CALIX LIMITED — Capital/Financing Update 2022

Oct 24, 2022

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25 October 2022

NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES.

Share Placement Cleansing Notice

Sydney, Australia | 25 October 2022 – Australian environmental technology company, Calix Limited (ASX: CXL) ( Calix or the Company ) announced on 20 October 2022 that it had completed a placement of $60 million by way of the issue of 13,186,814 shares to certain institutional, profession and sophisticated investors ( Placement ). The Placement shares were issued to investors today.

Calix gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ). The shares issued under the Placement were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

The Company advises that:

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

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

  • b. section 674 of the Corporations Act; and

• 2 as at the date of this notice there is no information that is “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act.

Signed for and on behalf of the Company and authorised for release to the ASX by:

Phil Hodgson Managing Director and CEO Calix Limited 9-11 Bridge Street Pymble NSW 2073 Ph +61 2 8199 7400

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About Calix

Calix is a team of dedicated people who are urgently developing great businesses, leveraging our patented technology, that deliver positive global impact.

The core technology is being used to develop more environmentally-friendly solutions for water treatment, CO2 mitigation, biotechnology, advanced batteries, and more sustainable mineral and chemical processing.

Calix develops its technology via a global network of research and development collaborations, including governments, research institutes and universities, some of world’s largest companies, and a growing customer base and distributor network for its commercialised products and processes.

Because there’s only one Earth – Mars is for Quitters.

Website: https://www.calix.global/ Twitter: @CalixLimited YouTube: CalixLimited

For more information: Phil Hodgson Darren Charles Managing Director and CEO CFO and Company Secretary phodgson@calix.com.au dcharles@calix.com.au +61 2 8199 7400 +61 2 8199 7400

IMPORTANT NOTICE

This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or in any other jurisdiction in which such an offer would be unlawful. The New Shares have not been, and will not be registered under the US Securities Act of 1933, as amended (US Securities Act) or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New Shares may not be offered or sold, directly or indirectly, in the United States unless they have been registered under the US Securities Act (which Calix has no obligation or intention to do or procure), or are offered and sold in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and any applicable U.S. state securities laws.

The information in this announcement is of general background and does not purport to be complete. It should be read in conjunction with Calix’s other periodic and continuous disclosure announcements lodged with ASX Limited, which are available at www.asx.com.au.