DXN LIMITED — Capital/Financing Update 2020

Apr 1, 2020

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2 April 2020

ASX Announcement

Release of Restricted Securities from Escrow

DXN Limited (ASX: DXN) ( Company or DXN ) advises in accordance with ASX Listing Rule 3.10A that the following securities will be released from escrow on 11 April 2020:

• 75,487,500 fully paid ordinary shares; and

• 32,500,000 options exercisable at $0.30 on or before 30 November 2020; and

• 609,375 options exercisable at $0.30 on or before 5 April 2021.

-ends-

About DXN Limited

DXN Limited designs, builds, owns and operates data centres. Offering integrated, customised and tailored solutions to clients, DXN provides businesses with the option of delivering solutions to site through containerised modules, or space in DXN’s modular colocation facilities to suit technical specifications and operational requirements. From a single rack in the colocation facilities through to fully customised Edge Infrastructure, DXN can deliver a range of solutions to meet modern data centre requirements. DXN has achieved an industry first and become the first modular data centre developer in the world to receive both Uptime Institute Tier-Ready III and Tier-Ready IV design review awards. For more https://dxn.solutions

For more information please contact:

Matthew Madden, CEO

T +61 1300 328 239

E: Matthew.Madden@dxn.solutions

ASX Release authorised by the Disclosure Committee

DXN Limited ABN: 46 620 888 548

9 Mumford Place, Balcatta, Perth, Western Australia, 6021 W: dxn.solutions | T: 1300 328 239 | E: info@dxn.solutions