Dispatch of Scheme Booklet

- Talon Energy Limited is pleased to announce the dispatch of the Scheme Booklet following orders by the Court that Talon convene a Scheme Meeting and the registration of the Scheme Booklet with ASIC

Talon Energy Limited (ASX: TPD) (Talon or the Company) refers to its ASX announcements:
- released on 11 October 2023 in relation to the execution of the amended and restated Scheme Implementation Deed with Strike Energy Limited (ASX: STX) (Strike) under which Strike proposed to acquire all the shares in Talon by way of a scheme of arrangement (Scheme) for consideration of 0.4828 new Strike shares for every 1 Talon share held by Talon shareholders (Talon Shareholders) on the Record Date;1

- released on 3 November 2023 in relation to the orders made by the Federal Court of Australia (sitting in Perth) (Court) that Talon convene a meeting of Talon Shareholders to consider and vote on the Scheme (Scheme Meeting) and approving the dispatch of an explanatory statement providing information about the Scheme, together with the notice of the Scheme Meeting (together, the Scheme Booklet), to Talon Shareholders; and
- released on 3 November 2023 in relation to the registration of the Scheme Booklet with the Australian Securities and Investments Commission (ASIC).

Talon is pleased to announce that the Scheme Booklet together with a personalised proxy form (Proxy Form) has been dispatched to Talon Shareholders today.

Talon Shareholders who have elected to receive electronic communications will receive an email containing instructions about how to view or download a copy of the Scheme Booklet, as well as instructions on how to lodge their Proxy Form for the Scheme Meeting online.

Talon Shareholders who have elected to receive all communications via post will receive a printed copy of the Scheme Booklet, together with a Proxy Form.

All other Talon Shareholders will receive the attached letter, together with a Proxy Form. The letter contains details on where the Scheme Booklet can be viewed and downloaded, and on the Scheme Meeting.

Talon Shareholders should carefully read the Scheme Booklet in its entirety, including the materials accompanying it, before deciding how to vote at the Scheme Meeting.

The Scheme Booklet, including the Independent Expert’s Report, will also be available for viewing and downloading at Talon’s website www.talonenergy.com.au and on the ASX website www.asx.com.au.

CGT Declaration Form
If Strike determines (acting reasonably) that it is required to pay a CGT withholding amount to the Commissioner of Taxation with respect to the acquisition of the Talon Scheme Shares, it is entitled to do so under the Scheme Implementation Deed.

If you receive a CGT Declaration Form, it means that Strike considers, or reasonably believes, that you are a relevant ‘foreign resident’ for the purposes of the Australian foreign resident capital gains withholding tax regime.

The purpose of the CGT Declaration Form is to provide the opportunity for relevant Talon Scheme Shareholders to provide a declaration and prevent the need for Strike to withhold any Scheme Consideration.

If you receive a CGT Declaration Form, you should ensure that you read it in full and follow the instructions for completing and returning the CGT Declaration Form (which can be found on the CGT Declaration Form).

If you do not receive a CGT Declaration Form, no further action is required to be taken on your part in relation to this form or the declaration.

This announcement has been approved and authorised for release by the Board of Talon Energy Limited.