ADALTA LIMITED — Capital/Financing Update 2025

Sep 15, 2025

==> picture [241 x 74] intentionally omitted <==

16 September 2025

Melissa Kostopoulos Adviser, Listings Compliance (Melbourne) ASX Compliance Pty Ltd Level 4, Rialto North Tower 525 Collins Street Melbourne VIC 3000

By Email: melissa.kostopoulos@asx.com.au

Dear Melissa

Cleansing Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

AdAlta Limited ACN 120 332 925 ( AdAlta or Company ), (ASX code: 1AD ) advises that it has today completed the issue of 138,888,889 fully paid ordinary shares in the capital of the Company ( Shares ).

As announced in the Appendix 2A released today the shares have been issued for the part payment of outstanding aggregate subscription amount to NLSC, LLC as part of the Company’s funding arrangements. The issue price per share is $0.0018.

In accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) the Company advises that:

• (a) the issued shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) this notice is being given under 708A(5)(e) of the Corporations Act;

• (c) as at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • (ii) sections 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act.

Yours sincerely,

Cameron Jones Company Secretary AdAlta Limited

==> picture [596 x 30] intentionally omitted <==

AdAlta Limited (ASX:1AD) Suite 201, 697 Burke Road, Camberwell VIC 3124 Australia ABN: 92 120 332 925 www.adalta.com.au

1