INVION LIMITED — AGM Information 2017

Nov 29, 2017

ASX / MEDIA ANNOUNCEMENT

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ANNUAL GENERAL MEETING – WITHDRAWAL OF RESOLUTION

Brisbane, Australia and Delaware, United States, 30 November 2017 : Invion Limited (ASX: IVX) ( Invion or the Company ) advises that the board of directors of Invion ( Board ) has resolved to withdraw Resolution 9 from the Annual General Meeting to be held 30 November 2017 ( AGM ).

Resolution 9 related to the consolidation of Invion’s issued capital on the basis that every 100 shares or options be consolidated into 1 share or option.

The Board has decided to withdraw Resolution 9 following a further review of the Company’s capital structure and having considered feedback received from Invion shareholders expressing concern about the consolidation.

As a consequence of the withdrawal of Resolution 9, the Board proposes to put motions at the AGM to amend Resolutions 6, 7 and 8 as follows:

• Resolution 6: reference to Resolution 9 is deleted, so that the passing of Resolution 6 will be subject to the passing of Resolutions 7 and 8;

• Resolution 7:

  • reference to Resolution 9 is deleted, so that Resolution 7 will be subject to the passing of Resolutions 6 and 8; and

  • the words “(on a pre-Consolidation basis)” are deleted; and

• Resolution 8:

  • reference to Resolution 9 is deleted, so that Resolution 8 will be subject to the passing of Resolutions 6 and 7; and

  • the words “12,500,000 shortfall Shares in aggregate (on a post-Consolidation basis)” are replaced with “1,250,000,000 shortfall Shares in aggregate”.

If the motions to amend Resolutions 6, 7 and 8 are passed by simple majority at the AGM, the amended Resolutions will be put to shareholders for approval.

The withdrawal of Resolution 9 will not affect the validity of the proxy form attached to the Notice of AGM dated 30 October 2017, nor the validity of any proxy votes already submitted.

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FOR MORE INFORMATION CONTACT

Interim Executive Chair: Dr Greg Collier. P: 07 3295 0500 investor@inviongroup.com

Invion Limited ABN 76 094 730 417

GPO Box 1557, Brisbane, QLD, 4001. P +61 7 3295 0500 F +61 7 3295 0599 www.inviongroup.com