EPX LIMITED — Capital/Financing Update 2022

Nov 20, 2022

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ASX Announcement - EP&T Global Limited (ASX:EPX)

EP&T Global receives settlement agreement funds

21 November 2022

Following on from the announcement released to the market on 16 November 2022, building energy optimisation company EP&T Global Limited (ASX: EPX) (‘EP&T’ or ‘the Company’) is pleased to confirm that it has received the financial settlement funds regarding unpaid project costs to two contracts entered into with a Middle East based customer.

EP&T has received AED 2.3 million, equivalent to A$940,000.[1]

This announcement has been authorised for release to the ASX by the Board of EPX

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:

John Balassis

Interim Chief Executive Officer

investor@eptglobal.com

1 Based on exchange rate of 1AED=A$0.41 as at 21 November 2022

1

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