VECTION TECHNOLOGIES LTD — Share Issue/Capital Change 2025

May 5, 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

Tuesday May 06, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VR1	ORDINARY FULLY PAID	236,666,668	06/05/2025
VR1O	OPTION EXPIRING 11-NOV-2027	128,983,334	06/05/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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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

6/5/2025

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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 as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details: Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 29-Apr-2025 09:31 New - Proposed issue of securities - A placement or other type of issue VR1

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description VR1 : ORDINARY FULLY PAID

Issue date 6/5/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

236,666,668

Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.01500000

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

Placement to sophisticated and professional investors, details as per announcement of 29 April 2025.

ASX +security code and description VR1O : OPTION EXPIRING 11-NOV-2027

Issue date

6/5/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

118,333,334

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Free attaching on a 1:2 basis for shares subscribed for in the placement, details as per announcement of 29 April 2025.

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

0.010000

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

ASX +security code and description

VR1O : OPTION EXPIRING 11-NOV-2027

Issue date

6/5/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held For example, to enter a value of 50% please input as 50.00

Number of +securities held Number of holders 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 10,650,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Lead manager services Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.010000 Any other information the entity wishes to provide about the +securities to be quoted Partial consideration for lead manager services, details as per announcement of 29 April 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	1,767,221,887
VR1O : OPTION EXPIRING 11-NOV-2027	370,249,334
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	23,295,612

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

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