Vection Technologies Limited announced significant changes to its Board of Directors, strengthening its leadership, strategic and governance capabilities while also positioning the Company for continued growth and enhanced shareholder value. Appointment of Marco Landi as Independent Non-Executive Chair: Mr. Marco Landi, former worldwide President of Apple Computer, was responsible for operations, marketing, and sales at Apple's Cupertino headquarters. He played a pivotal role in the Apple management team that brought Steve Jobs back after an 11-year absence.

Before joining Apple, Mr. Landi spent 20 years at Texas Instruments, leading sales across EMEA and Asia. He is currently the director of the Europia Institute, an association that promotes ethical AI and emerging technologies. Mr. Landi's proven track record of revitalising high-profile technology firms bolsters Vection's strategic direction and global reputation in the AI and XR sectors.

Appointment of Cameron Petricevic as Independent Non-Executive Director: Mr. Cameron Petricevic has over 20 years' experience in the financial industry, an experienced executive and Board member of both private and public companies. He has held previous roles at Acorn Capital and as a Partner at Kentgrove Capital and is a qualified Actuary (AIAA) and a graduate of the Australian Institute of Company Directors (GAICD). He is currently a Director/Founder at Lucrum Ventures Pty Ltd, a Non-Executive Director and Company Secretary of RocketBoots Ltd. and the Chair of Butn Ltd. Mr. Petricevic's background in mergers and acquisitions, valuations, capital markets and in growing early-stage companies equips Vection with critical insight to maximise shareholder value and accelerate the Company's growth.

Mr. Gianmarco Orgnoni will also step down from the Board. Vection will continue to optimise its operations and corporate structure for growth. The Board also continues to review its function and skill capabilities, expecting further enhancements to ensure that Vection is adequately equipped for its next phase of growth in a range of geographies and sectors.