MICRO-X LIMITED — Capital/Financing Update 2025

Feb 24, 2025

Extension of Retail Entitlement Offer

Offer to close at 5.00pm (AEDT) on Friday 14 March 2025

Adelaide, Australia, 25 February 2025: Australian hi-tech company Micro-X Ltd (ASX:MX1) ( Micro-X or the Company ), today announces the extension of the closing date of the Retail Entitlement Offer, to enable Eligible Shareholders more time to participate in the Retail Entitlement Offer.

and New Zealand ( Eligible Shareholders ) have the opportunity to apply for 1 new share for every 10 shares they hold as at the Record Date, being 7:00pm (AEDT) on Monday, 10 February 2025 at an issue price of A$0.07 per New Share ( Retail Entitlement Offer ). The Retail Entitlement Offer will now close at 5.00 pm (Sydney time) on Friday, 14 March 2025 and valid acceptances must be received before that time.

Eligible Shareholders can choose to take up all, part, or none of their entitlements. The Retail Entitlement Offer also includes a ‘top-up’ Facility under which Eligible Shareholders who take up their entitlement in full may also apply for additional new shares representing up to 400% of their entitlement.

The revised Timetable for the Retail Entitlement Offer is as follows:

Event	Date
Record date for Retail Entitlement Offer	7.00pm, Monday, 10 February 2025
Retail Entitlement Offer opening date	Thursday, 13 February 2025
Retail Entitlement Offer close date	5.00pm, Friday, 14 March 2025
Settlement of Retail Entitlement Offer	Tuesday, 18 March 2025
Announcement of Results of Retail Entitlement Offer	before 9:00am, Thursday, 20 March 2025
Allotment of Shares under the Retail Entitlement Offer	before 12:00pm Thursday, 20 March 2025
Normal Trading of Retail Entitlement Offer Shares	Friday, 21 March 2025

• The Lead Managers and the Company reserve the right to vary these dates. All times are Australian Eastern Daylight Time unless otherwise indicated

For further information regarding the Retail Entitlement Offer, call +61 8 7099 3966 between 8.30am to 5.30pm (Sydney time) Monday to Friday during the Retail Entitlement Offer period.

This ASX Announcement is authorised by the Board of Micro-X.

– ENDS –

About Micro-X

Micro-X Limited is an ASX listed hi-tech company developing and commercialising a range of innovative products for global health and security markets, based on proprietary cold cathode, carbon nanotube (CNT) emitter technology. The electronic control emitters with this technology enables x-ray products with significant reduction in size, weight, and power requirements, enabling greater mobility and ease of use in existing x-ray markets and a range of new and unique security applications. Micro-X has a fully vertically integrated design and production facility in Adelaide, Australia. A growing technical and commercial team based in Seattle is rapidly expanding Micro-X’s US business.

Micro-X’s product portfolio spans a number of high margin, product applications in health and security. The first mobile digital radiology products are currently sold for diagnostic imaging in global healthcare, military and veterinary applications. The US Department of Homeland Security has contracted Micro-X to design a next-generation Airport security checkpoint. A miniature brain CT imager for pre-hospital stroke diagnosis in ambulances, is being developed with funding from the Australian Government’s Medical Research Future Fund. In November 2024, US Government agency ARPA-H contracted Micro-X to develop a full-body CT.

For more information visit: www.micro-x.com

Micro-X Ltd. ABN 21 153 273 735, 1284 South Road, MAB Gate 2, Tonsley, South Australia 5042 www.micro-x.com

Contacts

Contacts
Micro-X Limited	Investor Enquiries
Kingsley Hall, Chief Executive OfcerRebecca Puddy, Head of Corporate CommunicationsTel: +61 8 7099 3966Email: media@micro-x.com	David Allen / John GrangerHawkesbury PartnersTel: +61 2 9103 9494Email: dallen@hawkesburypartners.comjgranger@hawkesburypartners.com

Micro-X Ltd. ABN 21 153 273 735, 1284 South Road, MAB Gate 2, Tonsley, South Australia 5042 www.micro-x.com