AML3D LIMITED — Capital/Financing Update 2020

Oct 28, 2020

ASX Release 29 October 2020

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ASX CODE: AL3

CAPITAL STRUCTURE

Share Price $0.465 Shares on Issue 149m Market Capitalisation $69m (as at 29/10/20)

MAJOR SHAREHOLDERS

AML3D’S WAM® TECHNOLOGY IDENTIFIED AS POTENTIAL PLATFORM FOR USE IN NAVAL SHIPBUILDING ENDEAVOUR

Andrew Sales 26.5% Perennial Value Mgmt 6.8%

HIGHLIGHTS

BOARD & MANAGEMENT

Stephen Gerlach AM Non-Executive Chairman

Andrew Sales Managing Director

Sean Ebert Executive Director

Kevin Reid Non-Executive Director

• ASC Shipbuilding, a subsidiary of BAE Systems Australia is contracted by the Department of Defence to design and build nine Hunter class frigates for the Royal Australian Navy

• ASC Shipbuilding has identified AML3D’s WAM® as a technology with the potential to participate in its shipbuilding activities

• A commercial evaluation program for Additive Manufacturing initiated by ASC Shipbuilding will test parts manufactured using AML’s proprietary WAM® process

Len Piro Non-Executive Director

Christine Manuel Company Secretary

CONTACT

T: +61 8 8258 2658 E: investor@aml3d.com W: www.aml3d.com

• A: 35 Woomera Avenue Edinburgh SA 5111

• P: PO BOX 4101 Tranmere SA 5073

AML3D Limited (ASX: AL3) (“ AML3D ” or “ the Company ”) is pleased to announce the commencement of a Manufacturing Evaluation Program with ASC Shipbuilding, a subsidiary of BAE Systems Australia.

In December 2018, ASC Shipbuilding was awarded the contract to design and build nine Hunter class frigates for the Royal Australian Navy. To drive innovation, ASC Shipbuilding is focused on unearthing new technologies that maximise the costeffectiveness of local manufacturing, while minimising lead-times for ship sustainment within Australia. Through this endeavour, ASC Shipbuilding has identified AML3D’s Wire Additive Manufacturing (“ WAM® ”) technology as a potential platform that could deliver such efficiencies and will undertake commercial evaluation and testing of WAM ® .

Under the initial commercial evaluation and validation testing program, AML3D will utilise WAM ® to produce various geometric parts in a range of metal alloys with the objective to meet BAE’s internal standards for additive manufactured components.

Results of testing will be used by ASC Shipbuilding to determine whether WAM ® is a suitable manufacturing solution to support the continuous naval shipbuilding and sustainment sovereign capability as laid out in the Australian Government’s Naval Shipbuilding Plan.

ABN: 55 602 857 983

ASX Release 27 October 2020

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AML3D is confident that WAM® will satisfy ASC Shipbuilding’s testing protocols for this initial stage evaluation. Given the scale of ASC Shipbuilding’s shipbuilding initiatives, progression to a commercial relationship would be of great significance to AML3D.

Mr Andrew Sales, AML3D’s Managing Director commented:

“We are pleased to commence this project with ASC Shipbuilding. Having the stringent customer evaluation of AML3D’s proprietary wire additive manufacturing process will not only enhance exposure of our technology for Marine and Defence applications, but the successful endeavour would lead to a sustainable local shipbuilding industry for future generations.”

This announcement has been authorised for release by the Board of AML3D®.

This announcement has been authorised for release by the Board of AML3D.

For further information, please contact:

Andrew Sales Duncan Gordon Managing Director Executive Director AML3D Limited Adelaide Equity Partners T: +61 8 8258 2658 T: +61 404 006 444 E: investor@aml3d.com E: dgordon@adelaideequity.com.au

About AML3D Limited

AML3D (ASX:AL3) is an Australian public company redefining the standards of productivity. Incorporated in 2014, AML3D utilises 3D printing to solve complex challenges with metallurgy, patented WAM® process, proprietary software WAMSoft®, creating certified, industrial products more sustainably. AML3D provides additive manufacturing on demand services in contract manufacturing centres and is the original equipment manufacturer of Arcemy®, metal 3D printers that utilise local materials to manufacture high performance products closer to the location of use.

AML3D Limited (ASX:AL3)

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