Two two‐dimensional supramolecular Nickel(II) and Cobalt(III) complexes, [Ni(L2)2]·2CH3OH (1) and [2Co(L2)2] (2) (HL2 = 1‐(2‐{[(E)‐3‐bromo‐5‐chloro‐2‐hydroxybenzylidene]amino}phenyl)ethanone oxime), were synthesized via complexation of salts acetate with HL1 (2‐(3‐bromo‐5‐chloro‐2‐hydroxyphenyl)‐4‐methyl‐1,2‐dihydroquinazoline 3‐oxide, H is the deprotonatable hydrogen). During the reaction, the C–N bond in HL1 is converted into the C=N–OH group in HL2. The spectroscopic data of both complexes were compared with the ligand HL1. HL1 and both complexes were determined by single‐crystal X‐ray crystallography. The differently geometric features of the obtained complexes 1 and 2 are observed. In the crystal structure, 1 and 2 form an infinite 1‐D chain‐like and 2‐D supramolecular frameworks. EPR spectroscopy of 2 was investigated. Moreover, electrochemical properties and antimicrobial activities of both complexes were also studied. In addition, the calculated HOMO and LUMO energies show the character of HL1, complexes 1 and 2. The electronic transitions and spectral features of HL1 and both complexes were discussed by TD‐DFT calculations.