VECTION TECHNOLOGIES LTD — Interim / Quarterly Report 2021

Aug 1, 2021

VECTION OPERATIONAL UPDATE Q4 FY21 (ASX:VR1)

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30 July 2021

DISCLAIMER

This presentation has been prepared by Vection Technologies Limited (ACN 614 814 041) ( Vection Technologies or the Company ) and is for information purposes only. It does not constitute financial product or investment advice or a recommendation to acquire Vection Technologies shares and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Vection Technologies is not licensed to provide financial product advice in respect of Vection Technologies shares.

Vection, Vection Technologies, FrameS, Mindesk, Trainer Creator and their respective logos, are trademarks or registered trademarks of Vection Technologies, or its subsidiaries. All other registered or unregistered trademarks mentioned in this presentation are the property of their respective owners, and no trademark rights to the same are claimed.

Financial Data - All dollar values are in AUD dollars (AUD or $) unless otherwise presented.

ASX Release authorised by the Board of Directors of Vection Technologies Ltd.

Future performance - Forward looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward looking statements including projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. An investment in Vection Technologies shares is subject to investment and other known and unknown risks, some of which are beyond the control of Vection Technologies. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Vection Technologies employees, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in this Presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.

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2 | OPERATIONAL UPDATE - Q4 FY21

	ixed Reality CAD sualisation by Vection.	2 Company Introduction 1 M&A Strategy 3 Quarterly Overview & TCV Update Company Overview 4 5 Corporate Overview and Q&A
M vi

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VECTION TECHNOLOGIES

To realise the full potential of our 3D, Virtual Reality (VR), Augmented Reality (VR), Internet of Things (IoT), Artificial Intelligence (AI) and Computer Aided Design (CAD) platforms, we’re committed to driving digital transformation (DX) across a range of industry sectors.

We focus on integrated XR solutions for companies embarking on their digital transformation journey.

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DIGITIZATION

DIGITALIZATION

DIGITAL TRANSFORMATION

The process of making information available and accessible in a digital format.

The act of making processes more automated through the use of digital.

The process of devising new business applications that integrate all the digitized data and digitalized application.

4 | VECTION OPERATIONAL UPDATE Q4 FY21

AN AMBITIOUS EMERGING TECHNOLOGIES COMPANY INTEGRATED TECHNOLOGY, GLOBAL MARKET PRESENCE AND VERTICAL INDUSTRY KNOWLEDGE

TECHNOLOGY FOOTPRINT PARTNERS PEOPLE Leading the 4th digital Global expanding presence in Key partnerships and Over 100 people globally, industrial revolution via 3D, 4 continents with 9 direct distribution agreements, driving in-country support XR, AI, Cloud Computing, IoT offices. including DELL and Toshiba and unparalleled technology and ICT technologies. Tec for stronger integrated innovation. XR solutions . VERTICALS GROWTH STRATEGY Strong vertical knowledge Strategically positioned to Fully funded to accelerate its across diverse industrial drive unparalleled DX global acquisition, sectors, expanding Vection’s adoption globally via organic distribution and technology footprint in companies’ integration strategy. and inorganic growth. application landscapes. 5 | VECTION OPERATIONAL UPDATE Q4 FY21

BUILDING MARKET DOMINANCE THROUGH STRONG FOUNDATIONS

+215% QoQ Cash Receipts Growth[[2]]

$6.3M QoQ Cash Receipts Cash at Bank[1] Growth[[2]] $1.8M Total TCV at July 2021 $77.5M 13% Market Cap[4] Institutional Shareholders[[4]]

9 Global Offices $10.6M Combined Unaudited FY20 Revenue[3] 100+ Vection Professionals 50+[[4]] Global Partners

(1) At 30 June 2021.

(2) Q4 FY21 over Q3 FY21

(3) Aggregated unaudited revenue of $10.6M in the 2020 financial year being the audited revenue for Vection in FY20 plus unaudited revenue for Blank Canvas and unaudited revenue for JMC in FY20 (December year end) based on the AUD/€ exchange rate of 0.62448 (being the average RBA exchange rate for the financial year to 30 April 2021) . (4) Includes ~64M shares to be issued as part of the JMC acquisition. At 30 July 2021.

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6 | VECTION OPERATIONAL UPDATE Q4 FY21

configuration by Vection.

	1	Company Introduction
	2	Quarterly Overview & TCV Update
	3	M&A Strategy
	4 5	Company Overview Corporate Overview and Q&A

QUARTERLY FINANCIAL OVERVIEW

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$2.5M
> 215% Cash Receipts growth Q4/Q3 FY21.
Further $1M Cash Receipts received in
$2.0M
> the month of July 2021 (June 2021
debtors: $3.1M)
$1.5M > June 2021 Cash at bank of $6.3M .
Strong early signs of continued FY22
$1.0M > growth with $1.8M in FY22 Total Contract
Value (TCV) .
$0.5M
$-
Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21
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Quarterly Cumulative Cash Receipts FY21

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8 | VECTION OPERATIONAL UPDATE Q4 FY21

Quarterly Update

During the Quarter and up to 30 July 2021, the Company advanced its overarching strategy across its multiple divisions/markets, significantly expanding its growth opportunity for FY22. In particular:

AEC & REAL ESTATE							HEALTHCARE & PHARMA				EUROPEAN EXPANSION	EUROPEAN EXPANSION							KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS	KEY APPOINTMENTS
- Established in April 2021 via the							- Established in March 2021, by				- Acquisition of JMC, a European								-	Establishment of			Vection’s			Advisory
acquisition of Blank Canvas to evolve its leading architectural visualisation							joining forces with a strong team of professionals led by Dr Carlo				based technology company delivering high-level integrated business								Board with the appointment of its frst member, highly experienced
offering into transformative XR							Centemeri, a leading healthcare and				technology solutions for Industry			4.0,					automotive executive,					Dr Siegmar
products and experiences . (ASX:15							pharma executive with senior				underpinned by a strong knowledge						in		Haasis, former CIO				R&D of
April 2021)							experience in BASF, Knoll				XR , IoT , AI and ICT . This acquisition								Mercedes-Benz .
- Positive feedback from property developers and architectural frms, with frst VR sales within the APAC							Pharmaceuticals, Abbott Laboratories, Bristol-Myers Squibb and AstraZeneca. (ASX:11,19 March				will accelerate Vection’s expansion within the Europe, Middle East and Africa (EMEA) region while further
region . (ASX:18 May 2021) - Launch of Mindesk for Autodesk							2021) - Completion of the frst milestone as				integrating its XR portfolio with IoT, AI and ICT towards a 360° product suite
Revit , the major player in the BIM							part of its public hospital trial . (ASX:				for Industry 4.0 . (ASX:15 June, 30
market, with a market coverage	of						21 September 2020)				July 2021)
about 70% and ~11m AEC users.	(ASX:						- First sales to clients including
1 July 2021)							Swedish Orphan Biovitrum (SOBI), an
- Vertical’s FY22 TCV growth to	$1.3M						international biopharmaceutical
(ASX:26 July 2021).							company dedicated to treatments in
							the areas of haematology,
							immunology, rare diseases, and
							Covid-19 drugs. (ASX:28 July 2021)

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9 | VECTION OPERATIONAL UPDATE Q4 FY21

Quarterly Outlook

In 1H FY22, following the launch of Vection’s Verticalization strategy, resulted in the establishment of Vection Healthcare & Pharma, and the acquisition of Blank Canvas and JMC Group, the Company is focussing on:

The reinforcement of the existing global infrastructure for the commercialisation of its core technology solutions.

Continued creation of cross-functional efficiencies, synergies and sales opportunities for its increasing global presence .

Increase its overall sales performance across EMEA, AMER and APAC .

M&A opportunities in North America and globally, aligned with its overarching verticalization strategy.

Key appointments

Expanded sales and delivery teams in EMEA, AMER and APAC.

Continued focus on the development of breakthrough technologies to support the Company’s global commercial activities, within the requirements of Digital Transformation (DX) to support its core technology stack.

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10 | VECTION OPERATIONAL UPDATE Q4 FY21

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High definition product
rendering by Vection.
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	1	Company Introduction
	2	Quarterly Overview & TCV Update
	3	M&A Strategy
	4	Company Overview
	5	Corporate Overview and Q&A

ADVANCING THE 2021 GROWTH ROADMAP

A successful history of well executed M&A transactions towards building a strong product suite and delivery service for Industry 4.0 and DX.

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2019 2020 2021 2021 2021 2021
Healthcare &
Vection Mindesk Pharma Blank Canvas JMC Group Target 2
3D, VR and AR Real-time engine for 3D Vertical division with 3D rendering and AI, IOT, ICT Infrastructure XR and strong market
technologies. CAD in XR. strong market strong market and strong European presence in the North
Europe based. North America. knowledge and team knowledge and team commercial market American market
for the Healthcare & in the AEC and Real presence. segment.
Pharma industries. Estate industries.
A targeted approach to seek value accretive M&A opportunities in key geographies, with minimal
dilutionary effect.
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12 | VECTION OPERATIONAL UPDATE Q4 FY21

INCREASING SCALE, REACH AND MARKET POSITIONING A HISTORY OF WELL EXECUTED M&A TECH TRANSACTIONS

$10.6M > Strong history of growth in pre-covid years . > Successful history of well-executed M&A transactions . > Strong revenue growth opportunity in FY22 with: $4.6M -> JMC trending upwards towards its historical average following a $3.1M covid-19 induced revenue reduction in FY20. - > Blank Canvas growing in the $1.3M local and external markets via Vection’s global network. $0.4M - > Vection Health successfully launched in FY21. - FY18 FY19 FY20 FY20 FY20 > Vection increasing its core XR Audited Audited Audited Unaudited[1] Unaudited[1] offering in 3 key geographies + Mindesk Inc + Blank Canvas + JMC Group (EMEA, APAC, AMER).

(1) Aggregated unaudited revenue of $10.6M in the 2020 financial year being the audited revenue for Vection in FY20 plus unaudited revenue for Blank Canvas and unaudited revenue for JMC in FY20 (December year end) based on the AUD/€ exchange rate of 0.62448 (being the average RBA exchange rate for the financial year to 30 April 2021) .

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13 | VECTION OPERATIONAL UPDATE Q4 FY21

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High definition Real Estate
rendering by Vection.
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	1	Company Introduction
	2	Quarterly Overview & TCV Update
	3	M&A Strategy
	4	Company Overview
	5	Corporate Overview and Q&A

TECHNOLOGY AND SCALE FOR MARKET DOMINANCE

STRONG GLOBAL FOOTPRINT

>	Strong Global presencewith 9 direct
	ofces.
>	Strong distribution networkacross
	the EMEA, AMER and APAC.
>	100+ global team.
>	Company ready todeploy at scale and
	to expand in the U.S.

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15 | VECTION OPERATIONAL UPDATE Q4 FY21

DIVERSE APPLICATIONS ACROSS A STRENGTHENED HIGH PROFILE CUSTOMER PORTFOLIO

AEC & Real Estate Fashion, Retail & Machinery Public Sector & Service Agencies Consumer Goods Education Automotive & Naval Defence & Military Media & Healthcare & Pharma Sports & Betting Communication Other Confidential Vection empowers innovation from a strong XR foundation.

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16 | VECTION OPERATIONAL UPDATE Q4 FY21

STRENGTHENED PARTNER NETWORK EXPANDING THE MARKET PROPOSITION

Software

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Hardware

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Service & Industry

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17 | VECTION OPERATIONAL UPDATE Q4 FY21

VECTION’S MARKET LEADING BRANDS FOR XR INTEGRATED SOLUTIONS

Leading 3D, VR, AR, XR product and solutions portfolio. Media & Communication integration. CAD and BIM XR integration. AEC & Real Estate 3D integration. ICT, AI, IoT integration. Increasing the core ARR model. Vection is building a 360° product and solution suite for Industry 4.0 to innovate across geographies and industries.

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18 | VECTION OPERATIONAL UPDATE Q4 FY21

Break-through Healthcare & Pharma technologies.

	1	Company Introduction
	2	Quarterly Overview & TCV Update
	3	M&A Strategy
	4	Company Overview
	5	Corporate Overview and Q&A

CORPORATE OVERVIEW

CORPORATE SNAPSHOT

SHARE PRICE / VOLUME HISTORY

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Share Price [1] : 7.5 ¢
0.20
Shares on Issue [2,4] : 1,034 M
Market Capitalisation [1] : $77.5 M
Cash at Bank [3] : $6.3M 0.15
OWNERSHIP BREAKDOWN [4,5]
0.10 50M
Other Board &
Shareholders Management 0.05 25M
32% 44%
- -
Other Institutional
Top 20 Investors
11% 13%
Aug-20 Sept-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21
PRICE ($)
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(1) Share Price at 29 July 2021. (2) Excludes any Deferred Consideration and/or Performance Rights/Shares. (3) At 30 June 2021. Cash at Bank includes cash and cash equivalents. (4) Includes ~64M shares to be issued as part of the JMC acquisition. (5) At 30 June 2021.

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20 | VECTION OPERATIONAL UPDATE Q4 FY21

Q&A AND INVESTOR CONFERENCE CALL DETAILS

Vection’s management will host a conference call on Wednesday 4 August 2021 at 12.00pm AEST to discuss this investor presentation and to provide an update of the Company’s business strategy and financial performance.

Participants must register in advance for the investor call using the following link to receive dial-in details: - https://us06web.zoom.us/webinar/register/WN_Bh7Ml PeS_CBa 83gQh_5HA

information about joining the webinar.

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Please share your questions in advance to the Company at AUpress@vection.com.au

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21 | VECTION OPERATIONAL UPDATE Q4 FY21

Investor Relations Contact Details

Gianmarco Biagi - Managing Director (Europe Based) Email: gianmarco.biagi@vection.com.au Phone: +39 051 0142248 Gianmarco Orgnoni - Director and COO (Australia Based) Email: gianmarco.orgnoni@vection.com.au Phone: +61 8 6380 2555

vection.com.au mindeskvr.com blankcanvas.studio jmcgroup.it

APAC

Perth Sydney Ahmedabad

EMEA

Milan Rome Bologna Bari Abu Dhabi

AMER

San Francisco

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