AML3D LIMITED — Capital/Financing Update 2024

Apr 2, 2024

Appendix 3B - Proposed issue of securities

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Announcement Summary

Entity name

AML3D LIMITED

Announcement Type

New announcement

Date of this announcement

3/4/2024

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

enounceable)
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
AL3	ORDINARY FULLY PAID	78,517,904

Ex date

5/4/2024

+Record date

8/4/2024

Offer closing date

9/5/2024

Issue date

16/5/2024

Refer to next page for full details of the announcement

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Appendix 3B - Proposed issue of securities

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Part 1 - Entity and announcement details

1.1 Name of +Entity

AML3D LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ACN

Registration Number

602857983

1.3 ASX issuer code

AL3

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/4/2024

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is: + Non-renounceable

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Appendix 3B - Proposed issue of securities

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Part 3 - Details of proposed entitlement offer issue

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? No

Part 3B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

AL3 : ORDINARY FULLY PAID

Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Existing class

Will the proposed issue of this If the entity has quoted company +security include an offer of options, do the terms entitle option attaching +securities? holders to participate on exercise? No No

Details of +securities proposed to be issued

ASX +security code and description AL3 : ORDINARY FULLY PAID

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

ISIN Code for the entitlement or right to participate in a non-renounceable issue (if Issuer is foreign company and +securities do not have +CDIs issued over them)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued) The quantity of additional +securities For a given quantity of +securities to be issued held

1 3

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Appendix 3B - Proposed issue of securities

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What will be done with fractional Maximum number of +securities entitlements? proposed to be issued (subject to rounding) Fractions rounded down to the nearest 78,517,904 whole number or fractions disregarded

Offer price details for retail security holders

In what currency will the offer be What is the offer price per +security made? for the retail offer? AUD - Australian Dollar AUD 0.05000

Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)? Yes

Describe the limits on over-subscription

Each Eligible Retail Shareholder that takes up their Entitlement in full; and subscribes for Additional New Shares under the Top-Up Facility, will be allocated the number of Additional New Shares they applied for. However, there may be a scale-back applied. The Top-Up Facility is not capped but no Eligible Shareholder may receive any New Shares which would result in the relevant Shareholder having voting power in AL3 in excess of 20% of the total issued share capital.

Will a scale back be applied if the offer is over-subscribed? Yes

Describe the scale back arrangements

Should the offer be over-subscribed any scale back will be at the Company's discretion.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Part 3C - Timetable

3C.1 +Record date

8/4/2024

3C.2 Ex date

5/4/2024

3C.4 Record date

8/4/2024

3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue

11/4/2024

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Appendix 3B - Proposed issue of securities

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3C.6 Offer closing date

9/5/2024

3C.7 Last day to extend the offer closing date

6/5/2024

3C.9 Trading in new +securities commences on a deferred settlement basis

10/5/2024

3C.11 +Issue date and last day for entity to announce results of +pro rata issue

16/5/2024

3C.12 Date trading starts on a normal T+2 basis

17/5/2024

3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis

21/5/2024

Part 3E - Fees and expenses

3E.1 Will there be a lead manager or broker to the proposed offer? No 3E.2 Is the proposed offer to be underwritten? No 3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? Yes 3E.3a Will the handling fee or commission be Dollar based or Percentage based? Percentage based (%) 3E.3b Amount of any handling fee or commission payable to brokers who lodge acceptances or renunciations on behalf of eligible security holders

6.000000 %

3E.3c Please provide any other relevant information about the handling fee or commission method

Up to 6% fee payable to Brokers and Advisors

3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer Legal, registry and consulting costs estimated at $50,000

Part 3F - Further Information

3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

AML3D will fund the establishment of AML3D¿s US headquarters and manufacturing facility, invest in AML3D¿s market leading advanced Wire-Arc Manufacturing Technology and ARCEMY® platform software and allow for working capital and offer costs.

3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining

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Appendix 3B - Proposed issue of securities

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entitlements to the issue?

No 3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful? No

3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed issue

Countries outside of Australia and New Zealand

3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing +securities No 3F.6 URL on the entity's website where investors can download information about the proposed issue

https://aml3d.com/investors/

3F.7 Any other information the entity wishes to provide about the proposed issue

Further information will be sent to Eligible Retail Shareholders in a booklet (Retail Offer Booklet) expected to be lodged with ASX and despatched or otherwise made available on or around Thursday 11 April 2024

3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)? No

3F.9 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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