RAS TECHNOLOGY HOLDINGS LIMITED — Major Shareholding Notification 2022

Nov 21, 2022

Form 604

Corporations Act 2001Section 671B

Notice of change of interests of 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)
There was a change in the interests of the
substantial holder on	19 November 2022
The previous notice was given to the company on	20 May 2022
The previous notice was dated	20 May 2022

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

	Previous notice		Present notice
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Votingpower (5)
Ordinary Shares	24 178.190	53 19%	12.044,399	26.50%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationaiven inrelationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
19 November 2022	Robert Vilkaitis	Robert Vilkaitis has votingpower in RAS TechnologyHoldings Limited (RTH)labove 20% and is thereforedeemed to have the samelrelevant interest as RTHpursuant to section 608(3)(a)of the Corporations Act 2001(Cth).The change in interestresulting in the need for thisForm 604 is caused by therelease from voluntaryescrow of 12,065,124 sharesand the cessation of thedisposal restriction attachingto 66,667 shares, in eachcase, as referenced in RTH'sForm 605 dated on or aroundthe date of this form, which inturn, reduces the relevantinterest held by RTH.	INil.	ORD 12,131,791	12,131.791
24 June 2022	Jessica Vilkaitis	On market transactions		ORD 2,000	2,000

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
Robert Vilkaitis	Robert Vilkaitis	Robert Vilkaitis	Direct holding undersection 608(1)(a) ofthe Corporations Act2001 (Cth) (Act)	ORD 12,039,066	12,039,066
Alexander Vilkaitis	Alexander Vilkaitis		Direct holding undersection 608(1)(a) ofthe Act. RobertVilkaitis and AlexanderVilkaitis areassociates for thepurposes of section$12(2)(c)$ of the Act	ORD 5 333	5.333

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	IN/A

6. Addresses

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

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

$\sim$ $\sim$Signature
	$\sim$
print name Robert Vilkaitis		Individualcapacity
sign here		Date$22-$$\rightarrow$

DIRECTIONS

• 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 $(1)$ 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 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$

The voting shares of a company constitute one class unless divided into separate classes. $(4)$

• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ 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
  • 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 thesecurities to which the relevant interest relates (indicating clearly the $(b)$

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

• 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 m $(7)$ are not paid directly to the person from whom the relevant interest was acquired.
• 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". $(8)$

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$