VYSARN LIMITED — Capital/Financing Update 2024

Sep 18, 2024

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19 September 2024

ASX Market Announcements Officer ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

Dear Sir/Madam,

NOTICE UNDER SECTION 708(5)(e) OF THE CORPORATIONS ACT 2001 (CTH)

Vysarn Limited (ACN 124 212 175) (ASX:VYS) ( Vysarn or the Company ) advises that it has today issued 95,488,965 new fully paid ordinary shares ( New Shares ) at an issue price of $0.40 each to institutional, professional and sophisticated investors under a placement announced on 13 September 2024.

The Company hereby provides notification under section 708(5)(e) of the Corporations Act (Cth) ( Corporations Act ) of the issue of the New Shares. The Corporations Act restricts the on-sale of securities issued without disclosure unless the sale is exempt under section 708 or 708A of the Corporations Act. By the Company giving this notice ( Notice ), a sale of the New Shares will fall within the exemption in section 708A(5) of the Corporations Act and they will be able to be traded immediately.

For the purposes of section 708A(6) of the Corporations Act, the Company gives notice that:

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

• b) this Notice is being given under section 708(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. sections 674 and 674A of the Corporations Act; and

• d) as at the date of this Notice, there is no information which is 'excluded information' within the meanings of section 708A(7) and (8) of the Corporations Act.

This announcement has been authorised by the board of directors of Vysarn.

For more information:

James Clement Managing Director E: info@vysarn.com.au

Vysarn Limited | ABN: 41 124 212 175 | ACN: 124 212 175 | Level 1, 640 Murray St, West Perth, WA 6005 | T +61 (0) 8 6144 9777 | E info@vysarn.com.au | vysarn.com.au