ION VIDEO LTD — Remuneration Information 2017

Nov 30, 2017

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ASX Announcement 1 December 2017

LISTING RULE 10.13.5 WAIVER GRANTED

LINIUS TECHNOLOGIES LIMITED (ASX: LNU) ( Company ) wishes to advise that ASX has granted the Company a waiver from ASX Listing Rule 10.13.5 to permit the Company’s 2017 notice of annual general meeting ( Notice ) to approve the issue of 20 million loan funded shares ( Remuneration Shares ) to Gerard Bongiorno (or his nominee), a director of the Company, as part of his remuneration package, not to include an issue price, subject to the following conditions:

1. the Notice states that the issue price of the Remuneration Shares to be issued to Gerard Bongiorno (or his nominee) will be calculated based on the higher of the price of the Company’s shares at the close of trade on the date of the 2017 annual general meeting and $0.05 (which the Company can confirm is the case); and

2. the Company releases the terms of this waiver to the market immediately.

For more information, please contact:

Stephen Kerr, Company Secretary Linius Technologies Limited T: +61 3 8680 2317 Press and Media: pr@linius.com Investors: ir@linius.com General: info@linius.com

Linius Technologies Limited (ASX: LNU) Level 18, 101 Collins Street, Melbourne VIC 3000 Australia t: +61 3 8680 2317 / e: info@linius.com