READCLOUD LIMITED — Capital/Financing Update 2025

Mar 3, 2025

ASX Release

4 March 2025

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Exercise of Options

ReadCloud Limited (ASX:RCL) (“ ReadCloud ”) advises that a total of 4,966,279 unlisted options exercisable at 10 cents were exercised prior to their expiry on 1 March 2025, resulting in a capital injection of $0.50 million. As previously announced, Directors and key management personnel exercised 1.96 million of these options.

This announcement is authorised for release to the market by the Company Secretary of ReadCloud Limited.

CONTACT: Investors & Media: Luke Murphy, Chief Financial Officer +61 409 933 924

About ReadCloud Limited

ReadCloud is a leading provider of eLearning software solutions and training supporting schools and educational institutions.

ReadCloud’s eReader platform creates an engaging and collaborative learning environment with seamless access to dynamic, interactive digital content from leading publishers. Teachers and students benefit from social annotations, media-rich embedding options, cross-platform compatibility, and an engaging text-to-speech feature available in 120 languages.

ReadCloudVET enables the delivery of 50 qualifications to 15,000 learners across three specialist Registered Training Organisations (RTOs) in Vocational Education and Training Delivered to Secondary School Students.

ReadCloud’s strong connection to industry and career pathways extends to Southern Solutions Training Services, an RTO specialising in flexible and blended training models including delivery in a genuine workplace environment for qualifications in Early Childhood Education and Care, Business, Aged Care, Hospitality, Logistics and Real Estate.

Readcloud Limited | 126 Church Street, Brighton, Victoria, 3186 P +61 3 94078 4833 | W www.readcloud.com ABN 44 136 815 891