ADALTA LIMITED — Capital/Financing Update 2026

Jan 29, 2026

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

30 January 2026

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 ordinary shares and options as outlined below

• 240,000,000 fully paid ordinary shares with an issue price per share of $0.005 per share to sophisticated investor under a private placement which was announced to the ASX on 13 January 2026;

• 120,000,000 attaching options expiring 3 June 2028 with an exercise price of $0.01 expiring 3 June 2028 (ASX:1ADO); and

• 14,400,000 fully paid ordinary shares issued to the Lead Manager as announced to the ASX on 13 January 2026.

• 82,200,000 options expiring 3 June 2028 with an exercise price of $0.01 expiring 3 June 2028 (ASX:1ADO) issued to the Lead Manager as announced to the ASX on 13 January 2026.

Appendix 2A’s applying for quotation of the shares and options have been lodged separately.

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 and 674A 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,

==> picture [101 x 42] intentionally omitted <==

Cameron Jones Company Secretary AdAlta Limited

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

AdAlta Limited (ASX:1AD) Level 1 - Suite 1, 117 Camberwell Road, Hawthorn East VIC 3123 Australia ABN: 92 120 332 925 www.adalta.com.au

1