CLEARVUE TECHNOLOGIES LIMITED — Board/Management Information 2023

Feb 9, 2023

ASX Announcement

10 February 2023

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ASX RELEASE ǀ CLEARVUE TECHNOLOGIES LIMITED (ASX:CPV | OTC:CVUEF)

Board Changes

10 February 2023 : Smart building materials company ClearVue Technologies Limited (ASX:CPV OTC:CVUEF) ( ClearVue or the Company ) wishes to advise that Mr Roger Steinepreis and Mr John Downes have resigned as Non-Executive Directors effective immediately.

Commenting on the Board changes, Executive Chairman Victor Rosenberg said “I would like to thank both John and Roger for their valuable contribution to ClearVue. On behalf of the Company, I wish them well with their future endeavours”.

Further to the ASX announcement dated 22 November 2022, the Company wishes to advise that Mr Rosenberg will stand down as CEO and Executive Chairman on 15 March 2023. Mr Rosenberg will continue as Chairman in a non-executive capacity and will consult back to the Company to onboard the new global CEO once appointed.

Chief Operating Officer and General Counsel, Mr Jamie Lyford will join the Board as Executive Director effective immediately. The summary of Mr Lyford’s executive service agreement is contained within annexure to this release.

The Company has an active process of Board and Chair renewal and will look to expand the depth and breadth of its director and management skillsets and expertise. As part of this process Mr Stuart Carmichael will step down from the Board by 30 June 2023. Further updates on Board and CEO appointments will be provided shortly.

Authorised by the Board of ClearVue Technologies Limited.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ClearVue Technologies Limited Mr Victor Rosenberg Executive Chairman hello@clearvuepv.com +61 8 9220 9020

Citadel-MAGNUS

Michael Weir / R ussell Quinn 0402 347 032 / 0403 322 097

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Suite 7 / 567 Newcastle Street, West Perth, Western Australia 6005 P: +61 8 9220 9020 F: +61 8 9220 9029 E: hello@clearvuepv.com W: www.clearvuepv.com

ABOUT CLEARVUE TECHNOLOGIES LIMITED

ClearVue Technologies Limited (ASX: CPV) is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector which involves the integration of solar technology into building surfaces, specifically glass and building façades, to provide renewable energy. ClearVue has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.

ClearVue’s electricity generating glazing technology is strategically positioned to compliment, and make more compelling, the increased use of energy-efficient windows now being regulated in response to global climate change and energy efficiency goals.

Solar PV cells are incorporated around the edges of an Insulated Glass Unit (IGU) used in windows and the lamination interlayer between the glass in the IGU incorporates ClearVue’s patented proprietary nano and micro particles, as well as its spectrally selective coating on the rear external surface of the IGU.

ClearVue’s window technology has application for use in the building and construction and agricultural industries (amongst others).

ClearVue has worked closely with leading experts from the Electron Science Research Institute, Edith Cowan University (ECU) in Perth, Western Australia to develop the technology.

To learn more please visit: www.clearvuepv.com

FORWARD LOOKING STATEMENTS

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of ClearVue Technologies Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

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ASX Announcement | 10 February 2023

ANNEXURE A – MATERIAL TERMS OF EXECUTIVE SERVICES AGREEMENT

Commencement date	10 February 2023
Term	The appointment is on an ongoing basis subject to termination criteria as set out below.
Fixed Remuneration	A$195,543 per annum exclusive of superannuation (plus $10,000 motor vehicle allowance)
Incentive Programs	The Executive may participate in any incentive plan that the Company may introduce from time to time.
Termination	The Executive may terminate the employment by giving 6 months previous written notice to the Company. The Company may terminate the employment by giving 6 months previous written notice to the employee. The Company may immediately terminate the employment of the Executive by written notice for a number of standard events including, but not limited to, if at any time the Executive: (a) Commits serious or repeated or continual breach of the obligations under their Executive Agreement (b) Is guilty of any serious misconduct or serious neglect or dishonesty in the discharge of their duties under their Executive Agreement; or (c) Act in a manner which, in the reasonable opinion of the Company, brings the name or reputation of the Company or any member of the Company group into serious disrepute or prejudices the interests of the business of the Company.

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ASX Announcement | 10 February 2023