds ..............................................................................................................	45
7.	Interest.............................................................................................................................	45
Schedule 3 - Transmission ...............................................................................................................	46
1.	Deceased Members...........................................................................................................	46
1.1	Effect of death ............................................................................................................................	46
1.2	Estates and Personal Representatives........................................................................................	46
2.	Transmission Events..........................................................................................................	46
2.1	Transmittee right to register or transfer ....................................................................................	46
2.2	Other transmute rights and obligations .....................................................................................	46
Schedule 4 - Unmarketable Parcels .................................................................................................	47

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