HARVEST TECHNOLOGY GROUP LTD — Capital/Financing Update 2025

Mar 10, 2025

11 March 2025

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Announcement to ASX ASX Code: HTG

CONVERTIBLE NOTE RAISING OF $100,000

Harvest Technology Group Limited (ASX:HTG) ( Company, Harvest, Group ) advises confirmation of binding commitments for $100,000 from a sophisticated investor of Alto Capital.

The $100,000 of new funding will be via Unsecured Convertible Notes, which are subordinated to the secured convertible notes currently on issue on the following terms:

• 100 Unsecured Convertible Notes with a face value of $1,000 each

• $100,000 in total raised

• Maturity date of 27 November 2026

• 15% annual interest (9% per annum, paid in quarterly cash instalments, and 6% per annum capitalised with payment at maturity)

• Redemption or conversion at Noteholder’s election at maturity, with conversion permitted at any time at a fixed conversion price of 2.2c.

• The issue of the 100 Unsecured Convertible Notes will be completed using the Company’s existing capacity under ASX Listing Rule 7.1.

• End -

This announcement was authorised for release by the Board of Harvest Technology Group Limited.

Corporate & media enquiries, please contact:

Email: investor@harvest-tech.com.au

Investor enquiries, please contact:

Mr George Lazarou Company Secretary Tel: + 61 8 6245 9439 Email: investor@harvest-tech.com.au

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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370 ABN: 77 149 970 445

Announcement to ASX ASX Code: HTG

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About Harvest Technology Group

Harvest Technology Group Limited (ASX: HTG) is a global leader in network optimised remote operations that deliver real-time remote control, communication, automation, and monitoring capabilities. Headquartered in Perth, Australia, the group of companies is revolutionising remote field services with ultra-low bandwidth Network Optimised Livestreaming solutions that enable customers to stay connected to operations and personnel anywhere in the world while utilising just a fraction of existing bandwidth resources.

To learn more please visit: https://harvest.technology/

If you would like to receive the HTG Insights Newsletter for future updates, please visit our website and subscribe at the bottom of the page.

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices, or potential growth of Harvest Technology Group Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370 ABN: 77 149 970 445