ASSET VISION CO LTD — M&A Activity 2022

Jun 30, 2022

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Level 11, 410 Collins Street Melbourne, Victoria Australia, 3000

www.futurefirsttech.io

+61 3 9682 2699

1 July 2022

ASX ANNOUNCEMENT

Binding Heads of Agreement for Australian Community Media to Acquire farmbuy.com

Future First Technologies Ltd ( ASX: FFT ) ( FFT or the Company ) is pleased to announce it has signed a Binding Heads of Agreement to sell farmbuy.com ( Respring Pty Ltd ) to Australian Community Media (ACM).

Under the Heads of Agreement, ACM will purchase all of the Business Assets for a purchase price of $800,000 with both parties intending to complete the sale and purchase on 1 September 2022.

FFT’s CEO Mr Adrian Rudman commented on the Binding Heads of Agreement:

“This is an important milestone for FFT. We can now focus solely on accelerating the growth of the Asset Vision Software-as-a-Service business leveraging last year’s EagleSoft acquisition. We thank ACM for their professionalism through this sale process”.

This announcement has been authorised for release by FFT’s Board of Directors.

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https://farmbuy.com/ https://assetvision.com.au/ https://www.eaglesoft.com.au/