ENERGY TECHNOLOGIES LIMITED — Capital/Financing Update 2024

Sep 4, 2024

5[th] September 2024

ASX Announcement

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Energy Technologies Limited – Signs Material Wholesale Distribution Agreement and Business Update

Key Highlights:

• Distribution Agreement is effective immediately

• Includes the ability to sell cables into Medium and High Voltage, Transmission and Fibre Optic markets

• Provides a deeper penetration into the Renewable Energy markets with the ability to sell cables in to offshore and on shore wind projects

Agreement also covers mining, marine, subsea and Novel (Nuclear) cable capabilities

Energy Technologies Limited (ASX: EGY or “the Company”), a 100% owner of Bambach Wires and Cables Pty Ltd (Bambach) which sells low voltage industrial and specialised copper cables & energy solutions to the renewable energy industry across Australia., releases an update to the market regarding its expansion into the renewables industry.

Bambach is pleased to announce that it has signed a strategic distribution agreement with Tratos Group, a leading European cable manufacturer. This partnership marks a significant milestone for the company as it enables it to complete it’s product offering and enhance the presence across a number of sectors currently not serviced by Bambach.

With this new agreement, the company is now equipped to provide medium and high voltage cables, a crucial addition to it’s portfolio. This expansion allows Bambach to better serve the renewable energy sector and meet the increasing demand for robust and reliable cable solutions.

Moreover, this collaboration opens up exciting opportunities for Bambach to enter into additional key market segments, including mining. Tratos Group’s specialty cables will enable the company to deliver tailored solutions to meet the unique requirements of these industries.

This distribution agreement signifies the final part of the restructure previously disclosed and recently highlighted in the EGY Investor Presentation (31 July 2024) – Next Steps.

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EGY Acting CEO, Nick Cousins said , “We are enthusiastic about the possibilities this partnership brings and look forward to working closely with Tratos Group to drive innovation and deliver exceptional value to our customers.”

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About Energy Technologies

Energy Technologies Limited (ABN 38 002 679 469) has a 100% ownership of Bambach Wires and Cables Pty Ltd, a manufacturer of low voltage copper insulated cables. Learn more about Energy Technologies at website www.energytechnologies.com.au.

About Tratos

With headquarters in Italy and with more than 50 years of experience in the cable industry, Tratos’ engineering expertise is behind the development of highly specialised products for a variety of sectors. From cabling for transport networks to a fusion for energy projects of world significance, Tratos’ technology is at the forefront of the world’s most significant power, growth and connectivity projects.

For more information, please contact:

General enquiries

Corporate Communications Mr. Gregory Knoke Company Secretary greg.knoke@energytechnologies.com.au

This announcement is authorised by Energy Technologies Limited’s Board of Directors