ELSIGHT LIMITED — Capital/Financing Update 2017

Jun 6, 2017

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MARKET RELEASE

7 June 2017

Elsight Limited

PRE‐QUOTATION DISCLOSURE

Elsight Limited (the “Company”) was admitted to the Official List of ASX Limited on Tuesday 6 June 2017.

Official Quotation of the Company’s securities will commence at 12:30 pm AEST (10:30 am WST) on Thursday 8 June 2017.

The following information is released as pre‐quotation disclosure.

1. Appendix 1A and Information Form and Checklist.

2. Distribution schedule.

3. Top 20 holders.

4. Replacement prospectus dated 27 April 2017 and supplementary prospectus dated 22 May 2017.

5. Constitution.

6. Elsight Israel’s audited accounts for the financial years ended 31 December 2014, 2015 and 2016.

7. An updated statement of commitments based on the actual amount of funds raised under the Prospectus.

8. An updated pro‐forma statement of financial position based on the actual amount of funds raised under the Prospectus.

9. An updated statement setting out the capital structure of the Company following completion of the Share Sale Agreement and the Offer.

10. The full terms and conditions of the Employee Share Option Plan.

11. Corporate Governance Statement

Level 40 Central Park www.asx.com.au 152‐158 St Georges Terrace Customer service 13 12 79 Perth WA 6000

ASX Compliance Pty Limited ABN 26 087 780 489

1. The Company’s securities trading policy.

2. Restricted securities schedule.

3. A statement confirming conversion and extinguishment of all convertible notes issued in the Company including the issue of 5,833,333 fully paid ordinary shares in respect of the convertible notes.

4. A statement confirming repayment and extinguishment of all preferred shares on issue in Elsight Israel.

5. A statement confirming satisfaction of the conditions precedent to (without waiver), and completion of, the Share Sale Agreement between the Company and the vendors of Elsight Israel pursuant to which the Company acquired 100% of the issued share capital of Elsight Israel including the issue of the following securities.

• 16.1. 35,381,386 ordinary shares each fully paid to the ordinary shareholders of Elsight Israel.

• 16.2. 7,166,667 ordinary shares each fully paid to Learnicon LLC as payment for preferred shares held in Elsight Israel.

• 16.3. 38,608,000 options exercisable at $0.20 each on or before the date which is 5 years from the date of issue, to Nir Gabay and Roee Kashi.

Security Code: ELS

Wade Baggott Principal Adviser, Listings Compliance (Perth)

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