VERIS LIMITED — Share Issue/Capital Change 2023

Aug 29, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

VERIS LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday August 30, 2023

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	1,767,706	30/08/2023

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

30/8/2023

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

VRSAC : PERFORMANCE SHARES

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 1,767,706

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 1,767,706 FY22 Performance Shares being converted were included in the Appendix 3B lodged with the ASX at the date of issue and can be found at the following URL:

https://announcements.asx.com.au/asxpdf/20230303/pdf/45m9wghvf6xhy4.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

30/8/2023

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

1,767,706

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Ordinary shares issued for nil consideration on the vesting of FY22 Performance Shares that were converted on the basis of continued employment 12 months post release of the FY22 results.0

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.080000

Any other information the entity wishes to provide about the +securities to be quoted

N/a

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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	514,540,007

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
VRSAC : PERFORMANCE SHARES	18,943
VRSAB : PERFORMANCE RIGHTS	11,371,432

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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