XReality : Global Launch of Defence Products

For personal use only

xReality Group Limited (ASX:XRG) (xReality)

ACN 154 103 607

ASX Release

Sydney, Australia - 24 February 2022

Global Launch of Products at Defence Conference in Canberra

xReality Group Limited (ASX:XRG) (xReality) is pleased to announce the global launch of its Defence specific product line during the Military Communication and Information Systems Conference and Expo (MilCIS) in Canberra today.

MilCIS is a unique opportunity for those investing in government and military communications and information systems.

Each year, MilCIS facilitates a continuing dialogue between Department of Defence employees, contractors, industry and researchers to discuss current and developing technological capabilities, project initiatives, and operational requirements.

In addition to keynote presentations, technical presentations, panel discussions and tutorials, MilCIS features an exposition that provides an opportunity for exhibitors to demonstrate new technologies and promote their products and services to attendees.

MilCIS is the only Australian conference that focuses strategically on the crucial technologies, products, systems and services associated with military communications and information systems.

XRG will use the conference to launch it's Defence specific, Virtual Reality Training, Planning and Mission Rehearsal Systems.

The Presentation and demonstrations will disclose the overview of the "Operator" systems and include detail on the following 3 products;

• OP-1VR Tactical Trainer
• After Action Review System
• OP-1Mission Rehearsal System

Operator is a safe and agile state-of-the-art tactical training system that uses standard issued weapons in a virtual reality environment.

Military, law enforcement, other government agencies and armed personnel are routinely required to carry firearms with the potential to use lethal force. This requires regular training to maintain firing accuracy and tactical awareness. Yet training with live ammunition is costly, time consuming, and burdened by space and regulatory constraints.

Past virtual reality technologies have failed in tactical training and mission planning. Systems were too complex, immobile, and lacked integration with the users' own equipment.

Operator Tactical Solutions was created to address these challenges and realise the

benefits of immersive technology combined with real world operational experience. By reimagining

xReality Group Limited: ACN 154 103 607

123 Mulgoa Road, Penrith, NSW 2750 | Australia

xrgroup.com.au

For personal use only

virtual reality in the combat environment, Operator maximises training opportunities in a low risk and realistic manner.

VR TACTICAL TRAINER

The VR Tactical Trainer (VRTT) allows personnel to train close quarter battle (CQB) tactics and techniques in any location.

Whether in transit on board ships, stationed in forward operating bases, or any other areas without appropriate facilities, VRTT uses free roam tracking technologies developed in house by Operator, which can be used securely, anywhere in the world.

Using proprietary technology developed by Operator, the VRTT integrates with soldiers' real weapons and equipment. The VRTT is completely mobile and allows setup in minutes in any location.

Key features include;

• Train CQB drills in any location
• Teams train in the same physical and virtual space
• Opposed mode allows near pear combat training
• Setup in minutes
• Design any room layouts
• Train using your own live weapons with V Bolt™
• System is secure and offline

AFTER ACTION REVIEW SYSTEM

Debrief drills and tactics from any point of view: top down, friendly unfriendly, or any third person view Analyse participants field of view, weapon angles, eye movement and more.

MISSION REHEARSAL SYSTEM

The Mission Rehearsal System (MRS) focuses on operational planning and mission rehearsal. The MRS uses in house tools and third party data to simulate real world targets and environments, positive identification and specific threat integration, and Command, Control & Communications (C3) planning and rehearsals. This allows rapid development of targets with live inputs to cater for time sensitive, detailed planning and rehearsals for operational environments.

The MRS system is currently in development and utilises the same technology platforms as the OP-1 Tactical Trainer.

For more information in MilCIS www.milcis.com.au

Presentation to be delivered attached below.

xReality Group Limited: ACN 154 103 607

123 Mulgoa Road, Penrith, NSW 2750 | Australia

xrgroup.com.au

xReality Group Limited: ACN 154 103 607

123 Mulgoa Road, Penrith, NSW 2750 | Australia

xrgroup.com.au

ersonal use only

PART ONE

A quick background to xReality Group The OP-1 Virtual Reality System Virtual Reality Tactical Trainer Mission Rehearsal System

PART TWO

Hands on demonstrations