VERIS LIMITED — Capital/Financing Update 2016

May 1, 2016

T (61 8) 9317 0600 A Level 12, 3 Hasler Road | P Locked Bag 9 Osborne Park BC WA 6017, Australia

W www.otoc.com.au

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ASX/MEDIA RELEASE - OTC

2 May 2016

OTOC COMPLETES LINKER ACQUISITION

Further to the announcement of 29 March 2016, OTOC is pleased to announce it has completed the acquisition of Linker Surveying Pty Ltd ( “Linker” ), one of Sydney’s most respected land surveying firms (“ the Acquisition” ).

The Acquisition provides OTOC with an exposure to a buoyant Sydney residential market and consolidates OTOC’s national footprint consistent with OTOC’s strategy to develop a national premium surveying and town planning business.

Established in 1966, Linker’s origins in traditional cadastral surveying have evolved into innovative strata and land titling solutions. Linker has completed a number of flagship residential and commercial developments in Sydney and has a blue-chip client base including Lend Lease, Billbergia, Frasers Property and Mirvac.

The up-front purchase price for the Acquisition is $3 million in cash and $0.4 million in new fully paid ordinary shares in OTOC[1] . The cash and share consideration has today been issued to the vendors of Linker.

Commenting on the Acquisition, OTOC CEO Simon Thomas said:

“The Acquisition furthers our key strategic goal of establishing a presence in the Sydney land surveying market and further developing our national footprint.

“Linker is a quality surveying business with an excellent reputation, strong track record and sound client base in its chosen markets. I am pleased to welcome the principals and staff of Linker, and I look forward to partnering with them.”

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About OTOC

OTOC offers surveying, planning and design services throughout Australasia. A leading provider of professional consulting and innovative spatial solutions, OTOC delivers quality service to clients across a range of industry sectors.

OTOC Australia, OTOC’s Infrastructure division provides infrastructure construction and maintenance services to clients covering renewable energy, government, resources, utilities and remote areas.

For further information please contact

Corporate Office OTOC Limited Tel (08) 9317 0628

1 2.2m OTOC shares issued at 30-day VWAP prior to the announcement of the acquisition on 29 March 20106 of $0.18. Shares are subject to a voluntary escrow period of 24 months.

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