NOVIQTECH LIMITED — Capital/Financing Update 2021

Jun 16, 2021

ASX ANNOUNCEMENT 17 June 2021

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TYMLEZ GROUP LIMITED

RIGHTS ISSUE RESULTS & SHORTFALL NOTIFICATION

Tymlez Group Limited (ASX: TYM, ‘ TYM’ or ‘ Company ’) advises that the recent renounceable pro-rata rights issue of 2 Shares for every 1 Share held, at an issue price of $0.01 per Share, as announced on 19 May 2021 (‘ Rights Issue ’), closed at 5pm (AEST) on 15 June 2021 (‘ Closing Date ’).

The Company is pleased to advise that the Company has received applications from Eligible Shareholders for a total of 325,714,241 ordinary shares at $0.01 per Share, raising $3,257,142.41 (before expenses) and leaving a shortfall of 258,359,501 Shares (‘ Shortfall Shares ’).

The Company has also received applications for 116,415,306 Shortfall Shares from a number of Eligible shareholders who accepted their Entitlement in full.

In addition, Sequoia Corporate Finance Pty Ltd, the lead manager for the Rights Issue, has also secured binding commitments from professional and sophisticated investors, which are not related parties of the Company, to subscribe for 100% of the Shortfall Shares.

The Company will, in consultation with Sequoia Corporate Finance Pty Ltd, scale back the Shortfall Shares in accordance with the Offer Document for the Rights Issue dated 19 May 2021.

As the Shortfall Shares are over-subscribed, there is no guarantee that any application for Shortfall Shares received by the Company will be accepted by the Company in full or in part.

If and to the extent the Company scales back any applications for Shortfall Shares under the Shortfall Offer, any Application Monies will be returned (without interest) as soon as practicable.

The allotment and issue of 325,714,241 Shares under the Rights Issue is expected to occur in accordance with the timetable on Friday 18 June 2021, while the allotment and issue of the Shortfall Shares is expected to occur on Friday 25 June 2021.

The Board of the Company would like to express appreciation to participating shareholders for their ongoing support of the Company.

Authorised by the Board of Directors.

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Justyn Stedwell Company Secretary On behalf of the Board of Directors Tymlez Group Limited

TYMLEZ GROUP LIMITED ACN 622 817 421 Suite 1.03, 2 Queen St Melbourne VIC 3000 03 8395 5446