ISOTEAM LTD. — Capital/Financing Update 2025

Sep 15, 2025

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ISOTEAM LTD.

(Incorporated in the Republic of Singapore)

(Company Registration Number 201230294M)

PROPOSED PLACEMENT OF CONVERTIBLE BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF UP TO S$3,000,000 (THE “PROPOSED CONVERTIBLE BOND PLACEMENT”) - ENTRY INTO SUBSCRIPTION AGREEMENTS

All capitalised terms used herein shall unless otherwise defined, have the meanings ascribed to them in the Company’s announcement dated 11 September 2025 in relation to the Proposed Convertible Bond Placement (the “ Previous Announcement ”).

The Board of Directors (the “ Board ”) of ISOTeam Ltd. (the “ Company ”, and together with its subsidiaries, the “ Group ”) refers to the Previous Announcement in connection with the Proposed Convertible Bond Placement and is pleased to announce that the Company has since entered into a Bond Subscription Agreement with each of the three (3) Bond Investors in connection with the subscriptions of the Bonds in the aggregate principal amount of S$3,000,000 by way of placement.

Each Bond Subscription Agreement entered into between the Company and the respective Bond Investor was on the same terms as disclosed by the Company in paragraph 3 of the Previous Announcement.

The Bonds have not been placed to any person who is a director and/or a substantial shareholder of the Company, an interested person as defined in Chapter 9 of the Catalist Rules, or any other person in the categories as set out in Rule 812(1) of the Catalist Rules. The conversion of the Bonds into the Conversion Shares will not result in a transfer of controlling interest (as defined in the Catalist Rules) of the Company to any of the Bond Investors.

The Company will continue to keep the Shareholders updated and release announcements relating to the Proposed Convertible Bond Placement (including any material developments and progress made) as may be appropriate from time to time.

Shareholders should note that the Proposed Convertible Bond Placement remains subject to, among others, the fulfilment of the conditions precedent pursuant to the Convertible Bond Placement Agreement and the Bond Subscription Agreements respectively. There is no certainty or assurance that the conditions precedent can be fulfilled or that the Proposed Convertible Bond Placement will be undertaken.

Shareholders and potential investors of the Company are advised to read this announcement and any further announcements made by the Company carefully and to exercise caution when trading in or dealing in the securities of the Company. Persons who are in doubt as to the action they should take should consult their stockbrokers, bank managers, solicitors or other professional advisers immediately.

ORDER OF THE BOARD ISOTEAM LTD.

Anthony Koh Thong Huat

Executive Director and Chief Executive Officer 15 September 2025

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This announcement has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.

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