EPX LIMITED — Capital/Financing Update 2024

Nov 27, 2024

ASX ANNOUNCEMENT 28 November 2024

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EP&T GLOBAL LIMITED (ASX:EPX)

EPX RECEIVES COMMITMENTS FOR $1.0 MILLION PRIVATE PLACEMENT

Building energy optimisation company EP&T Global Limited ( ASX: EPX ) (EP&T or the ‘Company’) is pleased to announce it has received commitments from existing shareholders to raise $1,000,000 through a placement of new fully paid ordinary shares in the Company (“ Placement ”).

PLACEMENT HIGHLIGHTS

• Total of $1.0 million to be raised.

• Australian Ethical Emerging Companies Fund commits to 50% ($0.5m) of the Placement.

• Issue price of $0.020 per share, is a 11% premium to the 27 November 2024 closing price and in line with the 20-day VWAP[1] .

• Proceeds will be used to fund sales growth of EDGE Industrial (Coda Cloud acquisition 2 October 2024)

Following the successful acquisition of Coda Cloud’s technology and assets, EP&T received interest from institutional investors to further invest in the Company to support EP&T in its growth plan.

Proceeds from the Placement will be allocated to advancing sales growth of the Coda acquisition. The growth opportunity was outlined in the publicly released material on the acquisition of Coda Cloud’s technology and business assets, as released on 2 October 2024. The commitment from institutional shareholders is contingent on the customary conditions of EPX meeting its continuous disclosure requirements with respect to information that may have an effect on the Company, its prospects or share price and providing notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (‘Cleansing Notice’).

New shares issued under the Placement will be utilising EPX’s existing capacity under Listing Rule 7.1 and will rank pari passu with existing ordinary shares from the date of issue.

Allotment of the new shares is expected to occur on or around 4 December 2024. No lead manager has been appointed for the Placement.

Coda’s technology is propriety technology developed over the past few years. It has complimentary data accuracy capability and will support EP&T to service industrial property owners, such as transport assets (rail stations, bus depots), telecommunication and data centre owners. The Coda technology is currently installed in over 200 sites in the United Kingdom (UK), with its primary use being to monitor, manage and control, energy usage in transport depots, train stations and energy intensive sites (e.g. telecommunication centres). This ability to remotely visualise via a digital twin, and manage industrial property assets, including managing fault detection and equipment maintenance data, is growing in importance as property owners seek to obtain greater reduction in energy consumption and Co2e emissions. By way of example, the UK rail network alone, has over 2,000[2] mainline stations

1 VWAP is for the 20 business days to 26 November 2024 2 UK Office of Rail and Road: Rail Statistics Compendium (March 2023)

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ASX ANNOUNCEMENT

providing a strong opportunity to expand the use of this acquisition in its current region and market.

The Placement will result in the issue of 50,000,000 new shares at an issue price of A$0.020 per share. The issue price represents an 11% premium to the EPX share price as at 27 November 2024, and in line with the 20-day volume-weighted average price (VWAP).

EP&T Chief Executive Officer, John Balassis said “We are thankful for the level of institutional support. This support is a positive endorsement of the progress we are making in growing the business. As a trusted partner, EP&T is evolving and growing its capability to work with our customers to meet their net zero pathway. The Coda acquisition opens the significant industrial building segment and allows the Company to move into a lateral market, to continue to assist customers to deliver upon their CO2e emission reduction and verifiable cost savings targets.”

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

John Balassis Patrick Harsas CEO & Director CFO & Joint Company Secretary investor@eptglobal.com

ABOUT EP&T Global

EP&T Global, the most trusted building efficiency platform provider, is a data as a service platform that delivers sector leading cost and energy efficiency in buildings. EP&T is a global leader in reducing energy costs and delivering energy efficiency in the built environment, servicing over 7 million sqm of floorspace across 5 continents. EP&T’s proprietary technology solution combines multiple information sources with cloud-based data analytics to detect realtime 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

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