MICRO-X LIMITED — Share Issue/Capital Change 2022

Dec 15, 2022

Micro-X Limited, ABN 21 153 273 735

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16 December 2022

ASX Market Announcements Office ASX Limited Level 4, North Tower, Rialto 525 Collins Street Melbourne VIC 3000

By electronic lodgement

Dear Ms Kostopoulos,

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Micro-X Limited (ASX:MX1) (ACN 153 273 735) ( MX1 ) gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ) that:

• (a) on 15 December 2022, it issued 26,929,000 fully paid ordinary shares under the second tranche of the placement to Varex Imaging Corporation announced on 19 September 2022 – these shares were issued for cash consideration of 14.7 cents per share;

• (b)

  • the shares referred to above were issued without disclosure under Part 6D.2 of the Act;

• (c) as at the date of this notice, MX1 has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to MX1; and

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no “excluded information” of the type referred to in sections 708A(7) and 708A(8) of the Act.

Yours sincerely

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Kingsley Hall Chief Financial Officer and Company Secretary Micro-X Limited

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About Micro-X

Micro-X Limited (the Company ) is an ASX listed hi-tech company developing and commercialising a range of innovative products for global health and security markets, based on proprietary cold cathode, carbon nanotube (CNT) emitter technology. The electronic control of emitters with this technology enables x-ray products with significant reduction in size, weight and power requirements, enabling greater mobility and ease of use in existing x-ray markets and a range of new and unique security and defence applications. Micro-X has a fully vertically integrated design and production facility in Adelaide, Australia. A growing technical and commercial team based in Seattle is rapidly expanding Micro-X’s US business.

Micro-X’s product portfolio is built in four, high margin, product lines in health and security. The first commercial mobile digital radiology products are currently sold for diagnostic imaging in global healthcare, military and veterinary applications. An X-ray Camera for security imaging of Improvised Explosive Devices is in advanced development. The US Department of Homeland Security has selected Micro-X to design a next-generation Airport Checkpoint Portal with self-service x-ray. A miniature brain CT imager for pre-hospital stroke diagnosis in ambulances, is being developed with funding from the Australian Government’s Medical Research Future Fund.

For more information visit: www.micro-x.com

CONTACTS

Micro-X Limited	Investor Enquiries
Peter Rowland, Managing DirectorKingsley Hall, CFO and Company SecretaryRebecca Puddy, Head of Corporate CommunicationsTel: +61 8 7099 3966E:media@micro-x.com	David Allen / John GrangerHawkesbury PartnersTel: +61 2 9103 9494E:dallen@hawkesburypartners.com jgranger@hawkesburypartners.com

Micro-X Limited, 1284 South Road, Tonsley, South Australia, 5042, AUSTRALIA

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