Vivid Technology : Chairman's Address and Managing Director's presentation

ASX ANNOUNCEMENT, 23rd November 2017

Mr Charles Macek (Chairman, Vivid Technology Ltd):

I would like to take this opportunity to thank you for the support over the past years. Financially, 2017 was a disappointing year. However, operationally, the company and its technologies move from strength to strength. In its maturity as a business Vivid Technology is an early stage company at its Scale Up to Growth phase. With the core focus on the Energy Efficiency business and the passive investment in NewCO2Fuels, 2017 saw the team establishing a platform for growth in 2018 and beyond as Sam will discuss in his Managing Director's presentation.

As our shareholders are aware, Vivid Technology has focused on developing long and deep relationships with large Australian and international corporations. Unfortunately, like many start-ups, this takes longer than one would like due to the size and scale of these organisations, however once proven and selected, the opportunities are large. We felt these effects during FY17 as the company moved from "Proof-of-concept" to solidifying formal relationships with groups including Coca-Cola Amatil and Honeywell, as announced in April & May of this year. We also established world-leading savings and assisted in developing Australia's first ever off-grid enabled warehouse in the Northern Territory for the Linfox group.

On our investment in NewCO2Fuels, the technology continues to be tested and going through due-diligence by some of the world's largest power / energy technology manufacturers. The results are promising, and the feedback is positive. The opportunity with Sinopec Engineering would be a major step forward. Technical due diligence has been completed and negotiations for the formalisation of a commercialisation agreement are proceeding. We have identified a global CEO and in due course, will provide more insight into how this strategy may play out.

Once again, thank you for your support. We are at an exciting stage of the evolution of Vivid Technology, with world leading and awarded technologies, blue chip customers and we are proud that we are achieving this with Australian owned, designed and manufactured products.

November 23rd 2017

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Summary information - This presentation has been prepared by Vivid Technology Limited (ACN 120 710 625) ("Vivid Technology or "Company"). This presentation contains summary information about Vivid Technology and its subsidiaries and their activities current as at the date of this presentation. The information in this presentation is a general background and does not purport to be complete. It should be read in conjunction with Vivid Technology's other periodic and continuous disclosure announcements lodged with ASX, which are available at www.asx.com.au.

Past performance - Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of Vivid Technology's views on its future financial performance or condition. Investors should note that past performance, including past share price performance, of Vivid Technology cannot be relied upon as an indicator of (and provides no guidance as to) future Vivid Technology performance including future share price performance.

Future performance - This presentation contains certain "forward-looking statements". The words "expect", "anticipate", "estimate", "intend", "believe", "guidance", "should", "could", "may", "will", "predict", "plan" and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward-looking statements, including projections, guidance on future earnings and estimates, are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. The forward- looking statements in this presentation speak only as of the date of this presentation. Subject to any continuing obligations under applicable law or any relevant ASX listing rules, Vivid Technology disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statements in this presentation to reflect any change therein. This presentation contains such statements that are subject to various risk factors. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause actual results or trends to differ materially. No representation, warranty or assurance (express or implied) is given or made in relation to any forward-looking statement by any person including Vivid Technology. In particular, no representation, warranty or assurance (express or implied) is given that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur.

Investment risk - An investment in Vivid Technology securities is subject to investment and other known and unknown risks, some of which are beyond the control of Vivid Technology, including possible delays in repayment and loss of income and principal invested. Vivid Technology does not guarantee any particular rate of return or the performance of Vivid Technology, nor does it guarantee the repayment of capital from Vivid Technology or any particular tax treatment. Persons should have regard to the risks outlined in this presentation.

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