ELSIGHT LIMITED — Capital/Financing Update 2022

Oct 31, 2022

Market Announcement

==> picture [33 x 50] intentionally omitted <==

1 November 2022

==> picture [451 x 5] intentionally omitted <==

Elsight Limited (ASX: ELS) – Trading Halt

Description

The securities of Elsight Limited (‘ELS’) will be placed in trading halt at the request of ELS, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 3 November 2022 or when the announcement is released to the market.

Issued by

Todd Lewis

Senior Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

1 November 2022 ASX Limited

1 November 2022

==> picture [169 x 46] intentionally omitted <==

Dean Litis Principal Adviser, Listings Compliance (Melbourne)

Australian Securities Exchange Limited Level 4, North Tower Rialto Towers 525 Collins Street Melbourne VIC 3000

Via Email: dean.litis@asx.com.au tradinghaltsmelbourne@asx.com.au

Dear Dean,

- ELSIGHT LIMITED (ASX:ELS) REQUEST FOR TRADING HALT

Elsight Limited (ACN 616 435 753) (ASX: ELS) ( Elsight or the Company ) requests that the Company’s securities be placed into a trading halt with immediate effect pending the release of an announcement regarding a convertible note capital raising.

In accordance with ASX Listing Rule 17.1, the Company provides the following information:

• a) The trading halt is requested for the purposes of the Company finalising a convertible note capital raising;

• b) The Company requests the trading halt remain in place until the earlier of the Company making an announcement to the market regarding the convertible note capital raising and the commencement of normal trading on Thursday, 3 November 2022; and

• c) The Company is not aware of any reason why the trading halt should not be granted; and

• d) The Company is not aware of any other information necessary to inform the market about the trading halt.

Yours sincerely,

==> picture [486 x 67] intentionally omitted <==

Mark Licciardo Company Secretary