ELSIGHT LIMITED — Major Shareholding Notification 2024

Sep 29, 2024

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Elsight Limited

ACN/ARSN 616 435 753

1. Details of substantial holder (1)

Name Mark Lochtenberg ACN/ARSN (if applicable) Not applicable

The holder became a substantial holder on

21 09 2023/ /

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Shares	7,955,170	7,955,170	5.25%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest Nature of relevant interest (7) Class and number of securities Rigi Investments Pty Limited Beneficial Interest 7,955,170 Ordinary Shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant Registered holder of Person entitled to be Class and number interest securities registered as holder (8) of securities Rigi Investments Pty Limited Rigi Investments Pty Limited Mark Lochtenberg 7,955,170 Ordinary Shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Refer to Annexure A

603 page 2/2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association Rigi Investments Pty Limited Mark Lochtenberg is the sole director of Rigi Investments Pty Limited. 7. Addresses The addresses of persons named in this form are as follows: Name Address Rigi Investments Pty Limited PO Box 416 Milsons Point NSW 1565

Signature

print name Mark Lochtenberg capacity Substantial holder sign here date 30 09 2024 / /

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown".

• (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure A

5. Considera�on

The considera�on paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substan�al holder became a substan�al holder is as follows:

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Holder of relevant Date of acquisi�on Considera�on Class and number of securi�es
interest Cash Non-cash
Average price
in AUD$
Rigi Investments Pty 13 September 2023
Limited 0.340833 and Not applicable Ordinary Shares, a total of
Rigi Investments Pty 11 September 2023 0.413500 343,000
Limited
Rigi Investments Pty 01 September 2023 0.296289 Not applicable Ordinary Shares 5,500
Limited
Rigi Investments Pty 11 August 2023 0.305000 Not applicable Ordinary Shares 5,000
Limited
Rigi Investments Pty 09-August-2023 0.320000 Not applicable Ordinary Shares 6,000
Limited
Rigi Investments Pty 08-August-2023 0.295000 Not applicable Ordinary Shares 2,000
Limited
Rigi Investments Pty 07-August-2023 0.310000 Not applicable Ordinary Shares 3,000
Limited
Rigi Investments Pty 03-July-2023 0.275881 Not applicable Ordinary Shares 9,728
Limited
Rigi Investments Pty 28-June-2023 0.275000 Not applicable Ordinary Shares 5,000
Limited
Rigi Investments Pty 22-June-2023 0.250000 Not applicable Ordinary Shares 272
Limited
Rigi Investments Pty 21-June-2023 0.275000 Not applicable Ordinary Shares 23,166
Limited
Rigi Investments Pty 19-June-2023 0.265000 Not applicable Ordinary Shares 28,000
Limited
Rigi Investments Pty 16-June-2023 0.252612 Not applicable Ordinary Shares 67,000
Limited
Rigi Investments Pty 09-June-2023 0.266555 Not applicable Ordinary Shares 27,334
Limited
Rigi Investments Pty 08-June-2023 0.270000 Not applicable Ordinary Shares 1,500
Limited
Rigi Investments Pty 07-June-2023 0.290000 Not applicable Ordinary Shares 9,159
Limited
Rigi Investments Pty 22-May-2023 0.290000 Not applicable Ordinary Shares 12,000
Limited
Rigi Investments Pty 18-May-2023 0.295000 Not applicable Ordinary Shares 13,000
Limited
Rigi Investments Pty 16-May-2023 0.285000 Not applicable Ordinary Shares 65,900
Limited
Rigi Investments Pty 10-May-2023 0.300000 Not applicable Ordinary Shares 3,293
Limited
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Print name: Mark Lochtenberg Capacity: Substantial holder ___________ Sign here: Date: 30/09/2024 _____________