CONNECTED MINERALS LIMITED — Capital/Financing Update 2017

May 8, 2017

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9 MAY 2017

ASX Announcement / Media Release

CIO and Verizon complete phase one of integration with the American Red Cross and receive second Purchase Order

HIGHLIGHTS

• Connected IO collaborates with Verizon to successfully complete extended trials of CIO solutions for American Red Cross facilities across the US.

• CIO receieves second in a series of POs expected from The American Red Cross, now totalling over USD$125k.

• The ongoing effort with CIO and Verizon helps the American Red Cross ensure that mission critical Cisco/Meraki applications stay connected.

• Verizon once again turns to CIO’s proven technology and expertise to provide solutions for its most important enterprise customers.

The Board of Connected IO Limited (“CIO”) is pleased to advise that the Company has received the second in a series of Purchase Orders (“PO”) from the American Red Cross that now total over USD$125k. The PO follows the initial American Red Cross trials with CIO (Announced 20 June 2016). The PO signifies the commencement of the second phase of an ongoing collaboration between Connected IO and Verizon, providing The American Red Cross with more dependable communication solutions.

The success of the trials and multifacted relationship has facilitated an expansion of the opportunity which includes the provision of mission critical connectivity for Cisco Meraki devices. The American Red Cross depends on reliable connectivity in its facilities and assets across the US, and wherever help is needed around the world.

Connected IO Limited ABN: 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875

CIO CEO Yakov Temov said “We are pleased to receive this second PO as a strong vote of confidence from The American Red Cross. Due to our superior product flexibility, Connected IO was able to work together with Verizon and Cisco to provide a solution for Red Cross that our competitors could not.’

About The American Red Cross:

The American Red Cross ( ARC ), also known as the American National Red Cross , is a humanitarian organization that provides emergency assistance, disaster relief and education in the United States. It is the designated US affiliate of the International Federation of Red Cross and Red Crescent Societies.

The organization, which manages over 40% of the US blood supply, offers services in four other areas: communications services and comfort for military service and family members; the collection, processing and distribution of blood and blood products; educational programs on preparedness, health and safety; and international relief and development programs.

Founded in 1881 by Clara Barton, the American National Red Cross is one of the largest Charitable organizations in the US, generating over $2.5B in annual revenue and takes in over $650mm in donations.

There are thousands of ARC facilities in more than 600 locally supported ARC chapters across the US that are supported by more than 500,000 volunteers and approximately 35,000 employees providing assistance to the victims of more than 60,000 disasters and training more than 9.5 million people in lifesaving skills.

About Connected IO Ltd. (CIO)

Connected IO Limited has its operations based in Silicon Valley, in the USA. Its business is a wireless technology innovator and manufacturer operating in the multi-trillion-dollar “IOT” (Internet of Things) sector. CIO specializes in machine to machine (“M2M”) connectivity, providing hardware and software solutions to some of the world’s largest companies – including Coca Cola, Verizon and AT&T. CIO’s software solutions also include a customised cloud management interface and a variety of support services. Cisco predicts there will be 50 billion connected devices by 2020.

For further information please contact:

Yakov Temov (USA) - yakov@connectedio.com Jason Ferris (Aus) – jason@connectedio.com

Connected IO Limited ABN: 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875