AMAERO LTD — Capital/Financing Update 2024

Jun 3, 2024

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ASX ANNOUNCEMENT: 4 June 2024

Atomiser Commissioning Completed Ahead of Schedule

• Installation and testing of atomiser in accordance with technical specifications in Purchase Agreement have been completed and Acceptance Agreement has been duly executed.

• Amaero’s technical and manufacturing team will commence proprietary modifications of the atomisation process and optimization of the operating parameters on 3 June.

• Final commissioning of the atomiser is an important step toward C103 and specialty alloy powder production and toward the expected achievement of qualification.

Amaero International Limited (ASX:3DA) (“Amaero” or “the Company”) is pleased to announce that, further to the information provided in the Investor Presentation and Quarterly Activities Report released to ASX on 2 April and 29 April 2024 respectively, the installation and testing of the atomiser in accordance with technical specifications in the Purchase Agreement between Amaero and ALD Vacuum Technology GmbH, atomiser manufacturer, have been completed. The atomiser has achieved all technical specifications that were stipulated in the contract and acceptance has been formally acknowledged by both parties.

Hank Holland, Chairman and CEO commented:

“Amaero’s leadership team is relentlessly focused on execution. With final acceptance and commissioning of the atomiser, we have achieved a significant milestone and we have achieved the milestone ahead of schedule.”

“With installation of the atomiser and its commissioning completed, Amaero’s technical and manufacturing team will shift attention to proprietary modifications of the atomisation process and optimization of the operating parameters.”

“This is an important achievement for Amaero and an important step towards addressing gaps in the U.S. domestic supply chain. Given the importance of advancing priority hypersonic and strategic missile programs from development and demonstration phases to serial production as quickly as possible and the pressure to achieve material properties and performance criteria, additive manufacturing plays an important role. The insertion of additive manufacturing in high-temperature applications is enabled by improved resiliency, scalability and responsiveness of U.S. domestic production of C103 and specialty alloy powders. Amaero is committed to collaborating with the U.S. government, the Department of Defense, prime defence contractors and suppliers to address priority initiatives to reshore strategic industrial base capabilities.”

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This announcement has been approved by the Board of Directors.

For further information, please contact:

Amaero International Limited (ASX:3DA)

Jane Morgan Management

Hank J. Holland Jane Morgan Chairman and CEO Director hank.holland@amaeroinc.com jm@janemorganmanagement.com.au

About Amaero International Limited (ASX:3DA)

Amaero International Limited is an ASX-listed company focused on production of high-value refractory, specialty and titanium alloy powders for additive manufacturing of mission-critical components for the defence, space and aviation industries.

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

For more information

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