IDENTITII LIMITED — Capital/Financing Update 2025

Dec 23, 2025

Appendix 3B - Proposed issue of securities

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Update Summary Entity name IDENTITII LIMITED Announcement Type Update to previous announcement Date of this announcement 24/12/2025 Reason for update to a previous announcement To extend the closing date by 10 days Refer to next page for full details of the announcement

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

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Part 1 - Entity and announcement details

1.1 Name of +Entity

IDENTITII LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ABN

Registration Number

83603107044

1.3 ASX issuer code

ID8

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

To extend the closing date by 10 days

1.4b Date of previous announcement to this update

4/12/2025

1.5 Date of this announcement

24/12/2025

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is:

• Non-renounceable

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Appendix 3B - Proposed issue of securities

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Part 3 - Details of proposed entitlement offer issue

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? No

Part 3B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

ID8 : ORDINARY FULLY PAID

Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Existing class

Will the proposed issue of this If the entity has quoted company +security include an offer of options, do the terms entitle option attaching +securities? holders to participate on exercise? No No

Details of +securities proposed to be issued

ASX +security code and description ID8 : ORDINARY FULLY PAID

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

ISIN Code for the entitlement or right to participate in a non-renounceable issue (if Issuer is foreign company and +securities do not have +CDIs issued over them)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued) The quantity of additional +securities For a given quantity of +securities to be issued held

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Appendix 3B - Proposed issue of securities

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What will be done with fractional Maximum number of +securities entitlements? proposed to be issued (subject to rounding) Fractions rounded up to the next 411,506,773 whole number

Offer price details for retail security holders

In what currency will the offer be What is the offer price per +security made? for the retail offer? AUD - Australian Dollar AUD 0.00700

Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?

Yes

Describe the limits on over-subscription

The Shortfall Offer will be managed to ensure that no Shareholder goes above the 20% threshold imposed by section 606 of the Corporations Act.

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

The factors influencing the allocation of Shortfall Shares by Directors include the number applied for, the timeliness of the bid, the Company's desire to expand its spread of institutional shareholders, the size and type of funds under management, the overall level of demand and likelihood of the applicant being a long term shareholder, supporting the Company post the Offer by purchasing shares on market and support for future funding rounds.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Part 3C - Timetable

3C.1 +Record date

10/12/2025

3C.2 Ex date

9/12/2025

3C.4 Record date

10/12/2025

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3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue 15/12/2025 3C.6 Offer closing date 19/1/2026 3C.7 Last day to extend the offer closing date 14/1/2026 3C.9 Trading in new +securities commences on a deferred settlement basis 20/1/2026 3C.11 +Issue date and last day for entity to announce results of +pro rata issue 27/1/2026 3C.12 Date trading starts on a normal T+2 basis 28/1/2026 3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis 30/1/2026 Part 3E - Fees and expenses 3E.1 Will there be a lead manager or broker to the proposed offer? No 3E.2 Is the proposed offer to be underwritten? Yes 3E.2a Who are the underwriter(s)? Beauvais Capital Pty Ltd (ACN 130 200 163) as trustee for The Reginald Hector Trust 3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)? The Underwriter has agreed to partially underwrite up to $1,438,246 of the Shortfall Offer, which represents a total of up to 205,436,714 Shares 3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)? The Company will issue the Underwriter one (1) Option for every two (2) Underwritten Shares applied for under the Underwriting, exercisable at $0.014 each on or before the date that is five (5) years from the date of issue. 3E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated See section 3.10 of the Offer Document 3E.2e Is a party referred to in listing rule 10.11 underwriting or sub-underwriting the proposed offer? No 3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No 3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

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Appendix 3B - Proposed issue of securities

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Part 3F - Further Information

3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

Funds raised will be used to progress the strategy outlined in the Company¿s latest investor presentation, communicated to shareholders on 27 November 2025.

3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining entitlements to the issue? No

3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful? No 3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed issue Nil

3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing +securities No 3F.6 URL on the entity's website where investors can download information about the proposed issue

3F.7 Any other information the entity wishes to provide about the proposed issue

3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)? Yes

3F.9 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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