VECTION TECHNOLOGIES LTD — Share Issue/Capital Change 2025

Oct 2, 2025

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 October 03, 2025

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VR1	ORDINARY FULLY PAID	55,600,000	03/10/2025

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

3/10/2025

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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:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

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

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

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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 issued under an +employee incentive scheme FROM (Existing Class) ASX +security code and description VR1AA : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description VR1 : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 55,600,000

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02976334-6A1277408&v=c2533a54e25 14fb77a8f93f84db686e1125273e9

Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes

Provide details of the KMP or +associates being issued +securities

Name of KMP	Name of registered holder	Number of +securities
Mr Gianmarco Biagi	Settepuntonove Srl	17,000,000
Mr Lorenzo Biagi	Settepuntonove Srl	13,600,000
Mr Jacopo Merli	Mr Jacopo Merli	17,000,000
Mr Cameron Petricevic	CGP Lucrum Pty Ltd	1,000,000
Mr Bert Mondello	Indomain Enterprises Pty Ltd	7,000,000

Issue date

3/10/2025

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

55,600,000

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Achievement of market capitalisation based performance milestones.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.068000

Any other information the entity wishes to provide about the +securities to be quoted

Conversion of performance rights as approved by shareholders at the General Meeting held on 18 August 2025.

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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	1,879,453,998
VR1O : OPTION EXPIRING 11-NOV-2027	351,067,223

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
VR1AD : OPTION EXPIRING 18-AUG-2027 EX $0.03	1,000,000
VR1AC : VENDOR PERFORMANCE RIGHTS	36
VR1AA : PERFORMANCE RIGHTS	19,600,001

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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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