Amber Louise Spencer - Dec 4, 2024 Form 4 Insider Report for Damon Inc. (DMN)

Role: Chief Marketing Officer
Signature: /s/ Bal Bhullar, by Power of Attorney
Stock symbol: DMN
Transactions as of: Dec 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/6/2024, 09:47 PM
Previous filing: Nov 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DMN	Common Shares	Conversion of derivative security		+10.1K			10.1K	Dec 4, 2024	By common law spouse	F1, F2
transaction	DMN	Common Shares	Conversion of derivative security		+1.38M			1.38M	Dec 4, 2024	By Lime Dragon Holdings Corp.	F1, F3
holding	DMN	Common Shares						2.21K	Dec 4, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DMN	Multiple Voting Shares	Conversion of derivative security		-10.1K	-100%		0	Dec 4, 2024	Common Shares	10.1K		By common law spouse	F1, F2
transaction	DMN	Multiple Voting Shares	Conversion of derivative security		-1.38M	-100%		0	Dec 4, 2024	Common Shares	1.38M		By Lime Dragon Holdings Corp.	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Multiple Voting Shares are convertible into common shares on a one-for-one basis at any time at the option of the holders thereof and automatically in certain other circumstances as set forth in the articles of Damon Inc. (the "Company"). On December 4, 2024, Damon Jay Giraud resigned from all officer and director positions with the Company, triggering the automatic conversion of the Multiple Voting Shares beneficially owned by him into common shares.
F2	The shares are held by Damon Jay Giraud, who is the common law spouse of the reporting person, and as such may be deemed to be beneficially held by the reporting person.
F3	The shares are owned by Lime Dragon Holdings Corp., of which Damon Jay Giraud, the reporting person's common law spouse, serves as sole director, and as such may be deemed to be beneficially held by the reporting person.