ECHOIQ LIMITED — Capital/Financing Update 2023

May 11, 2023

12 May 2023

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ASX: EIQ RELEASE

S708A CLEANSING NOTICE

Sydney: AI & Medical Technology company Echo IQ (the Company) (ASX:EIQ) issued 200,000 fully paid ordinary shares (Shares) on 12 May 2023 pursuant to the exercise of unlisted options.

The Shares are part of a class of securities quoted on the Australian Securities Exchange Limited (ASX).

The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act 2001. The Shares were issued without disclosure to the investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act 2001. The Company, as at the date of this notice, has complied with:

• the provisions of Chapter 2M of the Corporations Act 2001; and

• Section 674 of the Corporations Act 2001.

There is no excluded information as at the date of this notice, for the purposes of Sections 708A(7) and (8) of the Corporations Act 2001.

• ENDS -

Authorised for release by the Board of Directors of Echo IQ Limited.

Media Enquiries: Philip Woolff, Chief Operating Officer philip.woolff@echoiq.ai / marketing@echoiq.ai / +61 (0)490 030 620

Investor Enquiries: Andrew Grover, Executive Chair Andrew.grover@echoiq.ai / investor@echoiq.ai

ABOUT ECHO IQ

Echo IQ uses AI-driven technology and proprietary software to improve decision making in Cardiology. The company is based in Sydney, Australia.

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