WEEBIT NANO LTD — Capital/Financing Update 2020

Jun 8, 2020

Market Announcement

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9 June 2020

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Weebit Nano Limited (ASX: WBT) – Trading Halt (2+2)

Description

The securities of Weebit Nano Limited (‘WBT’) will be placed in trading halt at the request of WBT, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 15 June 2020 or when the announcement is released to the market.

Issued by

Dean Litis

Principal Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

9 June 2020 ASX Limited

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By email: dean.litis@asx.com.au

Dean Litis Principal Adviser, Listings Compliance ASX Compliance Pty Limited Level 4 North Tower, Rialto 525 Collins Street Melbourne VIC 3000

9 June 2020

Dear Mr Litis,

REQUEST FOR TRADING HALT: WEEBIT NANO LIMITED (ASX: WBT)

Weebit Nano Limited ( WBT ) requests a trading halt in respect of its fully paid ordinary shares ( ASX: WBT ) pursuant to Listing Rule 17.1 with immediate effect.

For the purposes of Listing Rule 17.1, and in support of its request, WBT advises that:

• (a) The trading halt is necessary as WBT expects to make an announcement to the ASX in connection with a capital raising by way of a placement advised by CPS Capital Group Pty Ltd;

• (b) WBT requests “back-to-back” trading halts of up to four consecutive days for the purpose of considering, planning and executing the placement which will remain in place until the commencement of trading on Monday 15 June 2020, unless, before that time, WBT makes an announcement to the market in relation to completion of the placement or requests that the trading halt be lifted; and

• (c) WBT is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market in relation to the trading halt.

Should you require any further information, please do not hesitate to contact me.

Yours sincerely

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Mark Licciardo Company Secretary

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Contact Office: +972-9-7797832 info@weebit-nano.com www.weebit-nano.com