ASSET VISION CO LTD — Share Issue/Capital Change 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

ASSET VISION CO LTD

Announcement Type

New announcement

Date of this announcement

Tuesday October 28, 2025

The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2,000,000 securities being issued to Mr Luke Donnellan and Mr Peter Borden, Non-Executive Directors in line with the terms of their letter of appointment and remuneration agreement. Approved by shareholders at the AGM held on 23/10/2025;

500,000 securities being issued to Mr Lucas Murtagh and Mr Damian Smith, Co-CEOs and Executive Directors in recognition of their contributions to the Company. Approved by shareholders at the AGM held on 23/10/2025.

Total number of +securities to be quoted

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

ASSET VISION CO LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

Registration number

ACN 164718361

1.3 ASX issuer code

ASV

1.4 The announcement is

New announcement

1.5 Date of this announcement

28/10/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

2,000,000 securities being issued to Mr Luke Donnellan and Mr Peter Borden, Non-Executive Directors in line with the terms of their letter of appointment and remuneration agreement. Approved by shareholders at the AGM held on 23/10/2025;

500,000 securities being issued to Mr Lucas Murtagh and Mr Damian Smith, Co-CEOs and Executive Directors in recognition of their contributions to the Company. Approved by shareholders at the AGM held on 23/10/2025.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a +disclosure document or +PDS for the +securities to be quoted

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Appendix 2A - Application for quotation of securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class ASX +security code and description ASV : ORDINARY FULLY PAID Issue date 28/10/2025 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details

Number of +securities to be quoted 2,500,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities NIL Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.045000 Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for services rendered Please provide additional details 1,000,000 shares to Mr Luke Donnellan; 1,000,000 shares to Mr Peter Borden; 250,000 shares to Mr Lucas Murtagh and 250,000 shares to Mr Damian Smith as approved by shareholders at the AGM on 23/10/2025.

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

23/10/2025

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