VECTUS BIOSYSTEMS LIMITED — Director's Dealing 2023

Dec 5, 2023

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Vectus Biosystems Limited (ASX:VBS) ABN 54 117 526 137

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Karen Annette Duggan
Date of last notice	21 January 2020

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Ajjika Technology Pty Limited Karen Annette Duggan is the sole shareholder of the trustee, Ajjika Technology Pty Limited, and she is the beneficiary of the trust i.e. The Ajjika A/C.
Date of change	4 December 2023
No. of securities held prior to change	78,500 fully paid ordinary shares held in the name of Karen Duggan. 3,200,000 fully paid ordinary shares held in the name of Ajjika Technology Pty Limited
Class	Fully paid ordinary shares
Number acquired	19,842
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	The shares were issued for nil cash consideration, in satisfaction of Vectus' obligation to pay Karen Duggan’s bonus under her employment contract for the year ended 31 December 2022.
No. of securities held after change	98,342 fully paid ordinary shares held in the name of Karen Duggan. 3,200,000 fully paid ordinary shares held in the name of Ajjika Technology Pty Limited
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The shares were issued to Karen Duggan for her services as Chief Executive Officer and Executive Director, following shareholder approval at Vectus’ 22 November 2023 Annual General Meeting.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written clearance was required?

No

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011