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CARBONXT GROUP LIMITED Capital/Financing Update 2023

May 24, 2023

64640_rns_2023-05-24_4cbf6fd2-21df-4805-beac-a7977ae9638e.pdf

Capital/Financing Update

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ASX RELEASE

25 May 2023

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Lapse of Options

Carbonxt Group Ltd (ASX:CG1) (‘‘Carbonxt” or “the Company”) notes that 19,975,140 quoted options (Options) (ASX: CG1O) are due to lapse on 21 June 2023.

It is noted that the Company meets the criteria set out in section 5.3 of Appendix 6A to the listing rules, and therefore a notice will not be sent to the Option holders to notify them of the upcoming lapse of the Options.

An Appendix 3H will be lodged in due course following the lapse of the Options.

This announcement has been authorised for release to ASX by the Board of Directors of Carbonxt Group Limited.

ENDS

Enquiries Warren Murphy Managing Director +61 413841216 [email protected]

Ben Jarvis, Six Degrees Investor Relations: 0413 150 448

About Carbonxt

Carbonxt (ASX:CG1) is a cleantech company that develops, and markets specialised Activated Carbon products, focused on the capture of contaminants in industrial processes that emit substantial amounts of harmful pollutants. The Company produces and manufactures Powdered Activated Carbon and Activated Carbon pellets for use in industrial air purification, wastewater treatment and other liquid and gas phase markets.

Carbonxt Group Limited. Level 8, 210 George Street, Sydney NSW 2000