VECTION TECHNOLOGIES LTD — Share Issue/Capital Change 2025

Aug 18, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

VECTION TECHNOLOGIES LTD

Date of this announcement

Monday August 18, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
VR1AA	PERFORMANCE RIGHTS	75,200,000	18/08/2025

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

VECTION TECHNOLOGIES LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

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

18/8/2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

VR1AA : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

18/8/2025

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities 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	Mr Gianmarco Biagi	24,000,000
Mr Lorenzo Biagi	Mr Lorenzo Biagi	19,200,000
Mr Jacopo Merli	Mr Jacopo Merli	24,000,000
Mr Cameron Petricevic	Mr Cameron Petricevic	1,000,000
Mr Bert Mondello	Mr Bert Mondello	7,000,000

Please provide 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=4a466cc3f89 9e00730cfbfcd5ab8940c41f474b6

Any other information the entity wishes to provide about the +securities the subject of this notification

Performance rights as approved by shareholders at the 2025 EGM, Classes A,B & C with VWAP-related milestones (refer Schedule 3 of the EGM Notice) in 3 equal tranches and Classes D,E,F & G with audited EBITDA targets ¿ expiry for all, 5 years from date of issue.

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

18,533,334

Number of +securities 18,533,333

Number of +securities 18,533,333

Number of +securities 4,900,000

Number of +securities 4,900,000

Number of +securities 4,900,000

Number of +securities 4,900,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
VR1 : ORDINARY FULLY PAID	1,769,421,887
VR1O : OPTION EXPIRING 11-NOV-2027	368,049,334

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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
VR1AC : VENDOR PERFORMANCE RIGHTS	36
VR1AA : PERFORMANCE RIGHTS	75,200,001

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

18/8/2025

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