ACTIVEX LIMITED — Capital/Financing Update 2021

Dec 14, 2021

ActivEX Limited A.C.N. 113 452 896

Suite 2 3B Macquarie Street SYDNEY NSW 2000

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P: (02) 9251 9088 E: admin@activex.com.au W: activex.com.au

15 December 2021

The Manager Company Announcements Office Australian Stock Exchange

Via Online Electronic Lodgement

VARIATION OF LOAN AGREEMENT WITH STAR DIAMOND

ActivEX Limited (the “Company”) refers to the $5 million loan facility (“Loan”) granted by Star Diamond Developments Limited (“Star Diamond”) and is pleased to announce that it has agreed with Star Diamond for the extension of maturity date from 31 December 2021 to 31 October 2023.

Star Diamond also agreed that, subject to the approval by shareholders of the Company at a general meeting to be held on 12 January 2022, it will convert $1 million of the outstanding Loan into 12.5 million fully paid ordinary shares of the Company. Please refer to the Notice of General Meeting of the Company dated 9 December 2021 for details.

Authorised by the Board of ActivEX Limited

For further information contact: Mr Mark Derriman, Executive Director or Mr William Kuan, Company Secretary