AML3D LIMITED — Capital/Financing Update 2023

Nov 19, 2023

ASX Release 20 November 2023

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AML3D WINS LARGEST ARCEMY ® SYSTEM $2.2M CONTRACT TO AUSTAL USA

HIGHLIGHTS

• AML3D receives AUD$2.2M order for the largest custom built ARCEMY® system to date.

• Order received via US value-added reseller Phillips Corp. on behalf of Austal USA for use in their purpose-built Advanced Manufacturing Centre in Charlottsville Virginia.

• The deal represents the second ARCEMY® system order delivered by Phillips Corp. since the inception of the reseller arrangement in April 2023

AML3D Limited (ASX:AL3) (" AML3D " or " the Company ") is pleased to announce an order for a large custom built ARCEMY® metal 3D printing system to be installed at Austal’s USA Advanced Technologies facility in Charlottsville Virginia.

The order, valued at approximately AUD$2.2M, is the second received from AML3D’s value added reseller Philips Corporation since the inception of the reseller arrangement in April 2023. Phillips Corporation are sourcing ARCEMY® units to contribute to the US marine shipbuilding industry including the US Navy’s supply chain and industrial base, to assist it rapidly adopt advanced manufacturing technologies within a sovereign defence and submarine industrial base.

The custom-built ARCEMY® unit will be based on the ARCEMY® 6700 system and, once installed, will be the largest built to date, utilising an 11,000kg positioner and a linear rail of over 4 meters, creating a build volume up to approx. 35 cubic metres. The unit is anticipated to be completed and installed in mid-2024, with payment made in stages, being 50% upfront and then the balances upon delivery, testing and commissioning.

The custom built ARCEMY® unit will be an integral component of the additive manufacturing capability currently being developed by Austal USA Advanced Technologies in its purpose-built facility in Charlottsville Virginia USA. Leading a team of industry partners, Austal USA Advanced Technologies operates the Navy’s Additive Manufacturing Center of Excellence in Danville Virginia, the U.S. Navy’s flagship for additive manufacturing to create components for construction of the next generation of ships and boats.

Austal USA is investing in future capabilities to expand post-delivery support and sustainment offerings, while also supporting multiple shipbuilders, maintenance providers, and the U.S. Navy, U.S. Coast Guard, Royal Navy, and Royal Australian Navy across a broad range of military ships deployed in the U.S. and its ally fleets.

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AML3D Limited (ASX:AL3) ACN 602 857 983 | Australian Patent 2019251514

ASX Release 20 November 2023

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AML3D Managing Director Sean Ebert said:

“This second order by Philips’ over the past few months evidences the success of the reseller agreement with Phillips, which provides us with leverage their long-standing relationships with the US Department of Defense and their suppliers, enabling us to accelerate the development of a US ARCEMY® sales pipeline to both Navy and its industrial base.

“The sheer size of the custom-built ARCEMY® unit demonstrates the breadth of demand and application of our technology, and importantly reaffirms the potential to further expand our footprint within the US Government and defence supply chain.

“As momentum within AML3D’s US scale-up strategy continues to grow, we are seeing the commercial benefits. Notably this order, demonstrates strong alignment of our strategy with Austal USA Advanced Technologies efforts to revolutionise the U.S. Navy’s supply chain through the implementation of additive manufacturing for castings, forgings, and fittings.”

“The US is the largest Additive Manufacturing market in the world and AML3D’s most important growth market. The Company remains confident additional contracts in support of the US defense sector will be executed during the current financial year.”

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

For further information, please contact:

Sean Ebert Hamish McEwin Managing Director Chief Financial Officer AML3D Limited AML3D Limited T: +61 8 8258 2658 T: +61 8 8258 2658 E: investor@aml3d.com E: investor@aml3d.com

About AML3D Limited

AML3D Limited, a publicly listed technology company founded in 2014, is disrupting metal part supply chains using the Company’s patented Wire Additive Manufacturing (WAM®) process. WAM® combines state-of-the-art welding science, robotics automation, materials engineering and proprietary software to lead metal additive manufacturing globally. AML3D is the OEM of the ARCEMY® industrial metal 3D printing systems. ARCEMY® uses WAM® to provide advanced, automated, on-demand, point-of-need 3D manufacturing solutions that are more efficient, cost-effective and have better ESG outcomes compared to traditional casting, forging and billet machining processes. ARCEMY® is IIoT and Industry 4.0 enabled to allow manufacturers across Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas to become globally competitive. AML3D also provides metal 3D printing design engineering services, software licencing, technical support, consumable sales and contract manufacturing services.

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AML3D Limited (ASX:AL3) ACN 602 857 983 | Australian Patent 2019251514