NOVIQTECH LIMITED — Capital/Financing Update 2025

Jan 16, 2025

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PROPOSED LOYALTY OPTION ENTITLEMENT ISSUE

Sydney, 17 January 2025 — NoviqTech (ASX: NVQ ) is pleased to announce that it will be undertaking a pro-rata non-renounceable entitlement issue of new loyalty options to acquire shares ( New Options ) to all Eligible Shareholders (defined below) ( Offer ). The Company intends to lodge a Prospectus with the ASIC for the Offer on 21 January 2025.

Under the Offer, the Company will be issuing one (2) New Option for every three (3) Shares held by Eligible Shareholders at an issue price of $0.002 per New Option to raise up to $307,023. The New Options will be exercisable at $0.20, on or before the date that is two years from the date of issue.

The Company will apply for official quotation of the New Options with the ASX and trading of the New Options is expected to commence on or about 13 February 2025.

All Shareholders registered at 5.00pm EST on 28 January 2025 ( Record Date ) will be entitled to participate in the Offer ( Eligible Shareholders ). Eligible Shareholders who wish to subscribe for the New Options under the Offer will need to complete and return the personalised Application Form that will accompany the Prospectus. The Offer will not be extended and New Options will not be issued to Shareholders with a registered address which is outside Australia, New Zealand.

The Closing Date for the Offer is anticipated to be 5.00pm EST on 12 February 2025.

The Company will apply for official quotation of the New Options with the ASX and trading of the New Options is expected to commence on or about 13 February 2025.

Funds raised under the Offer will be applied to working capital.

NoviqTech Limited | ABN 37 622 817 421 | Level 16, 175 Pitt Street, Sydney, NSW, 2000

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Timetable and important dates*

ACTION	DATE
Lodgement of Prospectus with theASIC and ASX and Release of Appendix3B	17 January 2025
Ex date	28 January 2025
Record Date for determining Entitlements	29 January 2025
Offer opening date, Prospectus sent outto Shareholders and Companyannounces this has been completed	3 February 2025
Last day to extend the Closing Date ofthe Offer (prior to noon AEST)	7 February 2025 (before12:00PM AEST)
Closing Date for Offer as at 5:00pm**	12 February 2025
New Options quoted on a deferredsettlement basis	13 February 2025
ASX notified of under subscriptions	14 February 2025
Issue date and lodgement of Appendix2A with ASX applying for quotation ofthe New Options	19 February 2025 (before12:00PM AEST)

*These dates are indicative only and subject to change. The Company reserves the right, subject to the Corporations Act, the ASX Listing Rules and other applicable laws, to vary the dates of the Offer, including, but not limited to, extending the Closing Date or accepting late applications, either generally or in particular cases, without notifying you. You are encouraged to submit your application as soon as possible. Any extension of the Closing Date will have a consequential effect on the date of the issue of the New Options.

Authorised by the NoviqTech Board of Directors.

For any queries relating to this announcement, please contact: Investors@noviqtech.com.

NoviqTech Limited | ABN 37 622 817 421 | Level 16, 175 Pitt Street, Sydney, NSW, 2000

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About NoviqTech

NoviqTech (ASX: NVQ) leverages artificial intelligence and distributed ledger technology to offer trusted solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. Through its platforms, the company supports organisations worldwide in making data-driven decisions and driving sustainable growth.

Visit noviqtech.com for more information.

NoviqTech Limited | ABN 37 622 817 421 | Level 16, 175 Pitt Street, Sydney, NSW, 2000