CUSCAL LIMITED — Share Issue/Capital Change 2026

Apr 19, 2026

ASX Announcement

20 April 2026

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Cuscal Limited (Cuscal) (ASX: CCL) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

Cuscal has today issued 7,500,000 new fully paid ordinary shares (Placement Shares) at an issue price of $4.00 per Placement Share to certain institutional and sophisticated investors under the fully underwritten institutional placement announced by Cuscal on 14 April 2026 (Placement). The Placement is being conducted in conjunction with a non-underwritten share purchase plan, also announced by Cuscal on 14 April 2026.

In relation to the Placement, Cuscal confirms that:

(a) The Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
(b) This notice is being given under section 708A(5)(e) of the Corporations Act;
(c) As at the date of this notice, Cuscal has complied with:

(i) The provisions of Chapter 2M of the Corporations Act as they apply to Cuscal; and
(ii) Sections 674 and 674A of the Corporations Act; and

(d) As at the date of this notice, there is no "excluded information" of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that is required to be set out in this notice.

ENDS

This announcement was authorised for release by the Cuscal Board.

For all enquiries:

Wynne Edgson
Investor Relations
investor@cuscal.com.au
+61 421 822 226

About Cuscal Limited (ABN 95 087 822 455 AFSL 244116)

Cuscal is an authorised deposit taking institution (ADI), with the licences, connectivity and processing capability to support all payment types and regulated data services. The combination of these capabilities and credentials within a single organisation in Australia is limited to the four major Australian banks and Cuscal. Cuscal powers seamless and secure connections for its clients and their customers. Having originally been formed in 1966 to service Australia's mutual banking organisations, Cuscal's business has focused on innovation and investment to expand its capabilities to be a leading player in Australian payments.

Cuscal

Level 11, Darling Park Tower 1
201 Sussex Street
Sydney NSW 2000
PO Box Q279
Queen Victoria Building
NSW 1230
Tel: (02) 8299 9000
ABN 95 087 822 455
AFSL
www.cuscal.com