HYDRIX LIMITED — Interim / Quarterly Report 2026

Feb 1, 2026

==> picture [138 x 43] intentionally omitted <==

ASX Announcement

2 February 2026

==> picture [176 x 191] intentionally omitted <==

Amended Appendix 4C

Hydrix Limited (ASX: HYD ) releases an amended Appendix 4C for the quarter ended 31 December 2025.

The amended Appendix 4C replaces the previous Appendix 4C lodged with ASX on 30 January 2026, which contained a typographical error at item 1.1 (Receipts from customers during the quarter was $3,386,000 instead of $2,386,000).

Ends ----

This announcement is authorised for release by the Board of Directors of Hydrix Limited.

For more information, please contact:

Company Enquiries: Gavin Coote - Executive Chairman info@hydrix.com +61 3 9550 8100 Media Enquires: Rod North - Managing Director, Bourse Communications rod@boursecommunications.com.au +61 3 9510 8309

About Hydrix Limited

Hydrix Limited’s (ASX: HYD) mission is to harness the full potential of its innovation capability to deliver high impact technologies that empower lives. The company leverages its powerful product innovation capability across three business segments: Services : design, engineer and deliver world first products and innovation; Ventures : invest in high potential medtech clients; and Medical : distribute disruptive cardiovascular products.

Follow Hydrix for more news

For regular Hydrix News, follow us on LinkedIn

HYDRIX Limited | ASX: HYD | hydrixltd.com ACN 060 369 048 30-32 Compark Circuit Mulgrave VIC 3170 Australia

2 February 2026 | 1

Rule 4.7B

Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

Name of entity

Hydrix Limited

ABN 84 060 369 048

Quarter ended (“current quarter”) 31 December 2025

Consolidated statement of cash flows	Current quarter $A’000 Year to date (6 months) $A’000
1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a)research and development (b)product manufacturing and operating costs (c)advertising and marketing (d)leased assets (e)staff costs (f) administration and corporate costs 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Government grants and tax incentives 1.8 Other (provide details if material) 1.9 Net cash from / (used in) operating activities 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a)entities (b)businesses (c)property, plant and equipment (d)investments	3,386 6,335 - - (243) (392) (51) (88) (247) (494) (2,265) (4,692) (443) (825) - - - 17 (88) (128) - - - 39 - -
	49 (228)
	- - - - (4) (9) - -

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Legal/94322015_2

Page 1

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

Consolidated statement of cash flows	Current quarter $A’000 Year to date (6 months) $A’000
(e)intellectual property (f) other non-current assets 2.2 Proceeds from disposal of: (a)entities (b)businesses (c)property, plant and equipment (d)investments (e)intellectual property (f) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (provide details if material) 3.10 Net cash from / (used in) financing activities 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above)	- - - - - - - - 1 1 - - - - - - - - - - - -
	(3) (8)
	- - - - - - - - 430 880 (202) (360) - - - - - -
	228 520
	308 298 49 (228)

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 2

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

Consolidated statement of cash flows	Current quarter $A’000	Year to date (6 months) $A’000
4.3 Net cash from / (used in) investing activities (item 2.6 above) (3) 4.4 Net cash from / (used in) financing activities (item 3.10 above) 228 4.5 Effect of movement in exchange rates on cash held - 4.6 Cash and cash equivalents at end of period 582 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 5.1 Bank balances 582 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 582 6. Payments to related parties of the entity and their associates 6.1 Aggregate amount of payments to related parties and their associates included in item 1 6.2 Aggregate amount of payments to related parties and their associates included in item 2	(3) 228 -	(8) 520
	582	582
	Current quarter $A’000	Previous quarter $A’000
	582	308
	582	308
		Current quarter $A'000
		57 0

Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.

The amount at 6.1 includes full-time salary payments to the Executive Chairman

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 3

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. 7.1 Loan facilities 7.2 Credit standby arrangements 7.3 Other (please specify) 7.4 Total financing facilities	Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000
	5,972 5,810 - - 987 976
	6,959 6,786

Other financing facilities include a TradePlus24 Credit line facility of 80% of Trade Debtors up to $1.0m.

• 7.5 Unused financing facilities available at quarter end ($A’000) $ 13

• 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well.

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 4

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

Lender	Loan Amount	Interest rate (p.a)	Maturity date	Security
E.L.G. Nominees Pty Ltd1	$ 250,000	8.0%	30/06/2024	Unsecured
E.L.G. Nominees Pty Ltd1,8	$ 500,000	10.0%	11/10/2026	Unsecured
John W King Nominees2,8	$ 1,500,000	10.0%	11/10/2026	Unsecured
John W King Nominees	$ 500,000	11.0%	1/10/2026	Unsecured
John W King Nominees	$ 1,150,000	12.0%	1/10/2026	Unsecured
Invia Custodian Pty Limited3,8	$ 500,000	10.0%	11/10/2026	Unsecured
Invia Custodian Pty Limited3	$ 500,000	12.0%	1/10/2026	Unsecured
PAJ Lewis Pty Ltd4	$ 100,000	12.0%	1/10/2026	Unsecured
PAJ Lewis Superannuation Fund Pty Ltd5	$ 500,000	12.0%	1/10/2026	Unsecured
P K W Superannuation Pty Ltd6,8	$ 100,000	10.0%	11/10/2026	Unsecured
Paul Wright	$ 25,000	12.0%	1/10/2026	Unsecured
Beachridge Advisory7	$ 25,000	12.0%	1/10/2026	Unsecured
Non-Related Parties Convertible Note8	$ 322,000	10.0%	11/10/2026	Unsecured
TradePlus249	$ 1,000,000	12.1%	31/3/2026	Secured

1 E.L.G. Nominees Pty Ltd is a company associated with Joanne Bryant, a former Non-Executive Director of Hydrix. 2 John W King Nominees is a company associated with Julie King, a Non-Executive Director of the Company. 3 Invia Custodian Pty Limited is a company associated with Paul Lewis, a Non-Executive Director of the Company. 4 PAJ Lewis Pty Ltd is a company associated with Paul Lewis, a Non-Executive Director of the Company. 5 PAJ Lewis Superannuation Fund Pty Ltd is a company associated with Paul Lewis, a Non-Executive Director of the Company 6 P K W Superannuation Pty Ltd is a company associated with Paul Wright, a Non-Executive Director of the Company. 7 Beachridge Advisory is a company associated with Gavin Coote, an Executive Director of the Company. 8 These loans represent Convertible Notes held in Hydrix Limited. 9 Interest is charged at 8.6% + 30 day BBSW bid rate. Interest rate displayed shows rate as at 30 September 2025. Maximum facility available of $1.5m. Balance is secured against Trade Debtors in the Hydrix Services business.

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 5

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

8. Estimated cash available for future operating activities 8.1 Net cash from / (used in) operating activities (item 1.9) 8.2 Cash and cash equivalents at quarter end (item 4.6) 8.3 Unused finance facilities available at quarter end (item 7.5) 8.4 Total available funding (item 8.2 + item 8.3) 8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1)	$A’000
	49 582 13 595
	N/A

Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.5.

• 8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions:

• 8.6.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?

Answer: N/A

• 8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?

Answer: N/A

• 8.6.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?

Answer: N/A

Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered.

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 6

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

Compliance statement

1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

• 2 This statement gives a true and fair view of the matters disclosed.

Date: 30 January 2026

Authorised by: Board of Directors

(Name of body or officer authorising release – see note 4)

Notes

1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.

2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.

3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.

5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

Page 7