WEEBIT NANO LTD — Director's Dealing 2022

Dec 27, 2022

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Appendix 3Y – Change of Director’s Interest Notice

28 December 2022 – In accordance with ASX Listing Rule 3.19A.2, please see attached an Appendix 3Y – Change of Director’s Interest Notice for a Weebit Nano Limited Director.

ENDS -

This announcement has been authorised for release by the Company Secretary of Weebit Nano Limited.

For further information please contact:

Investors

Eric Kuret, Automic Markets P: +61 417 311 335

E: eric.kuret@automicgroup.com.au

Media – Australia

Tristan Everett, Automic Markets P: +61 403 789 096 E: tristan.everett@automicgroup.com.au

Media – US

Jen Bernier-Santarini, Weebit Nano P: +1 650-336-4222 E: jen@weebit-nano.com

About Weebit Nano Limited

Weebit Nano Ltd. is a leading developer of next-generation semiconductor memory technology. The company’s ground-breaking Resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit’s ReRAM allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing Flash memory solutions. As it is based on fab-friendly materials, the technology can be quickly and easily integrated with existing flows and processes, without the need for special equipment or large investments. See www.weebitnano.com and follow us on https://twitter.com/WeebitNano.

Weebit Nano and the Weebit Nano logo are trademarks or registered trademarks of Weebit Nano Ltd. in the United States and other countries. Other company, product, and service names may be trademarks or service marks of others.

330 Collins St., Melbourne VIC 3000, Australia Office: +61-3-8689 9997 info@weebit-nano.com | www.weebit-nano.com

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity WEEBIT NANO LIMITED

ABN 31 146 455 576

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	YOAV NISSAN-COHEN
Date of last notice	15 December 2022

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nicohy Ltd – Mr Nissan-Cohen is a Director and has a beneficial interest IBI Trust Management as trustee for Mr Nissan-Cohen
Date of change	21 December 2022 and 22 December 2022
No. of securities held prior to change	Direct 930,000 Unlisted Options 80,000 Performance Rights Indirect 160,000 Unlisted Options 80,000 Performance Rights
Class	Performance Rights and Unlisted Options
Number acquired	200,000 Ordinary Shares
Number disposed	80,000 Performance Rights 120,000 Unlisted Options

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration for the conversion of Performance Rights into Ordinary Shares. $0.54 per Unlisted Option being converted into Ordinary Shares.
No. of securities held after change	Direct 200,000 Ordinary Shares 810,000 Unlisted Options 80,000 Performance Rights Indirect 160,000 Unlisted Options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of Performance Rights and Unlisted Options into Ordinary Shares.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3