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DOTZ NANO LIMITED Interim / Quarterly Report 2023

Aug 16, 2023

64794_rns_2023-08-16_4311afed-b527-4998-8906-3195e37c1d3a.pdf

Interim / Quarterly Report

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ASX and MEDIA RELEASE

17 August 2023

DOTZ INTERIM REPORT - 30 JUNE 2023

Acquisition of Carbon Capture Technology Expands Portfolio of Innovative Carbon-

Based Nanotechnologies

Balance Sheet Strengthened through AU$4 million Capital Raise

Dotz Nano Limited ( ASX: DTZ , “ Dotz ” or “ Company ”), a nano-technology company providing innovative solutions addressing global environmental and industrial challenges, provides its Interim Report for the six months ended 30 June 2023, along with the Appendix 4D half-year report, in accordance with ASX Listing Rule 4.2A.

Key Highlights:

  • Acquired an innovative C02 capture technology (“Technology”), which utilises plastic waste to produce carbon-based solid sorbent with nanosized pores to capture and store C02 gases;

  • Raised AU$4 million in July 2023 in private placement to a combination of existing and new investors to fund growth initiatives including the development and exploitation of the Technology, as well as other general corporate purposes;

  • Completed a significant transformation at the senior management level, with the appointment of Chief Executive Officer Sharon Malka and Chief Financial Officer Liat Bar Ziv Alperovitz strengthening leadership team;

  • Ceased the collaboration agreement with Theracell, for co-development of marking disposable bioprocessing consumables (refer to ASX Announcement dated 12 April 2022) in August 2023. This resulted in the company not recognising any revenues from the project. The Company’s core focus going forward is the oil & gas operators and chemical manufacturers, where Dotz has identified opportunity for its tagging solutions;

  • Cash balance as at 30 June 2023 was A$1.1 million; net loss for the half year of $3.3 million and operating loss of $2.2;

Dotz CEO Sharon Malka said, "The acquisition of innovative carbon capture technology, together with the progression of multiple commercial opportunities for our existing applications, demonstrates our strategic focus of developing, scaling and commercialising innovative carbon-based nanotechnologies and positively positions Dotz for growth.

The successful capital raise of A$4 million strengthens our balance sheet and means we are now well positioned to capitalise on these opportunities to deliver long-term value to Dotz shareholders.”

OUTLOOK

Dotz is in continued discussions with leading companies in the oil & gas and chemicals sectors for both its Dotz Shield and Dotz Earth technologies, which represents a significant growth opportunity.

Dotz Nano Limited | www.dotz.tech | +972-3-7755235 | [email protected]

As well as our organic growth activities, we continue to look at other ways to expand our activities and enhance value for shareholders, including diversification opportunities.

This announcement has been authorised for release by the Board of Directors of Dotz Nano.

For further information, please contact:

Media Enquiries: Investor Enquiries: Sharon Williams John Hurst E: [email protected] E: [email protected] P: +61 (0)414 520 529 P: +61 (0)418 798 663

About Dotz Nano Limited

Dotz Nano Limited (ASX: DTZ) is a technology company specialising in high-value advanced materials. Dotz develops and commercialises innovative solutions addressing global environmental and industrial challenges, utilising its carbon-based nano technologies. Our two main areas of focus are:

  • In-product tagging solution for anticounterfeiting and monitoring, primarily for the oil & gas and chemicals sectors.

  • Carbon-based sorbent technology for industrial decarbonisation & sustainability

To learn more about Dotz, please visit the website via the following link www.dotz.tech

Dotz Nano Limited | www.dotz.tech | +972-3-7755235 | [email protected]