ATOMOS LIMITED — Capital/Financing Update 2022

Oct 17, 2022

ATOMOS LIMITED (ASX:AMS) 700 SWANSTON STREET CARLTON VIC 3053 ACN: 139 730 500

ASX Announcement

18 October 2022

CLEANSING NOTICE – Fully paid ordinary shares issued under accelerated non-renounceable prorata entitlement offer

Notice under section 708AA(2)(f) of the Corporations Act 2001 (Cth)

This notice is given by Atomos Limited ACN 139 730 500 (ASX: AMS) ( Company ) under section 708AA(2)(f) of the Corporations Act 2001 (Cth) as modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2016/84 and ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 ( Corporations Act ).

On 18 October 2022, the Company announced an accelerated non-renounceable pro-rata entitlement offer of 4 new fully paid ordinary shares ( New Shares ) for each 7 shares held by eligible existing shareholders at 7.00pm (Sydney time) on 20 October 2022, at a price of A$0.10 per New Share to raise A$12.7 million ( Entitlement Offer ), comprising an accelerated institutional component

( Institutional Entitlement Offer ) and a retail component ( Retail Entitlement Offer ).

The Company gives notice under and in accordance with section 708AA(2)(f) of the Corporations Act that:

• a) the New Shares will be offered for issue without disclosure to investors under Part 6D.2 of the Corporations Act;

• b) as at the date of this notice, the Company has complied with:

• a. the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and

• b. sections 674 and 674A of the Corporations Act,

• c) as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of sections 708AA(8) and 708AA(9) of the Corporations Act; and

• d) the potential effect the Entitlement Offer will have on the control of the Company and the consequences of that effect will depend on a number of factors, including the extent to

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which eligible shareholders take up their entitlements and any additional shares under the shortfall facility for the Entitlement Offer and the allocation of any shortfall under the Entitlement Offer. Given the structure of the Entitlement Offer being an accelerated pro rata entitlement offer together with the Company having received binding commitments from certain directors and institutional shareholders of the Company to take up $116,869 worth of New Shares under the Entitlement Offer and Placement and with the Entitlement Offer being fully underwritten by Morgans Corporate Limited and Shaw and Partners Limited, the issue of New Shares under the Entitlement Offer is not expected to have a material effect on the control of the Company and therefore no subsequent consequences for the Company. However, in the event that existing shareholders did not take up any New Shares under the Entitlement Offer, one of the Company’s existing shareholders, Domazet FT3 Pty Ltd atf The Domazet Family A/C No 3which has committed to take up under the Entitlement Offer and Placement and to sub-underwrite the Entitlement Offer up to an aggregate maximum of $9.6 million and, could therefore acquire up to a maximum of 26.6% of the issued share capital of the Company.

This Cleansing Notice was authorised for ASX release by the Atomos Board of Directors.

--ENDS--

For further information please contact:

Trevor Elbourne James Cody Chief Executive Officer Chief Financial Officer +61 448 134 635 +61 407 048 514 trevor@atomos.com james@atomos.com

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Atomos’ Interactive Investor Hub ,

Our investor hub is an interactive location to engage with the Atomos team on our announcements and updates. Please go to the Atomos Investor Hub for all market announcements and other news https://announcements.atomos.com.

We welcome investors to ask questions and add comments to which our team can respond where possible.

About Atomos:

Atomos is a global video technology company delivering award-winning, simple to use monitor-recorder content creation products. These products give content creators across the rapidly growing social, pro-video and entertainment markets a faster, higher quality and more affordable production system.

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Atomos’ range of products take images directly from the sensor of all major camera manufacturers, then enhance, record and distribute them in high-quality formats for content creation using the major video editing software programs. Since being founded in 2010, Atomos has established strategic relationships with key technology providers within the ecosystem including Apple, Adobe, Sony, Canon, Panasonic, Nikon and JVC Kenwood.

Atomos is based in Australia with offices in the USA, UK, Germany, China and Japan and has a worldwide distribution partner network.

For more information, please visit www.atomos.com

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