Ann: Weebit Nano Share Purchase Plan Booklet, page-7

Dear Shareholder
On behalf of the Board of Weebit Nano Ltd (Weebit Nano or WBT), I am pleased to offer you the opportunity to participate in the WBT Share Purchase Plan (SPP). The SPP provides you with the ability to
subscribe for up to A$15,000 worth of new ordinary shares in WBT (New Shares) without incurring brokerage or any other transaction costs. The SPP aims to raise A$1 million and is not underwritten. WBT
may determine to raise a higher amount or decide to scale back applications under the SPP at its absolute
discretion. WBT is continuing to make progress with the development of our Silicon Oxide Resistive RAM memory technology (SiOx ReRAM). We aim to have an embedded-process readiness product by the end of the 2019 calendar year that can be transferred to a production fab. The funds being raised via the previously announced Placement and the SPP will facilitate WBT taking its technology to the next stage of productisation, including scaling down to 28nm. In conjunction with preparing our technology for production, we will be focussing on further progressing our talks with potential partners, at many levels, with the main goal of finding an early adopter who will engage with us to develop the technology together to meet their specific needs. We recently announced the
important step of packaging of our first memory chips, so we are now in a position to ship our technology to
potential partners for detailed evaluation.
We remain excited about the potential for WBT's technology, and in particular, about the significant need for a new memory solution in today's market.