VERIS LIMITED — Share Issue/Capital Change 2021

Oct 4, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

VERIS LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday October 05, 2021

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VRS	ORDINARY FULLY PAID	4,140,045	04/10/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

VERIS LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 80122958178

1.3 ASX issuer code

VRS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/10/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description VRSAA : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description

VRS : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 4,140,045

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

The terms and conditions of the 999,140 FY19 Performance Rights being exercised were included in the Appendix 3B lodged with the ASX at the date of issue (12 April 2019) and can be found at the following URL:

https://www.asx.com.au/asxpdf/20190412/pdf/4448lz7c6tzpnv.pdf

The terms and conditions of the 3,140,905 FY20 Performance Rights being exercised were included in the Appendix 3G lodged with the ASX at the date of issue (28 August 2020) and can be found at the following URL:

https://www.asx.com.au/asxpdf/20200828/pdf/44m26dl1pmwdkq.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes

Provide details of the KMP or +associates being issued +securities

Name of KMP	Name of registered holder	Number of +securities
Michael Shirley	Shirley-Cosgriff Investments Pty Ltd	323,353
Travis Young	Concept West Communications Pty Ltd	603,887

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities
Steven Harding	Webb 19 Holdings Pty Ltd Super Fund A/C>	90,943
Issue date
4/10/2021
Will the +securities to be quoted rank equally in all respects from their issue		date with the existing issued
+securities in that class?
Yes
Issue details
Number of +securities to be quoted
4,140,045
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities

Ordinary Shares issued for nil consideration on the vesting and exercise of FY19 and FY20 Performance Rights that were tested over each of the respective periods to 30 June 2021. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.067000 Any other information the entity wishes to provide about the +securities to be quoted N/a

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

Total number of ASX +security code and description +securities on issue VRS : ORDINARY FULLY PAID 522,749,464

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 VRSAA : PERFORMANCE RIGHTS 1,086,187

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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Application for quotation of +securities

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