VECTION TECHNOLOGIES LTD — Share Issue/Capital Change 2024

Nov 28, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

VECTION TECHNOLOGIES LTD

Announcement Type

New announcement

Date of this announcement

Friday November 29, 2024

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

Full information on the grant to Director Jacopo Merli was detailed in the Company's Annual General Meeting Notice announced 29 October 2024.

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VR1	ORDINARY FULLY PAID	23,891,876	29/11/2024

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

VECTION TECHNOLOGIES LTD

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 93614814041

1.3 ASX issuer code

VR1

1.4 The announcement is

New announcement

1.5 Date of this announcement

29/11/2024

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

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

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

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Full information on the grant to Director Jacopo Merli was detailed in the Company's Annual General Meeting Notice announced 29 October 2024.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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Appendix 2A - Application for quotation of securities

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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 ASX +security code and description VR1 : ORDINARY FULLY PAID Issue date 29/11/2024 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 23,891,876 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Management services Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.028000 Any other information the entity wishes to provide about the +securities to be quoted All details as per the Notice of General Meeting released 29 October 2024 with the grant approved by shareholders at the AGM held on 28 November 2024.

The purpose(s) for which the entity is issuing the securities

To pay for services rendered Please provide additional details Management services and in this regard, achievement of service performance targets

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Appendix 2A - Application for quotation of securities

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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
VR1 : ORDINARY FULLY PAID	1,350,480,845
VR1O : OPTION EXPIRING 11-NOV-2027	270,000,000

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
VR1AA : PERFORMANCE RIGHTS	23,295,612
VR1AN : OPTION EXPIRING 03-DEC-2024 EX $0.25	32,500,000

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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