DE.MEM LIMITED — Capital/Financing Update 2022

Oct 2, 2022

ASX RELEASE | De.mem Limited (ASX:DEM)

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De.mem Acquires 25% Stake in German De.mem-Geutec GmbH - Additional Information

3 October 2022: Australian-Singaporean water and waste water treatment company De.mem (ASX:DEM) (“De.mem” or “the Company”) advises the following further information in relation to the ASX announcement, “De.mem acquires 25% stake in Geutec to raise holdings to 100%”, released earlier today:

• The seller of the 25% holding is Mr. Uwe Graessel, the former owner of De.mem-Geutec GmbH and its Managing Director;

• The condition for completion is the payment of the purchase price, which is planned to take place this week. There are no other material conditions to completion. De.mem will advise once the completion has occurred.

This release was authorized by the Company’s Chief Executive Officer, Mr. Andreas Kroell.

-ENDS-

For further information, please contact:

De.mem Limited Andreas Kroell CEO De.mem Limited investor@demem.com.sg

De.mem Limited (ASX:DEM) is a decentralised water and wastewater treatment business that designs, builds, owns and operates turnkey water and wastewater treatment systems for some of the world’s largest companies in the mining, electronics, chemical, oil & gas, and food & beverage industries. Its systems also provide municipalities, residential developments and hotels/resorts across the Asia Pacific with a reliable supply of clean drinking water.

De.mem’s technology to treat water and wastewater is among the most advanced globally. The Company is headquartered in Australia and has international locations in Singapore, Germany and Vietnam. It is commercialising an array of innovative proprietary technologies from its research and development partner, Nanyang Technological University (NTU) in Singapore, a world leader in membrane and water research. Technologies uniquely offered by De.mem include a revolutionary lowpressure hollow fibre nanofiltration membrane that uses less electricity and is cheaper to operate than conventional systems, as well as a new Forward Osmosis membrane deployed in de-watering applications or the concentration of liquids.

To learn more, please visit: www.demembranes.com

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of De.mem Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forwardlooking statements depending on a variety of factors.

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