VEEM LTD — Investor Presentation 2020

Nov 2, 2020

ASX MEDIA RELEASE 02 NOVEMBER 2020

VEEM TO PRESENT AT VIRTUAL CONFERENCE

VEEM Limited (ASX: VEE) (‘VEEM’ or ‘the Company’), a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries, is pleased to announce it will present at the NWR Investor Conference to be held on Friday 6 November.

The Company invites shareholders and investors to see Mark Miocevich (Managing Director) present an update, at 12:00pm AEDT on 6 November.

Event: NWR Communications Investor Virtual Conference Presenting: Mark Miocevich (Managing Director) Time: Friday 6 November, 12:00pm AEDT for 30 minutes

Investors are invited to submit questions prior to the event to: simon@nwrcommunications.com.au.

Investors can register online to view the presentation here:

https://us02web.zoom.us/webinar/register/WN_qTP5Z3dSTUGx82wmgeJB6A

For more information on the conference click here

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

Further information:

VEEM Managing Director CFO & Company Secretary Mark Miocevich David Rich +61 8 9455 9355 +61 8 9455 9355

Investor Relations Simon Hinsley +61 401 809 653 simon@nwrcommunications.com.au

ABOUT VEEM LIMITED (ASX: VEE)

VEEM Ltd is a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries. VEEM’s market leading Gyrostabilizers 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 14,700sqm purpose-built fabrication and manufacturing facility, including Australia’s largest non-ferrous foundry. VEEM employs approximately 180 staff in Australia, including graduates and apprentices, and maintains a highly skilled research and development team in-house. Celebrating its50th anniversary in business in 2018, VEEM listed on the Australian Securities Exchange in 2016. www.veem.com.au

VEEM LIMITED ASX: VEE

CanningVale,

veem.com.au

ASX MEDIA RELEASE

02 NOVEMBER 2020

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VEEM LIMITED ASX: VEE

CanningVale,

veem.com.au