VECTION TECHNOLOGIES LTD — Capital/Financing Update 2021

Dec 2, 2021

==> picture [130 x 44] intentionally omitted <==

3 December 2021 | Australia

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

The Corporations Act 2001 (“Act”) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, the 60,000,000 fully paid ordinary shares issued as noted in the attached Appendix 2A will fall within the exemption in section 708A(5) of the Act. Pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Corporations Act”), Vection Technologies Ltd (ASX:VR1) the Company) gives notice that:

a) the Company issued the shares without disclosure under Part 6D.2 of the Corporations Act; and b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and section 674 of the Corporations Act; and

c) as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document. 3D VIRTUAL REALITY AUGMENTED REALITY INDUSTRIAL IoT CAD

About Vection Technologies:

Vection Technologies Ltd (ASX:VR1) is a multinational software company that focuses on real-time technologies for industrial companies’ digital transformation.

Through a combination of our 3D, Virtual Reality, Augmented Reality, Industrial IoT and CAD solutions, Vection Technologies helps companies and organisations to innovate, collaborate and create value. For more information please visit the Company’s websites: vection.com.au

mindeskvr.com

ASX release authorised by the Company Secretary of Vection Technologies Ltd.

Vection Technologies Ltd (ASX:VR1) ACN: 614 814 041

Asia Pacific Address: 642 Newcastle Street, Leederville WA 6007

Phone: +618 6380 2555

Europe North America Media Enquiries Address: Via Isonzo 61 Address: 785 Market Street, #600 AUpress@vection.com.au 40033 Casalecchio di Reno (BO), San Francisco CA 94103 EUpress@vection.com.au Italy USA

==> picture [23 x 35] intentionally omitted <==

1