ACTIVEX LIMITED — Capital/Financing Update 2021

Nov 22, 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

23 November 2021

The Manager Company Announcements Office Australian Stock Exchange

Via Online Electronic Lodgement

COMPLETION OF SHARE PLACEMENT

Further to the announcement of ActivEX Limited (‘the Company’) on 18 November 2021, the Company is pleased to announce that it has completed its $2.125 million placement and issued 26,569,901 fully paid ordinary shares (‘Placement Shares’) at $0.08 per share to sophisticated investors.

The Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ('the Act') that:

• (a) the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and with sections 674 and 674A of the Act; and

• (c) as at the date of this notice there is no “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6)(e) of the Act.

Authorised by the Board of ActivEX Limited

For further information contact: William Kuan Company Secretary

Legal/77340146_1