QORIA LIMITED — Capital/Financing Update 2021

Aug 8, 2021

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FAMILY ZONE COMPLETES PLACEMENT AND INSTITUTIONAL ENTITLEMENT OFFER

Highlights

• $114.1 million raised through the Placement and Institutional Entitlement Offer as part of Family Zone’s $146.4 million capital raising.

• The Placement and Entitlement Offer has been fully underwritten and was very well supported by a number of high quality existing and new institutional investors.

• The Retail Entitlement Offer to raise approximately $32.3 million will open on 11 August 2021.

• Funds raised are being used to fund the acquisition of Smoothwall and associated transaction costs.

Family Zone is pleased to announce that it has received binding commitments to raise $114.1 million through the issue of 207.4 million new fully paid ordinary shares ( Shares ) to sophisticated and institutional investors at an issue price of $0.55 each. The commitments comprise the Placement and Institutional Entitlement Offer portion of the recently announced $146.4 million capital raising with:

• 129.1 million Shares to be issued under the Placement; and

• 78.3 million Shares to be issued under the accelerated component of the Entitlement Offer ( Institutional Entitlement Offer ).

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Net proceeds from the Placement and Institutional Entitlement Offer will be used to fund the upfront consideration payable for the completion of the acquisition of the Smoothwall business.

The Company is raising a total of $146.4 million through a Placement and the pro-rata accelerated non-renounceable entitlement offer ( Entitlement Offer ) which has been fully underwritten by Shaw and Partners Limited and Euroz Hartleys Limited who acted as joint lead managers and underwriters. Argonaut Limited acted as co-manager.

Eligible retail shareholders in Australia, New Zealand, Singapore, Hong Kong and the United Kingdom will be invited to participate in the retail component of the Entitlement Offer ( Retail Entitlement Offer ) at the same Offer Price and offer ratio as the Institutional Entitlement Offer.

Under the Entitlement Offer, eligible retail shareholders are invited to subscribe for 5 new Shares for every 16 existing Shares held as at 5.00 pm (AWST) on Monday, 9 August 2021. The Retail Entitlement Offer will open on Wednesday, 11 August 2021 and close at 5:00pm (AWST) on Friday 20 August 2021.

Funds raised from the Retail Entitlement Offer will be predominantly be used to fund the deferred consideration payable for the Smoothwall acquisition due on 1 September 2021.

Please refer to the ASX announcement on 6 August 2021 for further details on the Placement and Entitlement Offer including the Entitlement Offer timetable and acquisition of the Smoothwall business.

This announcement was made on Monday 9 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 an emerging leader in the fast growing global cyber safety industry. Family Zone’s unique innovation is its patented cyber safety ecosystem, a platform enabling a world-first collaboration between schools, parents and cyber safety educators. Family Zone’s unique approach is delivering rapid growth in the education sector, as well as through direct sales and scalable reseller arrangements with telco providers.

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

Contacts

Tim Levy Managing Director timl@familyzone.com +61 413 563 333

Tim Dohrmann Investor Relations tim@nwrcommunications.com.au +61 468 420 846

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

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