VECTION TECHNOLOGIES LTD — Capital/Financing Update 2025

Jun 9, 2025

10 June 2025, Australia

ASX RELEASE

VECTION LAUNCHES ALGHO AI SIGN LANGUAGE ON AMAZON WEB SERVICE MARKETPLACE FOR GREATER ACCESSIBILITY IN EUROPE

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY) ("Vection" or the "Company"), the INTEGRATED XR[] company, announced that Algho AI Sign Language is now available across Europe on AWS Marketplace.

HIGHLIGHTS:

• Algho AI Sign Language is powered by AWS services such as Step Functions and SageMaker, enabling the development and deployment of Italian Sign Language (LIS) capabilities.

• Early commercial wins: Cagliari Airport, the City of Turin, Acquevenete and another customer placed $500k in initial orders after recognising the value of our solution, enhanced by integrated AWS services. Further expansion of this work is anticipated, imminently.

• Deployment on AWS ensures high performance, scalability, and security, bolstering Vection’s recurring revenue model in the European market.

• Targeting public administration, healthcare, transport, utilities, and other essential services where real-time accessibility is crucial.

• The solution addresses EU regulatory mandates for digital inclusion, including the European Accessibility Act (Directive (EU) 2019/882).

• Vection commits to inclusive, AI-driven solutions that bridge communication gaps for the Deaf and hard-of-hearing community.

Sergio Gianotti Head of AWS Public Sector Italy: “Vection's Algho AI Sign Language solution, now available on AWS Marketplace, exemplifies how artificial intelligence can drive both innovation and inclusion. At AWS, we're committed to supporting technologies that solve real-world challenges, and Algho addresses a significant gap in digital accessibility for the deaf and hard-of-hearing community. This solution is an opportunity for companies and public sector entities across Europe to meet their accessibility requirements while demonstrating how cloud-based AI can create more equitable digital experiences for all citizens”.

Gianmarco Biagi, Managing Director of Vection Technologies, stated: “ Algho AI Sign Language on AWS Marketplace supports our mission to bring practical AI solutions to market, while addressing an important societal need. We’re proud to offer a tool that improves accessibility for Deaf and hard-of-hearing communities across Europe.”

Chiara Foglietta, Councillor of the City of Turin for Ecological and Digital Transition, Innovation, Mobility, and Transport: “Turin has placed innovation at the heart of its strategy, viewing it as the experimentation of new solutions aimed at improving people’s quality of life. This is why, through CTE Next, we’ve chosen to support real-world testing of emerging technologies that deliver tangible benefits to citizens, with a special focus on people with disabilities. With Algho’s avatar, we are taking another important step in this direction.”

Massimiliano Palma, CEO of Regola: "The integration of the Algho platform into the 112 system (refer below) marks a tangible technological enhancement for the benefit of all. It is a significant step toward a more advanced, accessible, and efficient Public Administration. We are proud to actively contribute to this digital transformation that places innovation at the service of people”.

VECTION TECHNOLOGIES LTD

ASX:VR1; OTC:VCTNY | ACN: 614 814 041

WEBSITE

www.vection-technologies.com

GLOBAL OFFICES

PERTH | SYDNEY | SAN FRANCISCO | MILAN | BOLOGNA | ROME | BARI | ABU DHABI | AHMEDABAD

REGISTERED OFFICE

Level 4, Building C, Garden Office Park, 355 Scarborough Beach Road, Osborne Park WA 6017 - Australia

INTEGRATED XR

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OVERVIEW:

Algho AI Sign Language is now available on AWS Marketplace, simplifying procurement and accelerating adoption for European clients.

This service includes:

• a. License Provision: Annual recurring licenses enabling end users to utilise Algho AI Sign Language for one year, along with options for seamless renewal.

• b. Knowledge Base Packages: Structured bundles designed for creating and managing content tailored to the communication requirements of each organization.

Algho AI Sign Language is an advanced technological component integrated within Vection’s Algho AI platform, designed to enhance accessibility through real-time interpretation of sign language. The solution leverages natural language processing, computer vision, gesture recognition, and motion capture, combined with key AWS services to ensure scalability and performance.

Specifically, we use AWS Step Functions to orchestrate serverless and distributed workflows, enabling smooth coordination between AI modules, and Amazon SageMaker for training and inference of our custom machine learning models, which are critical for accurate gesture interpretation and language processing.

Algho AI Sign Language reduces the communication gap between hearing-impaired audiences and presenters by delivering sign language interpretations in real-time via on-screen avatars.

Algho captures and analyses inputs (like voice or text), translate them into sign language gestures, and presents them via an on-screen virtual avatar in real-time. It can also interpret sign language gestures (for instance, from a webcam feed) and convert them into spoken or written text. By integrating various AI functionalities, Algho AI Sign Language delivers:

• Dynamic Gesture Recognition discerns and interprets intricate sign patterns and facial expressions across multiple sign languages, ensuring broader accessibility and inclusivity.

• Real-Time Translation: Instantly transforms spoken or written language into sign language and vice versa.

• Context-Aware Responses: Adjust translations and gestures according to conversation flow and user intent to ensure clarity and precision.

• Scalability & Reliability: Functions on a strong AWS framework, enabling organisations of any size to implement this technology with high availability and security.

This comprehensive approach empowers businesses and public entities to offer seamless sign language support for deaf or hard-of-hearing individuals—eliminating communication barriers and promoting inclusive user experiences.

Its real-time delivery capabilities enable seamless communication and participation across digital platforms and support organisations to fulfil their obligations to make all digital services accessible to individuals with disabilities by June 2025.[1]

It also helps the organisation adhere to the EU Strategy for the Rights of Persons with Disabilities 2021–2030, which focuses on eliminating communication barriers in public contexts[2] , and regulation (EU) 2021/782, which mandates that transport operators provide real-time, accessible communication for every passenger.

1 Source: https://eur-lex.europa.eu/eli/dir/2019/882/oj/eng

2 Source: https://commission.europa.eu/strategy-and-policy/policies/justice-and-fundamental-rights/disability/union-equality-strategy-rights-personsdisabilities-2021-2030/european-accessibility-act_en

VECTION TECHNOLOGIES LTD

ASX:VR1; OTC:VCTNY | ACN: 614 814 041

WEBSITE

www.vection-technologies.com

GLOBAL OFFICES

PERTH | SYDNEY | SAN FRANCISCO | MILAN | BOLOGNA | ROME | BARI | ABU DHABI | AHMEDABAD

REGISTERED OFFICE

Level 4, Building C, Garden Office Park, 355 Scarborough Beach Road, Osborne Park WA 6017 - Australia

INTEGRATED XR

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By utilising Algho AI Sign Language, organisations can fulfil these requirements while reducing the logistical and financial challenges of obtaining certified human interpreters—especially vital in areas facing interpreter shortages. With AWS Cloud, we were able to reduce development time, improve performance, and enhance the reliability of our service.

Furthermore, by leveraging the global scale and distribution capabilities of AWS Marketplace, we can reach more organisations across Europe, accelerating access to our solution and supporting faster adoption in both public and private sectors. Leveraging AWS provides a trusted and certified foundation, reinforcing confidence in our solution for end customers.

ARCHITECTURE:

Collaborative solution-architecture sessions with AWS Partner Polarity are actively enhancing our technical infrastructure to align with the AWS Well-Architected Framework, ensuring scalability, reliability, and operational excellence.

The solution leverages multiple AWS services to ensure scalability, efficiency, and fast time-to-market. These include Amazon Bedrock, Amazon SageMaker, used to train and run our AI models, AWS Step Functions to coordinate complex workflows across components, and Amazon Textract, which enables automated extraction of data from scanned documents. This integrated cloud infrastructure allows us to deliver a reliable, high-performance service with reduced operational complexity.

Vection has already delivered:

• Cagliari Airport: live interpretation for passenger service kiosks.

• A pilot implementation for a large client across customer service points.

• Acquevenete, an infrastructure company supplying electricity and gas

These initial achievements signify around $400k in contracted annual recurring revenue, with work commencing immediately and the contracts renewing automatically unless notice is provided before the end of the one year term. More work is expected to result from these successful applications imminently.

Real-World Implementation: The city of Turin (Italy) Use Case

Algho AI Sign Language is the result of an innovation challenge worth $100k, launched by the City of Turin, which, together with the NUE 112 Emergency Service of the Piedmont Region, whose operations centre is managed by Regola S.r.l., Turin invited Italian companies to co-finance and implement cutting-edge solutions aimed at enhancing LIS (Italian Sign Language) communication during emergencies or critical situations. The first real-world pilot is currently underway at the “Casa delle Tecnologie Emergenti (CTE NEXT)”, an innovation hub funded by Italy’s Ministry of Enterprises and Made in Italy (MIMIT). Through this ongoing project, deaf citizens can independently call the emergency number 112 during an emergency without needing a human interpreter, leveraging Vection’s LIS-fluent AI avatar, which is directly integrated into the emergency operations centre.

Algho AI Sign Language is now available on AWS Marketplace, making it easily accessible to potential European customers while facilitating secure and efficient transactions. Thanks to AWS Cloud, Vection offers dependable, enterprise-level services while broadening its market presence. Vection ensures enterprise-level reliability, adheres to strict EU privacy standards, and provides adaptable scalability to meet varying demand levels.

Market Opportunity & Outlook

Analysts anticipate that the global market for assistive and accessible technologies will grow to $54.9 billion by 2033. Rising awareness, regulatory mandates, and the growing acceptance of advanced AI solutions fuel this growth. Algho’s sign language features place Vection at the leading edge of this swiftly developing market, particularly in areas with robust legal commitments to inclusivity.

VECTION TECHNOLOGIES LTD

ASX:VR1; OTC:VCTNY | ACN: 614 814 041

WEBSITE

www.vection-technologies.com

GLOBAL OFFICES

PERTH | SYDNEY | SAN FRANCISCO | MILAN | BOLOGNA | ROME | BARI | ABU DHABI | AHMEDABAD

REGISTERED OFFICE

Level 4, Building C, Garden Office Park, 355 Scarborough Beach Road, Osborne Park WA 6017 - Australia

INTEGRATED XR

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MATERIALITY THRESHOLD:

The Board considers this announcement material due to the importance of our strategic partnership with a globally recognised leader (AWS), the opportunity to enter a rapidly growing market for AI-driven accessibility solutions, and how it fits into Vection’s broader strategy of offering high-impact, innovative technologies.

AUTHORISATION:

This ASX release is authorised by the Board of Directors of Vection Technologies Limited.

ENDS

INVESTOR RELATIONS CONTACT DETAILS:

Gianmarco Biagi - Managing Director (Europe Based) Email: gianmarco.biagi@vection-technologies.com

Cameron Petricevic - Independent, Non-Executive Director (Australia Based) Email: cameron.petricevic@vection-technologies.com

ABOUT VECTION TECHNOLOGIES:

Vection Technologies is a growing enterprise-focused company that helps businesses bridge the physical and digital worlds. We help organisations leverage their 3D data via powerful extended reality (XR) interfaces that foster collaboration and learning, grow sales and more.

Vection Technologies is listed on the Australian Securities Exchange (ASX) with ticker code VR1, and trades on the U.S. overthe-counter (OTC) markets under the symbol VCTNY.

For more information, please visit: www.vection-technologies.com

FORWARD-LOOKING STATEMENTS:

Certain statements made in this release are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Vection Technologies' current expectations, estimates and projections about the industry in which Vection Technologies operates, and beliefs and assumptions. Forward-looking statements can generally be identified by the use of forward-looking words such as 'anticipate', 'believe', 'expect', 'project', 'forecast', 'estimate', 'likely', 'intend', 'should', 'will', 'could', 'may', 'target', 'plan' and other similar expressions within the meaning of securities laws of applicable jurisdictions. Indications of, guidance, or outlook on future earnings, distributions, financial position, or performance are also forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the control of Vection Technologies, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions shareholders and prospective shareholders not to place undue reliance on these forwardlooking statements, which reflect the view of Vection Technologies only as of the date of this release. There can be no assurance that actual outcomes will not differ materially from these forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Vection Technologies has no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

VECTION TECHNOLOGIES LTD

ASX:VR1; OTC:VCTNY | ACN: 614 814 041

WEBSITE

www.vection-technologies.com

GLOBAL OFFICES

PERTH | SYDNEY | SAN FRANCISCO | MILAN | BOLOGNA | ROME | BARI | ABU DHABI | AHMEDABAD

REGISTERED OFFICE

Level 4, Building C, Garden Office Park, 355 Scarborough Beach Road, Osborne Park WA 6017 - Australia

INTEGRATED XR

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