VBX LIMITED — Share Issue/Capital Change 2025

Dec 17, 2025

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

VBX LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday December 18, 2025

The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VBX	ORDINARY FULLY PAID	2,508,353	18/12/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

1 / 5

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

VBX LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

Registration number

ABN 79163215914

1.3 ASX issuer code

VBX

1.4 The announcement is

New announcement

1.5 Date of this announcement

18/12/2025

Appendix 2A - Application for quotation of securities

2 / 5

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

Appendix 2A - Application for quotation of securities

3 / 5

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class FROM (Existing Class) ASX +security code and description VBXAA : ORDINARY FULLY PAID RESTRICTED TO (Existing Class) ASX +security code and description VBX : ORDINARY FULLY PAID Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 2,508,353 18/12/2025 Issue date 18/12/2024 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 2,508,353 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.40000000 Any other information the entity wishes to provide about the +securities to be quoted Pre-listing seed capital, refer section 2.20 of the Replacement Prospectus released on the ASX 13 June 2025.

Appendix 2A - Application for quotation of securities

4 / 5

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
VBX : ORDINARY FULLY PAID	43,180,758
4.2 Unquoted +securities (total number of each +class of +securities issued	but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
VBXAA : ORDINARY FULLY PAID RESTRICTED	0
VBXAB : ORDINARY FULLY PAID RESTRICTED	39,924,617
VBXAC : OPTION EXPIRING 13-JUN-2028 RESTRICTED	1,750,000
VBXAE : PERFORMANCE RIGHTS RESTRICTED	25,000,000
VBXAD : OPTION EXPIRING 13-JUN-2028 RESTRICTED	1,272,830
VBXAF : PERFORMANCE RIGHTS	900,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Appendix 2A - Application for quotation of securities

5 / 5