DXN LIMITED — Capital/Financing Update 2024

Jan 28, 2024

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ASX Announcement

(ASX: DXN)

29 January 2024

DXN Limited – Notification under s 708A(5)(e) of the Corporations Act

DXN Limited (ASX:DXN) (Company) advises that it issued 620,000,000 fully paid ordinary shares (New Shares) at an issue price of $0.002 per share to raise funds under Tranche 2 of a placement to fund module construction, meet existing debts and provide working capital, as approved by the Board.

This notice is given by the Company under Section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

The Company hereby confirms that:

1. The Company has issued 620,000,000 fully paid ordinary shares in the Company with an issue price of $0.002 per share, without disclosure to investors under Part 6D.2 of the Corporations Act.

2. The Company is providing this notice under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, the Company, as a disclosing entity under the Corporations Act, has complied with:

   • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (b) section 674 and section 674A of the Corporations Act as it applies to the Company.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Corporations Act, which is required to be disclosed by the Company.

Authorised for release by the Board of Directors of DXN Limited.

Yours sincerely,

Andrew Metcalfe Company Secretary

DXN Limited ABN: 46 620 888 548

5 Parkview Drive, Sydney Olympic Park, Sydney, NSW 2127 W: dxn.solutions | T: 1300 328 239 | E: info@dxn.solutions