Vivid Technology : Appendix 3B - SPP

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Vivid Technology Ltd

ABN 60 120 710 625

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

• 1 +Class of +securities issued or to be issued

  Fully Paid Ordinary Shares

• 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

  6,990,004 Ordinary Shares

• 3 Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

Fully Paid Ordinary Shares

• 4 Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

  If the additional +securities do not rank equally, please state:

  • • the date from which they do

  • • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

  • • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

• 5 Issue price or consideration

  Yes the Fully Paid Ordinary Shares Issued Rank Equally with Existing Fully Paid Ordinary Shares on Issue.

  $0.03 per Ordinary Share

• 6 Purpose of the issue

  (If issued as consideration for the acquisition of assets, clearly identify those assets)

  To fund the Company's working capital other general corporate purposes. For further details, refer to the ASX announcement dated 18 December 2018

• 6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

  If Yes, complete sections 6b - 6h

  in relation to the +securities the

  subject of this Appendix 3B, and

  comply with section 6i

• 6b The date the security holder resolution under rule 7.1A was passed

  N/A

  N/A

• 6c Number of +securities issued without security holder approval under rule 7.1

  6,990,004

• 6d Number of +securities issued with security holder approval under rule 7.1A

  Nil

• 6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

Nil

• 6f Number of +securities issued under an exception in rule 7.2

  Nil

• 6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.

  N/A

• 6h If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

  N/A

• 6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

  81,687,272 (under rule 7.1) 54,458,182 (under rule 7.1A) 136,145,454 (total)

• 7 +Issue dates

  Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

  Cross reference: item 33 of Appendix 3B.

8	Number and +class of	all
+securities quoted on	ASX
(including the +securities	in
section 2 if applicable)
9

Number and +class of all +securities not quoted on ASX (including the +securities in section 2 if applicable)

13 February 2019

Number	+Class
544,581,815	Ordinary Shares

Number	+Class
350,000 500,000 500,000 1,500,000	Options exercisable at 12.5 cents each expiring on 31 March 2019 Options exercisable at 15 cents each expiring on 30 June 2019 Options exercisable at 20 cents each expiring on 30 June 2019 Options exercisable at 12.5 cents each expiring

on 1 July 2019

7,500,000

Options exercisable at 12.5 cents each expiring on 12 December 2019

5,550,000

Options exercisable at 12.5 cents each expiring on 1 February 2020

3,000,000

Options exercisable at 6.5 cents each expiring on 30 June 2020

472,000

Options exercisable at 12.5 cents each expiring on 28 July 2020

3,000,000

Options exercisable at 7.5 cents each expiring on 30 June 2021

3,000,000

Options exercisable at 10 cents each expiring on 30 June 2021

N/A

Convertible loan (refer to ASX announcement dated 31 July 2018)

N/A

Convertible loan (refer to ASX announcement dated 27 September 2018)

10

Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Part 2 - Pro rata issue

• 11 Is security required?

  The company does not presently have a dividend policy

  holderapproval N/A

• 12 Is the issue renounceable or non-renounceable?

  N/A

• 13 Ratio in which the +securities will be offered

  N/A

• 14 +Class of +securities to which the offer relates

N/A

• 15 +Record date entitlementstodetermine N/A

• 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?

  N/A

• 17 Policy for deciding entitlements in relation to fractions

  N/A

• 18 Names of countries in which the entity has security holders who will not be sent new offer documents

  Note: Security holders must be told how their

  entitlements are to be dealt with.

  Cross reference: rule 7.7.

• 19 Closing date for receipt acceptances or renunciations

N/Aof N/A