WAY 2 VAT LTD. — Major Shareholding Notification 2026

Apr 8, 2026

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• 9 April 2026

BY ASX ONLINE - 4 pages

Market Announcements Platform ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder Way2VAT Ltd [ASX:W2V]

On 7 April 2026 Way2VAT Limited issued shares which has resulted in dilution of Thorney’s holding in W2V.

Following is a Form 604 Notice of change of interests of substantial holder dated 9 April 2026 in accordance with section 671B of the Corporations Act.

Yours sincerely,

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CRAIG SMITH AGIA, ACG, CPA Secretary

TIGA TRADING PTY LTD ABN 95 118 961 210 Level 45, 55 Collins St. Melbourne VIC 3000 Australia

Notice of change of interests of substantial holder

Form 604

Corporations Act 2001

Section 671B

To: company name/scheme WAY2VAT LIMITED

ACN 637 709 114

1. Details of substantial holder

Name ACN (if applicable) 118 961 210

TIGA TRADING PTY LTD and each of the entities listed in the attached Annexure ‘A’ to this notice.

There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

07-Apr-26 17-Dec-25 17-Dec-25

2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class ofSecurities	PreviousNotice	PreviousNotice	PresentNotice	PresentNotice
	Person’svotes	Voting power	Person’svotes	Voting power
FullyPaid OrdinaryShares	24,769,997	11.17%	24,769,998	9.55%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests of the substantial holder or an associate in voting securities of the company or scheme since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to Change	Class and number of securities affected	Person’s votes affected
16-Dec-25	TIGA Trading Pty Ltd and each of the Thorney Investment Group entities listed in Annexure ‘A’ (together ‘Thorney Investment Group’)	1 for 10 share consolidation rounding correction	$Nil	1 ordinary share	1

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4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Number and class of securities	Person’s votes
Thorney Investment Group	UBS Nominees Pty Ltd	Tiga Trading Pty Ltd	Thorney Investment Group is taken under section 608(3)(b) of the_Corporations Act_ 2001 (Cth)(theAct) to have a relevant interest as it holds all the issued capital in TigaTradingPtyLtd.	14,501,909 ordinary shares	14,501,909
		Thorney Technologies Ltd	Thorney Investment Group is taken to have a relevant interest as it has the capacity to determine the outcome of decisions about the financial and operating policies of Thorney TechnologiesLtd	10,237,636 ordinary shares	10,237,636
	iAngels Technologies, L.P.	Thistle Custodians Pty Ltd	Thorney Investment Group is taken under section 608(3)(b) of the_Corporations Act_ 2001 (Cth)(theAct) to have a relevant interest as it holds all the issued capital in Thistle CustodiansPtyLtd.	30,453 ordinary shares	30,453
Thorney Technologies Ltd	UBS Nominees Pty Ltd	Thorney Technologies Ltd	Thorney Technologies Ltd has a relevant interest under section 608(1)(b) of the_Act_ as it is the beneficial holder of those shares.	10,237,636 ordinary shares	10,237,636
Mr Alex Waislitz	UBS Nominees Pty Ltd	Tiga Trading Pty Ltd	Each of the entities listed in the adjacent column (and in Annexure ‘A’) are ‘associates’ pursuant to section 12(2)(a)(iii) of the_Act_by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the_Act_, has the capacity to determine the outcome of decisions about the financial and operating policies of each of those entities.	14,501,909 ordinary shares	14,501,909
		Thorney Technologies Ltd		10,237,636 ordinary shares	10,237,636
	iAngels Technologies, L.P.	Thistle Custodians Pty Ltd		30,453 ordinary shares	30,453

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
TigaTradingPtyLtd	Level 45, 55 Collins Street,Melbourne 3000
Thistle CustodiansPtyLtd	Level 45, 55 Collins Street,Melbourne 3000
Thorney Investment Group and each of the entities listed in Annexure ‘A’ to this notice	See Annexure ‘A’ to this notice
Thorney Technologies Ltd ACN096782 188	Level 45, 55 Collins Street, Melbourne 3000
Alex Waislitz	Level 45, 55 Collins Street,Melbourne 3000

Signature

Print name CRAIG SMITH Capacity SECRETARY Sign here Date 9 April 2026

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ANNEXURE ‘A’

This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 9 April 2026.

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….......................................................

CRAIG SMITH Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

	Entity	Address
	Thorney Investment Group
	Jamahjo Pty Ltd, ACN 117 488 696 as trustee for the Halex Family Trust	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Thistle Custodians PtyLtd,ACN 078 027 193	Level 45,55 Collins Street,Melbourne 3000
	Thistle Holdings PtyLtd,ACN 075 051 464	Level 45,55 Collins Street,Melbourne 3000
	ThorneyAlpha PtyLtd,ACN 162 820 537	Level 45,55 Collins Street,Melbourne 3000
	ThorneyBeta PtyLtd,ACN 162 828 677	Level 45,55 Collins Street,Melbourne 3000
	ThorneyHoldings ProprietaryLimited,ACN 006 262 835	Level 45,55 Collins Street,Melbourne 3000
	ThorneyInternational PtyLtd,ACN 132 886 698	Level 45,55 Collins Street,Melbourne 3000
	Thorney Investment Group Australia Pty Ltd, ACN 117 488 892	Level 45, 55 Collins Street, Melbourne 3000
	ThorneyManagement Services PtyLtd,ACN 164 880 148	Level 45,55 Collins Street,Melbourne 3000
	ThorneyOmega PtyLtd,ACN 163 964 636	Level 45,55 Collins Street,Melbourne 3000
	TIGA PropertyPtyLtd,ACN 117 811 453	Level 45,55 Collins Street,Melbourne 3000
	TIGA(Ballarat)PtyLtd,ACN 117 812 030	Level 45,55 Collins Street,Melbourne 3000
	TIGA Finance PtyLtd,ACN 118 521 412	Level 45,55 Collins Street,Melbourne 3000
	TIGA(Hawthorn)PtyLtd,ACN 126 952 663	Level 45,55 Collins Street,Melbourne 3000
	TIGA Tails PtyLtd,ACN 080 534 416	Level 45,55 Collins Street,Melbourne 3000
	TIGA TradingPtyLtd,ACN 118 961 210	Level 45,55 Collins Street,Melbourne 3000
	Other associates
	Early Force Pty Ltd, ACN 103 134 363 as trustee for the Alex Waislitz Property Investment Trust	Level 45, 55 Collins Street, Melbourne 3000
	Jasforce Pty Ltd, ACN 017 167 713 as trustee for the Alex Waislitz Retirement Plan	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	ThorneyOpportunities Ltd,ACN 080 167 264	Level 45,55 Collins Street,Melbourne 3000
	ThorneyTechnologies Ltd,ACN 096 782 188	Level 45,55 Collins Street,Melbourne 3000
	58 Jarque PtyLtd,ACN 617 756 377	Level 45,55 Collins Street,Melbourne 3000
	Two Towers Pty Ltd, ACN 134 730 546	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Urban Land Nominees Pty Ltd, ACN 004 753 066	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Coastal Estates Proprietary Limited, ACN 004 481 154	c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121
	Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612 as trustee for the Waislitz Family Foundation	Level 45, 55 Collins Street, Melbourne 3000

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