EPX LIMITED — Capital/Financing Update 2021

Nov 2, 2021

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ASX Announcement

3 November 2021

EP&T Global (ASX:EPX)

SUCCESSFUL COMPLETION OF $8.25 MILLION PLACEMENT

EP&T Global Limited (ASX: EPX) ( EP&T ) is pleased to announce it has successfully completed a $4.18 million unconditional placement of ordinary shares to institutional and sophisticated investors, and a conditional placement of $4.07 million to EP&T Directors and institutional and sophisticated investors (together the Capital Raising ).

CEO Trent Knox “The Company is delighted and thankful for the level of support shown from both existing and new shareholders. The new business won throughout FY21 was a testament to EP&Ts ability to deliver an average of 22% energy savings p.a. along with the significant reduction of carbon emissions across our portfolio of clients. The proceeds from the capital raise will allow us to further invest in sales and marketing as well as install our significant project backlog and drive increasing Annualised Recurring Revenues over FY22. With strong ESG tailwinds and Net Zero targets to reduce carbon emissions, our services and proven track record have never been more relevant. Thank you to our clients across 22 countries that work with us on a daily basis, and we look forward to assisting our growing pipeline in achieving their sustainability/energy reduction goals”.

All new shares under the Capital Raising will be issued at an issue price of $0.15 per share, which represents a 6.3% discount to the last close on Friday, 29 October 2021 of $0.16, and a 17% discount to the 10-day VWAP of $0.18. Shares to be issued under the unconditional placement will settle on Friday, 5 November 2021, with issue and normal trading to occur on Monday, 8 November 2021.

The conditional placement is subject to shareholder approval which will be sought at EP&T’s Annual General Meeting, currently scheduled for 15 December 2021. If shareholder approval is obtained, it is expected that the conditional placement shares will be issued on Friday 17 December 2021.

Upon obtaining shareholder approval for the unconditional placement, the Capital Raising will result in EP&T issuing 55,000,000 new ordinary shares (27,869,925 in the unconditional placement and 27,130,075 in the conditional placement) equivalent to 30% of EP&T’s ordinary equity prior to the Capital Raising. Following completion of the Capital Raising, EP&T will have 240,799,500 ordinary shares on issue.

Shares issued under the Capital Raising will rank equally with existing EP&T shares from the date of their issue. EP&T shares are expected to resume trading on the ASX from market open today (Wednesday, 3 November 2021).

Bell Potter Securities Limited was Lead Manager to the Capital Raising.

This release is authorised by the Board of Directors of EP&T.

EP&T Global Limited ACN – 645 144 314 Suite 2, 407 Pacific Highway, Artarmon NSW 2064

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About EP&T Global

EP&T Global is optimising buildings for a sustainable future. EP&T’s proprietary technology solution combines multiple information sources with cloud-based data analytics to detect real-time energy inefficiencies in buildings. This highly accurate identification of faults and inefficiencies enables EP&T to collaborate with building managers to improve and optimise building plant operating systems.

EP&T’s “EDGE Intelligent System” is a data repository incorporating 20+ years of building energy efficiency knowledge – collecting and analysing more than 5.6 billion points of data per annum with proprietary algorithmic analysis and machine learning.

To learn more visit www.eptglobal.com

For more information, please contact:

Trent Knox Simon Hinsley Chief Executive Officer Investor Relations investor@eptglobal.com simon@nwrcommunications.com.au +61 401 809 653

EP&T Global Limited ACN – 645 144 314 Suite 2, 407 Pacific Highway, Artarmon NSW 2064