FLEXIROAM LIMITED — Capital/Financing Update 2024

Feb 28, 2024

29 FEBRUARY 2024

EXTENSION OF NON-RENOUNCEABLE ENTITLEMENT OFFER

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Flexiroam Limited (ASX:FRX) ( Flexiroam or the Company ) refers to the 1 for 15 non-renounceable entitlement offer at $0.023 per share to raise up to $1,012,931 before costs ( Entitlement Offer ) and advises that the closing date for the Entitlement Offer has been extended to Friday, 15 March 2024.

The Entitlement Offer was announced on 6 February 2024 and offer materials were despatched to shareholders on 13 February 2024. The Company is also offering new shares which comprise the shortfall to the Entitlement Offer at the same issue price of $0.023 per share ( Shortfall Offer ).

The Company advises that the closing date of the Entitlement Offer and Shortfall Offer has been extended to Friday, 15 March 2024 to allow extra time for eligible shareholders to take up their entitlements. The revised timetable is shown below.

Event	Date*
Last day to extend Offer Period	Tuesday, 12 March 2024
Closing Date of the Offers	Friday, 15 March 2024
Announcement of acceptances and Shortfall to ASX	Wednesday, 20 March 2024
General Meeting**	Friday, 22 March 2024
Issue of New Shares under the Offers	Friday, 22 March 2024
Despatch of Holding Statements	Friday, 22 March 2024
Normal trading of New Shares to commence on ASX	Monday, 25 March 2024

***** These dates are indicative only and subject to change. Subject to the Listing Rules, the Company may vary these dates without notice, including whether to close an Offer early, extend an Offer, or accept late acceptances, either generally or in particular cases, without notification.

****** The Entitlement Offer forms part of a broader $2 million raise, which includes a private placement of $1 million to Steve Picton, Executive Chairman and Interim CEO. A general meeting will be held on Friday, 22 March 2024 to seek shareholder approval for the issuance of placement shares.

Further details of the offers, including details on how to accept the offers and key risks associated with an investment in the Company are set out in the Offer Document dated 6 February 2024.

For all enquiries concerning the offers, please contact the Company Secretary by telephone on +61 8 6389 2688 or Automic Group on 1300 288 664 (within Australia) or +61 2 9698 5414 (outside Australia) at any time between 9:00 am and 5:00 pm (WST), Monday to Friday before the offers close on 15 March 2024.

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AUTHORISED BY THE BOARD OF DIRECTORS

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ABOUT FLEXIROAM

Founded in 2011 by Jefrey Ong, Flexiroam Limited (ASX:FRX) started with a mission to push the boundaries of communications. What began as a solution for travellers needing seamless mobile data at competitive rates, has evolved beyond the consumer travel market.

Flexiroam provides connectivity across any device, in any part of the world for any application. The Company is a superconnector for people and machines globally. Flexiroam’s versatile network now spans across 520 network operators in over 200 countries and territories, making it the preferred service for consumers and businesses worldwide.

For further information, please visit https://www.flexiroam.com/

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