CLUEY LTD — Capital/Financing Update 2025

Dec 11, 2025

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ASX Announcement

12 December 2025

NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR TO U.S. PERSONS

RESULTS OF $4.5 MILLION ENTITLEMENT OFFER

Cluey Ltd (ASX: CLU) ( Cluey or the Company ) is pleased to advise that it has received valid applications from a total of 58 Eligible Shareholders under its previously announced fully underwritten 2 for 11 non-renounceable entitlement offer of new Cluey shares (each, a New Share ) to raise approximately $4.5 million ( Entitlement Offer ).

Together, these 58 Eligible Shareholders subscribed for a total of 25,408,877 New Shares at the Offer Price of $0.07 per share[1] . The Shortfall (equivalent to 38,740,894 New Shares) has been allocated to and by the Lead Manager in the manner described in Sections 1.6 and 1.8 of the offer booklet for the Entitlement Offer ( Offer Booklet ).

The New Shares the subject of the Entitlement Offer are expected to be issued by the Company on Tuesday, 16 December 2025 with trading on ASX of those New Shares expected to commence from market open on Wednesday, 17 December 2025[2] .

Unless otherwise defined, capitalised words and terms used in this announcement have the meanings given to them in the Offer Booklet.

Investor enquiries

If you have any questions in relation to the Entitlement Offer, please contact either the Company's CFO & Company Secretary, Mr Greg Fordred via email at investor.relations@clueylearning.com or Cluey's Share Registry, Automic on 1300 288 664 (if calling from within Australia) or on +61 2 9698 5414 (if calling from New Zealand) between 8.30am and 7pm (Sydney time) Monday to Friday.

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ENDS

Authorised for release to the ASX by the Board of Cluey Ltd.

1 This includes a total of 13,922,150 New Shares that will be issued to the Company's founders Messrs Gavshon and Rohald as disclosed in Sections 1.6 and 1.8 of the Offer Booklet.

2 On completion of the Entitlement Offer, the Company expects to have a total of 416,973,515 fully paid shares on issue.

Cluey Ltd ABN: 65 644 675 909 Suite 2, Level 2, 117 Clarence Street Sydney NSW 2000

Cluey Ltd

For enquiries please contact:

Investors

Mark Rohald Greg Fordred Executive Deputy Chairman CFO & Company Secretary investor.relations@clueylearning.com investor.relations@clueylearning.com

Cluey Ltd (ASX: CLU), an education technology company, provides online tutoring, learning support, and co/extracurricular services in Australia. The company offers tutoring services in the areas of English, mathematics, and chemistry for primary, secondary, and senior-level students through its online tutoring platform.

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