DOTZ NANO LIMITED — Capital/Financing Update 2017

Nov 27, 2017

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ASX ANNOUNCEMENT

28 November 2017

CEO Letter to Shareholders

Dear Fellow Shareholders

With the announcement of our successful capital raise I thought it would be prudent to update you on Dotz Nano’s position, now and for the future.

I look at how Dotz Nano has grown over the last several months, successfully beginning its commercialisation, and I feel a sense of gratitude and pride. Dotz Nano was and is the premier and sole commercial supplier of Graphene Quantum Dots and our customer base is growing daily, thanks to the hard work of the Dotz Nano staff and with the support of our shareholders.

It has been just over a year since Dotz Nano listed on the ASX, and the Company is moving forward on all fronts of its commercialisation, with the hard work beginning to take shape into commercial contracts with our customers. We’ve already signed approximately $550,000 worth of contracts and with a focus on achieving significantly more.

Dotz Nano has achieved much since its listing, but let me just share a bit of what we’ve done, which in my opinion, is game changing.

• Our Research Team has completed its work on the basic Quantum Dots technology (scale up production, protocols, etc.) and essentially has been concentrating the last several months on the implementation of our GQDs into a variety of applications.

• In the tagging applications (whether for anti-counterfeiting, brand protection or monitoring) our Research Team has successfully embedded our GQDs into a multitude of polymers so that today we can embed our GQDs into almost any polymer within a short period of time.

• We’ve expanded our GQDs product list to include Violet, Orange and Red GQDs together with our Blue, Green, Cyan and Yellow GQDs. This is important since it allows us to achieve maximum optimum efficiency with applications that require GQDs.

• We are continuing to target a variety of applications (optical brighteners in the detergent, shampoo and pigments/dyes market, anti-counterfeiting applications, fuels, automotive solvents, foodstuffs, pharmaceuticals, inks), displays and screen markets, with samples and testing/evaluating programs with almost every first-tier company. With over 60 different evaluation and pilot programs in place, commercial contracts are the next step.

• We’ve already signed approximately $550,000 per annum worth of contracts and with a focus on achieving significantly more.

• To handle production capacity, we now able to produce 200 kilos per annum in Israel (for specialised products and commercial samples) and approximately 5,000 kilos per annum in our facility in New Jersey. Infrastructure is already in place for the expanding the production capacity to a level of 30,000 kg per annum.

• We’ve increased our Intellectual Property status to include 4 additional patent submissions in applications and technologies developed specifically by Dotz Nano. We’re continuing to submit patent applications in an expanding amount of applications. These new patent applications will

Dotz Nano Limited ACN 125 264 575 T: +61 8 9486 7244 | A: 108 Outram Street, West Perth WA 6005

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be instrumental in the use of GQDs in everyday applications. These are our patent applications and in my opinion, will be a source of major revenue streams in the future.

• We’ve submitted a new technology patent for the production of GQDs that is independent of the Rice University patents and will allow us to implement new production that will expand our technological footprint with a better, more efficient, inexpensive GQDs.

• We’ve expanded our research and moved into the energy market with both technologies in the Lithium ion battery cathode markets and the anode markets. We’ve developed collaboration agreements with companies such as Ulvac from Japan, DuraPower from Singapore, Samsung SDI and UltraCharge (ASX:UTR). This is all part of our expansion process to put Dotz Nano in a variety of application areas that will be in my opinion, have the potential to generate strong revenues in the future.

• We’ve established DotzBlue Ltd. as 100% fully owned subsidiary that will focus on the automobile solvent market, which includes, DEF/ADBlue, motor solvents, motor oils and additional automotive solvents. Due to the special commercial requirements of this market (technology, logistics, packaging, marketing, etc.), that is unique to the automotive industry, a separate entity was required. In my opinion, this will be a major use of GQDs in the many years to come.

• Dotz Nano Singapore, an additional 100% owned subsidiary is focused on the development of the use of GQDs as a bio-imaging agent. With collaborations with NTU and additional partnerships, in my opinion, we’ll be able to achieve important milestones in 2018.

• Dotz Nano is continuing to apply for additional opportunities in the non-diluting funding sector (R&D grants) and I hope to inform you of these efforts in the future.

With the successful completion of this capital raising, I would like to inform our shareholders that these funds will be used specifically for commercial activities to integrate our GQDs in the various applications and uses. Our business development staff are busy establishing and reaching out to new potential customers for use of our GQDs. Nearly every day brings in a new contact, call, or inquiry. This period is the commercialisation period. We’ve already seen commercial contracts signed. That is our focus for 2018, further commercialization opportunities.

Fellow shareholders, Dotz Nano is the premier GQD company in the world today and will continue to be so. We are enhancing so many applications with our disruptive technology.

To all Dotz shareholders I thank you for your support and I promise that my staff and I will continue to strive to make Dotz Nano a great success.

Dotz Nano – the next BIG small thing.

Yours sincerely

Moti Gross CEO Dotz Nano Limited

Dotz Nano Limited ACN 125 264 575 T: +61 8 9486 7244 | A: 108 Outram Street, West Perth WA 6005

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About Dotz Nano

Dotz Nano Limited (ASX: DTZ) is a technology company focusing on the development, manufacture and GQDs. Its vision is to be the premier producer of GQDs by producing and supplying high quality GQDs for use in various applications including medical imaging, sensing, consumer electronics, energy storage, solar cells and computer storage.

To learn more about Dotz Nano please view the website and our corporate video via the following link: www.dotznano.com

For further enquiries, please contact:

Company Secretary Mr. Peter Webse

peter.webse@pcscorporate.com.au Telephone: +61 8 6377 8043

Dotz Nano Limited ACN 125 264 575 T: +61 8 9486 7244 | A: 108 Outram Street, West Perth WA 6005