AMAERO LTD — Capital/Financing Update 2022

Mar 14, 2022

ASX:3DA

15 March 2022

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ASX Release

Amaero To Evaluate Strategic Alternatives

Key highlights:

• Amaero has engaged Guggenheim Securities to assist in the evaluation of strategic alternatives.

• Amaero will continue operations and research activities in Australia.

• The titanium powder plant project is on track with further expansion planned for 2023.

• Amaero will host an investor webinar at 11.00am (AEDT) on Thursday, 17 March 2022.

Amaero International Limited (“ Amaero ”), (the “ Company ”) ( ASX:3DA ), a leader in metal additive manufacturing has commenced an evaluation of strategic alternatives and has engaged global investment and advisory firm Guggenheim Securities, LLC (“Guggenheim Securities”) to assist it in this process.

Rationale for evaluation of strategic alternatives

The goal of the strategic evaluation process commenced by Amaero’s Board of Directors is to ensure the Company is taking every step possible to maximize value for shareholders.

Amaero International Limited Chair, David Hanna commented: “This is a very significant step for Amaero and we are delighted to be working with Guggenheim Securities to review a broad range of strategic alternatives to enhance shareholder value. The Board and management believe that the Company’s growth prospects remain incredibly strong in the rapidly evolving 3D/Additive Manufacturing market.”

Amaero will continue operations and research activities in Australia. Importantly, construction of its titanium powder plant in Victoria, Australia remains on track with further expansion planned for 2023.

As Amaero continues its review of strategic alternatives, the timeline and ultimate outcome of the process are uncertain. There can be no assurance that the exploration of strategic alternatives will result in any transaction. Amaero has neither set a timetable for completion of this review process nor made any decisions related to strategic alternatives at this time.

Shareholders do not need to take any action at this stage.

Investor Briefing

Executive Director, Stuart Douglas, will host a webinar for investors at 11.00am (AEDT) on Thursday, 17 March 2022.

To pre-register for the webinar please use this link: https://us02web.zoom.us/webinar/register/WN_B7eDisCrR7ioc7Yb1FnORg

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Amaero International Limited (ABN: 82 633 541 634) 11-13 Normanby Road, Notting Hill, VIC, 3168, Australia T: +61 3 9905 9847 info@amaero.com.au www.amaero.com.au

ASX:3DA

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After registering, you will receive a confirmation email containing information about joining the webinar.

This ASX release is approved by the Board of Amaero International Limited.

For further information, please contact:

Corporate: Barrie Finnin CEO Amaero International Limited info@amaero.com.au

Investors: Gabriella Hold Market Eye +61 (0) 411 364 382 gabriella.hold@marketeye.com.au

Media:

Jane Storey Amaero International Limited +61 408 327 030 jane.storey@amaero.com.au

Defence and aerospace trade media: Zack McLennan Lunik +61 (0) 434 996 461 zmclennan@lunik.com.au

About Amaero International Limited:

Amaero International Limited is an Australian based company that manufactures large format complex components in metal with laser-based additive manufacturing processes, commonly known as 3D printing.

The principal activity of Amaero is the provision of end-to-end additive manufacturing solutions in terms of materials, services, equipment, and technology to its key clients in the Aviation Defence and Space sectors and the Tool and Die industry.

Amaero has worked with many of the world’s leading manufacturers of aerospace and defence products in both an R&D and manufacturing capability and has a demonstrated ability to deliver aviation and military specification 3D printed alloy critical operation components.

Amaero was established with the support of Monash University in 2013 to take advantage of commercial opportunities identified by the Monash Centre for Additive Manufacturing (MCAM). Amaero is co-located with MCAM in Melbourne Australia. It operates two additional facilities, in Adelaide, South Australia, and Los Angeles, California, USA.

For further information, please visit: https://www.amaero.com.au/

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Amaero International Limited (ABN: 82 633 541 634) 11-13 Normanby Road, Notting Hill, VIC, 3168, Australia T: +61 3 9905 9847 info@amaero.com.au www.amaero.com.au