VEEM LTD — AGM Information 2024

Sep 23, 2024

ASX RELEASE 24 September 2024

DATE OF AGM AND FACILITY TOUR AND

CLOSING DATE FOR DIRECTOR NOMINATIONS

VEEM Limited (ASX: VEE) (‘VEEM’ or ‘the Company’), a designer and manufacturer of disruptive, high-technology marine propulsion and stabilisation systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries, advises in accordance with ASX Listing Rule 3.13.1 that the Annual General Meeting (AGM) of the Company will be held at 3pm AWST on Thursday 14 November 2024.

In accordance with the Company’s Constitution, the closing date for the receipt of nominations for the election of Directors is 3 October 2024. Any nominations must be received no later than 5.00pm (AWST) on 3 October 2024 at the Company’s Registered Office.

Facility Tour

Shareholders and guests are invited to attend a tour of VEEM’s main manufacturing facility at 22 Baile Rd, Canning Vale WA at 2pm, an hour before the meeting on 14 November 2024. Parking is available at 22 Baile Rd and shareholders will have time to drive the 2km to the location of the meeting at 1 Brewer Rd, Canning Vale WA before 3pm.

Shareholders and guests are also invited to stay after the meeting for a tour of the VEEM gyrostabiliser facility with the Directors and management. Refreshments will be provided.

Please register for the tour of facilities using the link below:

• https://veem.com.au/veem registration/

This ASX announcement was authorised for release by VEEM Managing Director, Mark Miocevich.

Further information:

VEEM Managing Director Head of Corporate IR Consultant, Lancaster Grove Capital Mark Miocevich Development & Company Jonas Fitzgerald +61 8 9455 9355 Secretary +61 (0) 427 104 488 David Rich +61 8 9455 9355 Jonas.fitzgerald@lgcapital.com.au

VEEM LIMITED P.O.Box 1542, ABN 51 008 944 009 Canning Vale, ASX: VEE Western Australia 6970

veem.com.au

ASX RELEASE 24 September 2024

ABOUT VEEM LIMITED (ASX: VEE)

VEEM Ltd is a designer and manufacturer of disruptive, high-technology marine propulsion and stabilisation systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries. VEEM’s market leading Gyrostabilisers significantly reduce the rolling motion of vessels in waves, increasing on-sea time and improving personnel safety and efficiency in a wide range of ocean conditions.

VEEM is also a successful producer of high-performance propellers, fin systems and specialised components delivering consistent profits, cash flow and dividends while also reinvesting in research and development for new products and processes.

Proudly headquartered in Perth, Western Australia, VEEM operates from a 14,700 sqm purpose-built fabrication and manufacturing facility, including Australia’s largest non-ferrous foundry. VEEM employs approximately 215 staff in Australia, including graduates and apprentices, and maintains a highly skilled research and development team in-house. Celebrating its 50th anniversary in business in 2018, VEEM listed on the Australian Securities Exchange in 2016. www.veem.com.au

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• linkedin.com/company/veem ltd/ twitter.com/VEEM_Ltd

VEEM LIMITED ASX: VEE

Canning Vale, veem.com.au Western Australia 6970