MACH7 TECHNOLOGIES LIMITED — Capital/Financing Update 2019

Dec 8, 2019

ASX Announcement

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COMPLETION OF $20 MILLION PLACEMENT

Melbourne, Australia; 9 December 2019: Mach7 Technologies Limited (“Mach7” or the “Company”) (ASX:M7T), a leader in the global enterprise imaging market, today confirms that it has completed a capital raise of $20 million via an equity placement to institutional and other sophisticated investors.

32,258,065 ordinary shares were issued at an issue price of 62 cents per share using the Company’s ASX Listing Rule 7.1 and 7.1A capacity and shareholder approval is not required. The Shares will rank equally to Mach7’s shares currently on issue.

A cleansing notice is attached to this announcement.

About Mach7 Technologies:

Mach7 Technologies (ASX:M7T) develops innovative data management solutions that create a clear and complete view of the patient to inform diagnosis, reduce care delivery delays and costs, and improve patient outcomes. Mach7’s awardwinning enterprise imaging platform provides a vendor neutral foundation for unstructured data consolidation and communication to power interoperability and enables healthcare enterprises to build their best-of-breed clinical ecosystems. Mach7’s sophisticated workflow tools, advanced clinical viewing and optimized vendor neutral archiving solutions unlock silos of legacy systems empowering healthcare providers to own, access and share patient data without boundaries. Visit Mach7t.com.

This announcement has been authorised for release to ASX by the Company Secretary.

For more information, contact :

Jenni Pilcher CFO, Company Secretary jenni.pilcher@mach7t.com

Andrew Keys Registered Office: Investor Relations Level 2, 20 Collins Street andrew.keys@keysthomas.com Melbourne, VIC 3000

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ASX Announcement

9 December 2019

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Mach7 Technologies Limited

(ASX: M7T)

To: Australian Securities Exchange

Filed by: Mach7 Technologies Limited

Notice Pursuant to Section 708A(5)(e) of the Corporations Act

Mach7 Technologies Limited ACN 007 817 192 (the Company ) gives notice under section 708A(5)(e) of the Corporations Act as follows:

• (a) On 9 December 2019, the Company issued 32,258,065 fully paid ordinary shares.

• (b) The shares were issued without disclosure to the investors under Part 6D.2 of the Corporations Act.

• (c) As at the date of this notice the Company has complied with:

• (i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (ii) Section 674 of the Corporations Act.

• (d) As at the date of this notice there is no excluded information required to be disclosed under section 708A(6)(e) of the Corporations Act.

Dated: 9 December 2019

Signed for Mach7 Technologies Limited :

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Jenni Pilcher Company Secretary

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Mach7 Technologies Limited ACN 007 817 192
Level 2, 20 Collins Street, Melbourne, Victoria 3000
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