QORIA LIMITED — Capital/Financing Update 2021

Aug 24, 2021

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SUCCESSFUL COMPLETION OF RETAIL ENTITLEMENT OFFER

Highlights

• Successful completion of Retail Entitlement Offer raising ~$24.5 million.

• Total retail shareholder application received of approximately 76% of the shares offered under the Retail Entitlement Offer.

• New Shares subscribed for under the Retail Entitlement Offer are being issued today.

On 6 August 2021 the Company announced a fully underwritten ~$146.4 million Capital Raising comprising:

• Pro-rata accelerated non-renounceable entitlement offer to raise ~$75.4 million ( Entitlement Offer ); and

• Placement to institutional investors and sophisticated investors to raise ~$71.0 million ( Placement )

The Entitlement Offer comprised an accelerated institutional competent ( Institutional Entitlement Offer ) and a retail component ( Retail Entitlement Offer ).

The Placement and Institutional Entitlement Offer settled successfully on 13 August 2021 raising ~$114.1million.

The Company is extremely pleased to advise that eligible retail shareholders have applied for 44.6 million new Shares under the Retail Entitlement Offer at $0.55 each raising $24.5 million. This represents take up of entitlements by eligible retail shareholders of approximately 76%.

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There was a shortfall of approximately 14.1 million new Shares ($7.8 million) between the number of new Shares subscribed for by eligible retail shareholders and the number of new Shares offered under the retail Entitlement Offer. The shortfall will be allocated by the joint lead managers and underwriters in accordance with the terms of the Underwriting Agreement.

Shaw and Partners Limited and Euroz Hartleys are acting and joint lead managers and underwriters to the Capital Raising. Argonaut Limited acted as co-manager.

This announcement was made on 25 August 2021 and was authorised by the Board of Family Zone Cyber Safety Limited.

About Famil Zone y

Family Zone, supporting and protecting every child’s digital journey, is an ASX-listed technology company and a global leader in the fast growing global cyber safety industry with a service footprint of in excess of 18,000 schools and 9 million students across the US, UK and Australia and New Zealand.

To learn more about the Family Zone platform and the Company please visit www.familyzone.com.

Contacts

Tim Levy Tim Dohrmann Managing Director Investor Relations timl@familyzone.com tim@nwrcommunications.com.au +61 413 563 333 +61 468 420 846

Family Zone Cyber Safety Ltd 945 Wellington Street West Perth, WA 6005

Ends.

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