REMSENSE TECHNOLOGIES LIMITED — Capital/Financing Update 2025

Oct 22, 2025

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ASX ANNOUNCEMENT

23 October 2025

Chevron Extends Partnership with RemSense in Major Contract Award

Highlights

• US$770,156 (A$1,185,850) contract awarded by Chevron U.S.A. Inc for advanced asset-visualisation services

• Extends RemSense’s long-term partnership and record of delivery under its global Services Agreement with Chevron

• Follows the recent Shell contract , highlighting growing adoption of virtualplant by Tier-1 global energy clients

• Validates RemSense’s technology leadership in digital-twin and high-resolution photogrammetry solutions

RemSense Technologies Limited ( ASX: REM ) ( RemSense or the Company ) is pleased to announce that it has been awarded a significant new contract from Chevron U.S.A. Inc valued at US$770,156 (A$1,185,850)

The project will commence immediately and is scheduled for completion prior to the end of calendar year 2025. It will see RemSense deliver advanced high-resolution photogrammetry scanning and image processing services for their Liquefied Natural Gas (LNG) facilities. This contract builds upon a series of successful projects delivered under the global Services Agreement and underscores Chevron’s continued confidence in RemSense’s ability to deliver cutting-edge asset visualisation solutions.

This award follows closely after RemSense’s initial Shell contract announced earlier this month, further consolidating the Company’s position as a trusted provider of innovative asset visualisation technologies to Tier 1 global energy companies. Together, these recent wins highlight the growing confidence that major global clients place in RemSense’s expertise driving improved safety, efficiency, and productivity.

Ross Taylor, RemSense Chairman, said:

“ Chevron has been a trusted partner of RemSense for many years, and this contract highlights both the strength of our collaboration and the confidence Chevron places in our ability to innovate. Coming soon after our Shell announcement, it demonstrates the

ACN 648 834 771

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momentum we are building as Tier 1 global energy companies adopt our technology to deliver tangible improvements in safety, efficiency, and productivity. ”

There are no material terms or conditions precedent requiring satisfaction to enable the contract works to be fulfilled, and there are no terms or conditions to the contract considered outside of normal commercial terms and conditions, including termination clauses.

ENDS

This announcement has been approved for release by the Board of RemSense Technologies Limited.

For further information:

Warren Cook

Managing Director / Chief Executive Officer +61 8 6118 5610

rem@remsense.com.au

About RemSense

RemSense Technologies Limited ( ASX:REM ) is a pioneer in advanced digital asset visualisation, delivering proven solutions to global energy and resources clients. Its proprietary virtualplant platform transforms high-resolution 3D imagery into intelligent visual twins, providing an intuitive and immersive environment for asset management. By combining precision photogrammetry with powerful data integration, virtualplant enables clients to optimise productivity, enhance safety, and reduce operational costs, demonstrating RemSense’s expertise in turning cutting-edge technology into tangible value.