Vection Technologies: Securities listing application – VR1

Name of entity

VECTION TECHNOLOGIES LTD.

Type of news

New Listing

Date of this announcement

Tuesday, November 16, 2021

The + securities to be listed are:

+ Securities issued, transferred or reclassified following the exercise of options or other + convertible securities being converted

Total number of + securities to be listed

See the next page for details on the announcement

1.1 Entity name

VECTION TECHNOLOGIES LTD.

We (the entity named above) request + a listing of the following + securities and accept the questions set out in Appendix 2A of the ASX Listing Rules.

1. The announcement is New Listing
2. Date of this announcement

11/16/2021

2.1 The + securities to be listed are:

+ Securities issued, transferred or reclassified following the exercise of options or other + convertible securities being converted

2.2 The + securities to be listed are:

Additional + titles in a class already listed on the ASX (“existing class”)

+ existing titles converted to + additional titles in an existing class

DE (existing class)

ASX + security code and description

VR1AB: OPTION EXPIRING 09-OCT-2023 EX $ 0.112

To (existing class)

ASX + security code and description

VR1: ORDINARY FULLY PAID

Please indicate the number of options that have been exercised or other + convertible securities that have been converted

8,493,548

The first date on which the options were exercised or the other convertible + securities were converted

11/16/2021

The last date of exercise of options or conversion of other + convertible securities

11/16/2021

Are these all options or other convertible securities issued on issue of this type (i.e. have all these options been exercised or have all these convertible securities now been converted)?

No

The right of the holder of options or other convertible + securities to receive the + underlying securities is satisfied by:

A reclassification of + convertible securities into securities of the same class as the + underlying securities

The underlying securities received by the holder are:

Intended to be, but not yet, cited by ASX

Have the options been exercised or have other convertible securities been converted as part of an employee profit-sharing plan?

No

Date of issue

11/16/2021

Will the + securities to be listed rank in all respects from their date of issue as the + existing securities issued in this category?

Yes

Are + securities issued for cash consideration?

Yes

In what currency is the cash consideration paid? What is the issue price per + security?

Any other information that the entity wishes to provide on the + securities to be listed