ADVANCED BRAKING TECHNOLOGY LTD — Interim / Quarterly Report 2026

Apr 23, 2026

ABT
ADVANCED BRAKING TECHNOLOGY
73 Inspiration Drive
Wangara WA 6065
Telephone: +61 8 9302 1922
www.advancedbraking.com

ASX Announcement

24 April 2026

CORRECTION TO APPENDIX 4C

Advanced Braking Technology Ltd (ASX: ABV, “Advanced Braking, the "Company") attaches a revised Appendix 4C for the Quarter ending 31 March 2026.

There was a minor transposition error on line 1.2(e), staff costs were shown as 1,993,000 for the quarter and should have been shown as 1,933,000. The Company confirms that all other financial information was correct as presented.

Contact:

For further information, please contact:

Corporate
Andrew Booth
Managing Director
T: +61 (0) 8 9302 1922
www.advancedbraking.com

Investors
Mark Pitts
Company Secretary
T: +61 (0) 8 9302 1922
E: mark.pitts@advancedbraking.com

About Advanced Braking Technology

Advanced Braking Technology Ltd (ABT) designs, manufactures and distributes its innovative braking solutions worldwide. From its head office in Perth, Western Australia, ABT continues to develop its product portfolio for a diverse range of industries that have a strong requirement for safety and environmental responsibility, including the mining, defence, civil construction and waste management industries.

ABT's innovative braking solutions are well known for their unparalleled safety, improved productivity, zero emissions and durability in the world's harshest conditions. As its reputation has grown, demand for ABT's brakes has expanded internationally with its braking solutions being used in all seven continents across the globe.

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Rule 4.7B

Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

Name of entity

ADVANCED BRAKING TECHNOLOGY LTD
ABN	Quarter ended (“current quarter”)
66 099 107 623	31 March 2026
Consolidated statement of cash flows		Current quarter $A'000	Year to date (9 months) $A'000
1 Cash flows from operating activities
1.1 Receipts from customers		5,366	16,658
1.2 Payments for
(a) research and development		(91)	(162)
(b) product manufacturing and operating costs		(2,154)	(8,065)
(c) advertising and marketing		(32)	(75)
(d) leased assets		(8)	(103)
(e) staff costs		(1,933)	(4,624)
(f) administration and corporate costs		(530)	(2,024)
1.3 Dividends received (see note 3)		-	-
1.4 Interest received		11	37
1.5 Interest and other costs of finance		(1)	(10)
1.6 Income taxes paid		-	-
1.7 Government grants and tax incentives		28	592
1.8 Other (provide details if material)		-	-
1.9 Net cash from / (used in) operating activities		656	2,224
2 Cash flows from investing activities
2.1 Payments to acquire or for:
(a) entities
(b) businesses		-	-
(c) property, plant and equipment		(49)	(103)
(d) investments		-	-
(e) intellectual property		-	-
(f) other non-current assets		-	-
2.2 Proceeds from disposal of:		-	-
(a) entities		-	-
(b) businesses		-	-
(c) property, plant and equipment		-	-
(d) investments		-	-
(e) intellectual property		-	-
(f) other non-current assets		-	-
2.3 Cash flows from loans to other entities		-	-
2.4 Dividends received (see note 3)		-	-
2.6 Net cash from / (used in) investing activities		(49)	(103)

ASX Listing Rules Appendix 4C (17/07/20)

• See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C
Quarterly cash flow report for entities subject to Listing Rule 4.7B

3	Cash flows from financing activities
3.1	Proceeds from issues of equity securities (excluding convertible debt securities)	-	-
3.2	Proceeds from issue of convertible debt securities	-	-
3.3	Proceeds from exercise of options	-	-
3.4	Transaction costs related to issues of equity securities or convertible debt securities	-	-
3.5	Proceeds from borrowings	-	-
3.6	Repayment of borrowings	(77)	(310)
3.7	Transaction costs related to loans and borrowings	(1)	(14)
3.8	Dividends paid	-	-
3.9	Other (provide details if material)	-	-
3.1	Net cash from / (used in) financing activities	(78)	(324)
4	Net increase / (decrease) in cash and cash equivalents for the period
---	---	---	---
4.1	Cash and cash equivalents at beginning of period	4,143	2,875
4.2	Net cash from / (used in) operating activities (item 1.9 above)	656	2,224
4.3	Net cash from / (used in) investing activities (item 2.6 above)	(49)	(103)
4.4	Net cash from / (used in) financing activities (item 3.10 above)	(78)	(324)
4.5	Effect of movement in exchange rates on cash held
4.6	Cash and cash equivalents at end of period	4,672	4,672
5	Reconciliation of cash and cash equivalents	Current quarter	Previous quarter
---	---	---	---
	at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts	$A'000	$A'000
5.1	Bank balances	4,564	4,035
5.2	Call deposits	-	-
5.3	Bank overdrafts	-	-
5.4	Other (Term deposits)	108	108
5.5	Cash and cash equivalents at end of quarter (should equal item 4.6 above)	4,672	4,143
6	Payments to related parties of the entity and their associates	Current quarter $A'000
---	---	---
6.1	Aggregate amount of payments to related parties and their associates included in item 1	58
6.2	Aggregate amount of payments to related parties and their associates included in item 2	-
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.

a) Non-Executive directors fees and superannuation - $58k

ASX Listing Rules Appendix 4C (17/07/20)
+ See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

| 7. | Financing facilities
Note: the term “facility” includes all forms of financing arrangements available to the entity.
Add notes as necessary for an understanding of the sources of finance available to the entity. | Total facility amount at quarter end $A'000 | Amount drawn at quarter end $A'000 |
| --- | --- | --- | --- |
| 7.1 | Loan facilities | - | - |
| 7.2 | Credit standby arrangements | - | - |
| 7.3 | Other (Vehicle Finance) | - | - |
| 7.4 | Total financing facilities | - | - |
| 7.5 | Unused financing facilities available at quarter end | | - |
| 7.6 | Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. | | |
| 8. | Estimated cash available for future operating activities | $A'000 |
| --- | --- | --- |
| 8.1 | Net cash from / (used in) operating activities (item 1.9) | 655 |
| 8.2 | Cash and cash equivalents at quarter end (item 4.6) | 4,672 |
| 8.3 | Unused finance facilities available at quarter end (item 7.5) | - |
| 8.4 | Total available funding (item 8.2 + item 8.3) | 4,672 |
| 8.5 | Estimated quarters of funding available (item 8.4 divided by item 8.1) | n/a |
| | Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.5. | |
| 8.6 | If item 8.5 is less than 2 quarters, please provide answers to the following questions:
8.6.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? | |
| | Answer: | |
| | 8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? | |
| | Answer: | |
| | 8.6.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? | |
| | Answer: | |
| | Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered. | |

ASX Listing Rules Appendix 4C (17/07/20)

• See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

Compliance statement

1. This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
2. This statement gives a true and fair view of the matters disclosed.

Date: 24 April 2026

Authorised by: Board of Directors
(Name of body or officer authorising release – see note 4)

Notes

1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity's activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.
2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.
3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
4. If this report has been authorised for release to the market by your board of directors, you can insert here: "By the board". If it has been authorised for release to the market by a committee of your board of directors, you can insert here: "By the [name of board committee – eg Audit and Risk Committee]". If it has been authorised for release to the market by a disclosure committee, you can insert here: "By the Disclosure Committee".
5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.

ASX Listing Rules Appendix 4C (17/07/20)

• See chapter 19 of the ASX Listing Rules for defined terms.