GREEN360 TECHNOLOGIES LIMITED — Share Issue/Capital Change 2017

May 29, 2017

ASX Release30 May 2017ULTRACHARGE LIMITEDACN 140 316 463Level 6105 St Georges Terrace,Perth Western Australia 6000Tel: +61 8 6558 0886Fax: +61 8 6316 3337Web: www.ultra-charge.netContactsInvestorsUltraChargeMr Kobi Ben-ShabatChief Executive Officer+972 58 400 7346kobi@ultra-charge.netMediaProfessional Public RelationsDavid Tasker+61 9388 0944david.tasker@ppr.com.auDirectorsMr Kobi Ben-ShabatMr Doron NevoMr Yuri NehushtanMr John PaitaridisMr David WheelerASX Code:UTRShares:334,516,965Escrow Shares:286,001,156 Options (various):82,000,000Performance Rights:60,000,000

Release of Securities from EscrowUltraCharge Limited(ASX: UTR, UltraChargeor theCompany) advises in accordancewith ASX Listing Rule 3.10A that the following securities will be released from escrow:SecurityNumberRelease DateOrdinary Shares1,041,19616 June 2017Peter WebseCompany Secretary**About UltraCharge Limited(**www.ultra-charge.net)UltraCharge is a battery technology company based in Israel which has acquired exclusive rights topatented technology from the Nanyang Technology University in Singapore (NTU). The technology willreplace graphitpe in anodes (negative pole) with a nanotube gel material made from titanium dioxide, inlithium batteries. This has the potential to revolutionise the market for lithium batteries by producing abattery that is safe, has a longer lifetipme and is fast charging. UltraCharge has established a laboratoryfacility in Israel to conduct nanotube synthesis and fabrication of the nanotube anode, and is discussingsupply options with end users in the global battery market.

UltraCharge Limited ( ASX: UTR, UltraCharge or the Company ) advises in accordance with ASX Listing Rule 3.10A that the following securities will be released from escrow: