AML3D LIMITED — Capital/Financing Update 2023

Apr 10, 2023

ASX Release 11 April 2023

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SHARE PURCHASE PLAN SUBSTANTIALLY OVERSUBSCRIBED

AML3D Limited (Company or AML3D) (ASX: AL3), is pleased to announce the conclusion of its Share Purchase Plan offer (SPP), announced on 2 March 2023. The SPP complemented the Company’s recent placement to sophisticated and institutional investors to raise $3 million (Placement).

The Company received subscriptions in excess of $700k for the SPP, representing an oversubscription of more than 75% above the SPP Offer size of $400,000.

AML3D will issue 5,555,555 new fully paid ordinary shares, which will rank equally with existing shares from their date of issue, to satisfy the SPP allocations. The new shares will be issued at $0.072 each, which is the same price offered in the Placement, and are expected to be allotted on 12 April 2023.

The strong interest and support required a scaling back of valid applications received by the Company. The scale back was applied to ensure all applicants were allotted at least the minimum application size of 13,888 SPP Shares (being $1,000 worth of SPP Shares). In addition, the allocations recognised longstanding retail shareholders who have supported the Company since its IPO, and the size of each application. Consequently, approximately 43% of applicants will receive their application in full.

The proceeds of the SPP will supplement those raised in the Placement and be used to advance AML3D’s US growth strategy by helping to establish a presence at key US additive manufacturing centres of excellence; develop a US sales team, build a US value-added reseller network; invest in AML3D’s ARCEMY[® ] system software development and support the AML3D’s working capital base.

Ryan Millar, CEO, said: “ We would like to thank our shareholders for their ongoing support and endorsement of the Company’s business model and look forward to delivering on the strategic initiatives”.

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

For further information, please contact:

Ryan Millar Hamish McEwin Chief Executive Officer 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

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

ASX Release 11 April 2023

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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