VECTION TECHNOLOGIES LTD — Share Issue/Capital Change 2025

Jan 16, 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

Friday January 17, 2025

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
New class - code	Vendor Performance Rights	36	16/01/2025
to be confirmed

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

17/1/2025

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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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
29-Aug-2024 09:59	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 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 16/1/2025

Any other information the entity wishes to provide about the +securities the subject of this notification Performance rights as approved by shareholders. Full terms disclosed in Notice of Meeting announced 23 September 2024.

Issue details

Number of +securities 36 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as part of the consideration for the acquisition of TDB

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

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Part 3C - number and type of +securities the subject of this notification (new class)

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ASX +security code +Security description
New class - code to be confirmed Vendor Performance Rights
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
16/1/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02855968-6A1226643
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Any other information the entity wishes to provide about the +securities the subject of this notification

18 Class "A" and 18 Class "B" Performance Rights each with an expiry 18 months from date of issue. Rights convert into up to a combined total of 51.56M fully paid ordinary VR1 shares subject to achievement of milestones (detailed in the respective Notice of Meeting).

Issue details

Number of +securities

18

Number of +securities

18

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

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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	1,350,480,845
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
New class - code to be confirmed : Vendor Performance Rights	36

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