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PENTANET LIMITED Capital/Financing Update 2024

Mar 18, 2024

64260_rns_2024-03-18_69d903ef-ed6d-4961-8eb0-3e74435daa5c.pdf

Capital/Financing Update

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ASX: 5GG | ASX ANNOUNCEMENT 19 MARCH 2024

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PENTANET’S CLOUD UPGRADED TO BRING ANZ INTO NVIDIA’S GLOBAL GRAPHICS DELIVERY NETWORK

Pentanet Limited ( ASX:5GG, Pentanet or Company ) is today announcing the Company has worked with NVIDIA to upgrade its Gen 3 cloud infrastructure with NVIDIA L40 GPUs, to bring Pentanet into the NVIDIA Graphics Delivery Network ( GDN ).

GDN, available in over 130 countries, taps NVIDIA’s global cloud-to-edge streaming infrastructure to deliver smooth, high-fidelity, interactive experiences. Joining NVIDIA GDN will help Pentanet expand its compute capabilities beyond just GeForce NOW cloud gaming (GFN) and enable the Company to take advantage of additional industrial and commercial opportunities with its NVIDIA cloud infrastructure.

The NVIDIA L40 graphics processing unit (GPU), powered by the NVIDIA Ada Lovelace architecture, delivers revolutionary neural graphics, virtualisation, and compute capabilities for GPU-accelerated data centre workloads. Its third-generation RT Cores and industry-leading 48 GB of GDDR6 memory deliver up to twice the real-time ray-tracing performance of the previous generation to accelerate high-fidelity creative workflows, including real-time, full-fidelity, interactive rendering, 3D design, video streaming, and virtual production.

Pentanet Managing Director, Mr Stephen Cornish , said, "Joining the NVIDIA global Graphics Delivery Network will open a pathway to new commercial opportunities beyond gaming. The L40 GPU infrastructure brings the most advanced NVIDIA RTX capabilities to help power next-generation graphics and 3D interactive experiences.”

NVIDIA Senior Product Manager, Ms. Candice Mudrick , said “By offloading heavy compute tasks to GDN, businesses can easily bring websites to life in 3D and engage customers with interactive experiences like product configurators, metaverse collaboration spaces, and virtual try-on solutions.”

This announcement has been authorised for release by the Managing Director of Pentanet Limited, Mr Stephen Cornish.

For further information, please contact:

Mr. Stephen Cornish Mr. Arron Canicais Ms. Mart-Marie Derman Managing Director Joint Company Secretary Chief Financial Officer

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[email protected] +61 8 9466 2672

Unit 2, 8 Corbusier Place, Balcatta, WA 6021

ABN: 29 617 506 279

About Pentanet

Pentanet is a Perth-based, growth-focused telco delivering high-speed internet to a growing number of subscribers by providing next-generation internet speeds. This is achieved through Pentanet's market-leading private wireless network, the largest in Perth, as well as reselling fixed-line services such as nbn® and Opticomm.

The Company’s flagship wireless network has benefits for both customers and investors, offering an outstanding customer experience and a fixed wireless product that is technically superior to most of the nbn with attractive margins for investors. This sets Pentanet apart from most broadband providers, which typically only resell the nbn.

Pentanet is also part of the rollout of the next wave of subscription-based entertainment services – cloud gaming. The Company's Alliance Partner Agreement with NVIDIA allowed Pentanet to be the first to bring their GeForce NOW technology to Australia in 2021. Since launch, the platform has amassed over 530,000 users.

Pentanet invites existing and prospective shareholders to join the conversation within the Company’s interactive Investor Hub at investorhub.pentanet.com.au/

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[email protected] +61 8 9466 2672

Unit 2, 8 Corbusier Place, ABN: 29 617 506 279 Balcatta, WA, 6021