RAS TECHNOLOGY HOLDINGS LIMITED — Major Shareholding Notification 2021

Nov 22, 2021

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme	RAS Technology Holdings Limited
ACN/ARSN	650 066 158
1. Details of substantial holder (1)
Name	Robert Vilkaitis and his associates
ACN/ARSN (if applicable)650 066 158

The holder became a substantial holder on 19 November 2021

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Fully Paid Ordinary Shares (FPOs)	28,778,190	28,778,190	63.40%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Robert Vilkaitis	Direct holding under section 608(1)(a) of theCorporations Act 2001 (Cth) (Act)	12,039,066 fully paid ordinaryshares
	Robert Vilkaitis has voting power in RASTechnology Holdings Limited above 20% and istherefore deemed to have the same relevantinterest as RAS Technology Holdings Limitedpursuant to section 608(3)(a) of the Act (excludingshares directly held by Robert Vilkaitis as notedabove, and which are subject to escrow)	16,731,791 fully paid ordinaryshares
	Details of RAS Technology Holdings Limited'srelevant interest is set out in the Form 603 lodgedby it on or around the same date of this Form 603.
Jessica Vilkaitis	Direct holding under section 608(1)(a) of the ActRobert Vilkaitis and Jessica Vilkaitis areassociates for the purposes of section12(2)(c) of the Act	2,000 fully paid ordinary shares
Alexander Vilkaitis	Direct holding under section 608(1)(a) of the ActRobert Vilkaitis and Alexander Vilkaitis areassociates for the purposes of section12(2)(c) of the Act	5,333 fully paid ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number of securities
interest	securities	registered as holder (8)
Robert Vilkaitis	Robert Vilkaitis	Robert Vilkaitis	12,039,066 FPOs
	Various (See Annexure A of Form 603 lodged byRAS Technology Holdings Limited on or around the date ofthis Form 603) but excluding Robert Vilkaitis as he is notedabove.		16,731,791 FPOs
Jessica Vilkaitis	Jessica Vilkaitis	Jessica Vilkaitis	2,000 FPOs
Alexander Vilkaitis	Alexander Vilkaitis	Alexander Vilkaitis	5,333 FPOs

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest	Date of acquisition	Consideration (9)	Class and number ofsecurities
Jessica Vilkaitis	18 November 2021 in connection withthe Company's IPO	$3,000.00	2,000 FPOs
Alexander Vilkaitis	18 November 2021 in connection withthe Company's IPO	$7,999.50	5,333 FPOs

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Jessica Vilkaitis	Robert Vilkaitis and Jessica Vilkaitis areassociates for the purposes of section12(2)(c) of the Act
Alexander Vilkaitis	Robert Vilkaitis and Alexander Vilkaitis areassociates for the purposes of section12(2)(c) of the Act

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Robert Vilkaitis
Jessica Vilkaitis	C/- JM Corporate Services, Level 21, 459 Collins Street, Melbourne VIC 3000
Alexander Vilkaitis
RAS Technology Holdings Limited

Signature
print name	Robert Vilkaitis	capacity	Individual
sign here		date	22 November 2021

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (7) Include details of:
  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
• (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.