VINTAGE ENERGY LTD — Capital/Financing Update 2021

Dec 19, 2021

Vintage Energy Ltd 58 King William Road, Goodwood, South Australia

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(ACN 609 200

Monday, 20 December 2021

ASX Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Vintage Energy Ltd (ASX Code: VEN)

Cleansing Notice – Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Vintage Energy Ltd ACN 609 200 580 ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

On Monday, 13 December 2021, the Company announced a placement to professional and institutional investors of new fully paid ordinary shares in the Company ( Placement Shares ) to raise approximately $8,500,000 million at $0.085 per share.

The Company has today issued 100,000,000 Placement Shares to certain professional and institutional investors in accordance with the announcement on 13 December 2021.

In accordance with section 708A(5) and (6) of the Corporations Act, the following information is provided:

• (a) the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) the notice is being given under section 708A(5)(e) of the Corporations Act;

• (c) as at the date of this notice, the Company has complied with:

• (i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (ii) section 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

This notice has been authorised for release by the Board of Directors of the Company.

Yours faithfully

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Simon Gray Company Secretary Vintage Energy Ltd