BIOTRON LIMITED — Capital/Financing Update 2025

Feb 27, 2025

Appendix 3B - Proposed issue of securities

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Cancellation Summary Entity name BIOTRON LIMITED Announcement Type Cancellation of previous announcement Date of this announcement 28/2/2025 Reason for cancellation of previous announcement The Share Purchase Plan is withdrawn Refer to next page for full details of the announcement

Appendix 3B - Proposed issue of securities

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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

BIOTRON 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

Registration Number

ABN 60086399144

1.3 ASX issuer code

BIT

1.4 The announcement is

Cancellation of previous announcement

1.4c Reason for cancellation of previous announcement

The Share Purchase Plan is withdrawn

1.4d Date of previous announcement to this cancellation

21/2/2025

1.5 Date of this announcement

28/2/2025

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

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Appendix 3B - Proposed issue of securities

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Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis? No

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Appendix 3B - Proposed issue of securities

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Part 4B - 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

BIT : ORDINARY FULLY PAID

Will the proposed issue of this +security include an offer of attaching +securities? No

Details of +securities proposed to be issued

ASX +security code and description BIT : ORDINARY FULLY PAID Maximum total number of those +securities that could be issued if all offers under the +securities purchase plan are accepted 270,714,829

Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)? Yes Describe the minimum subscription condition The minimum raising that will be accepted under the SPP is 50,000,000 shares to raise $500,000. In the event that this minimum subscription amount is not achieved, application monies will be refunded in full (without interest)

Will the offer be conditional on applications for a maximum number of +securities being received or a maximum amount being raised (i.e. a maximum subscription condition)? Yes Describe the maximum subscription condition The maximum number of shares that the Company will issue under the SPP is 270,714,829 and the maximum amount that would be raised under the SPP is $2,707,148

Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)? Yes Is the minimum acceptance unit based or dollar based? Dollar based ($) Please enter the minimum acceptance value $ 2,000 Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)? Yes

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Appendix 3B - Proposed issue of securities

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Is the maximum acceptance unit based or dollar based?

Dollar based ($)

Please enter the maximum acceptance value

$ 30,000

Describe all the applicable parcels available for this offer in number of securities or dollar value $2,000 for 200,000 shares $5,000 for 500,000 shares $10,000 for 1,000,000 shares $30,000 for 3,000,000 shares	Describe all the applicable parcels available for this offer in number of securities or dollar value $2,000 for 200,000 shares $5,000 for 500,000 shares $10,000 for 1,000,000 shares $30,000 for 3,000,000 shares
Offer price details
Has the offer price been determined?
Yes
In what currency will the offer	What is the offer price per
be made?	+security?
AUD - Australian Dollar	AUD 0.01000

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed? Yes Describe the scale back arrangements In the event that the SPP is oversubscribed, applicants will be scaled back on a pro-rata basis in a ratio proportionate with the applicant¿s shareholding at the Record Date Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Part 4C - Timetable 4C.1 Date of announcement of +security purchase plan 21/2/2025 4C.2 +Record date 20/2/2025 4C.3 Date on which offer documents will be made available to investors 25/2/2025 4C.4 Offer open date 25/2/2025 4C.5 Offer closing date 12/3/2025

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4C.7 +Issue date and last day for entity to announce results of +security purchase plan offer

19/3/2025

Part 4D - Listing Rule requirements

4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5 or do you have a waiver from those requirements? Yes

Part 4E - Fees and expenses

4E.1 Will there be a lead manager or broker to the proposed offer? No

4E.2 Is the proposed offer to be underwritten? No

4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer N/A

Part 4F - Further Information

4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

The primary purpose of the additional funds is to support the Company¿s operations while it works with the US based C14 Consulting Group LLC (C14) to achieve strategic partnership(s).

4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? No

4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer

The offer is only available to shareholders with registered address in Australia and New Zealand

4F.3 URL on the entity's website where investors can download information about the proposed offer

www.computersharecas.com.au/BIT.

4F.4 Any other information the entity wishes to provide about the proposed offer

N/A

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