ROCKETDNA LTD. — Board/Management Information 2025

Jul 8, 2025

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ASX Announcement

RocketDNA Appoints Advisory Board to Support Strategic Growth

HIGHLIGHTS

• Advisory Board established to provide strategic guidance on capital markets, robotics, international growth, and commercialisation

• Three high-calibre appointments with expertise across investment banking, clean technology, and mining automation

• Builds RocketDNA’s credibility and reach across mining, defence, infrastructure, and international investment sectors

• Supports the Company’s strategy to scale revenue and secure strategic partnerships across high-value markets

9 July 2025, RocketDNA Ltd (ASX: RKT ) ( RocketDNA or the Company ), a technology services company specialising in AI-powered drone solutions, is pleased to announce the formation of a strategic Advisory Board, comprising three accomplished professionals with expertise across capital markets, industrial automation, clean energy, and global commercialisation.

The Advisory Board has been established to provide strategic insight and an external perspective as RocketDNA scales its technology platform and strengthens its commercial partnerships. Advisory Board members will give non-binding, non-governance input to the Board and executive team.

Chairman of RocketDNA, David Morton, commented:

“The formation of our Advisory Board is a timely and strategic step as RocketDNA enters its next phase of growth. Each of our appointees brings a unique set of skills that aligns with the opportunities we are pursuing – from automation and robotics to clean technology and international expansion. We are delighted to welcome Michael, Helena and Todd and look forward to their contribution as we build a scalable, globally relevant technology business.”

Advisory Board Appointments

Mr Michael Spencer – Michael Spencer is a capital markets executive with more than two decades of experience in listed equities, private wealth, and venture-backed growth companies. He was most recently Chief Commercial Officer at Stacked Farm, Australia's first fully automated vertical farming company, where he played a pivotal role in securing over $120 million in equity and debt funding to align the business with strategic partners and support significant business growth during his tenure.

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Michael’s previous experience includes advising ultra-high-net-worth clients and growth-stage businesses on equity and debt strategy, capital raising, and risk management at Westpac Private Bank, Morgan Stanley, and Macquarie. He holds a Bachelor’s Degree in Business (Finance and Financial Economics), a Graduate Diploma in Applied Finance, and is RG146 accredited.

Ms Helena Lang – Helena is a strategic advisor and experienced non-executive director with more than 20 years of board and executive experience spanning aviation, logistics, infrastructure, and emerging technologies. She is the Managing Director of Phronesis Link, where she advises international clients on mergers and acquisitions (M&A), sustainability, and market expansion into Asia.

Helena has served as a Board Advisor to Syn X Energy, Aerologix (an AI drone technology firm), and held senior leadership roles with Qantas, Jetstar, and Hawker Pacific, where she oversaw the launch of new joint ventures and infrastructure projects in Asia. She is a graduate of the AICD, holds a Master of Aircraft Design, and a postgraduate diploma in commerce from UNSW.

Mr Todd Peate – Todd is a globally experienced industrial services and technology executive with a track record of innovation leadership in mining, robotics, and automation. He is currently the CEO of Jevons Robotics, a Perth-based company that designs and manufactures battery-electric autonomous vehicles to eliminate high-risk tasks in mining environments.

Todd previously served in senior executive roles with Orica, where he held various positions, including Vice President of Australia Pacific and Vice President of Marketing for 10 years and as Chief Development Officer at Bis Industries. He has an Executive MBA, a Bachelor of Commerce, and qualifications from INSEAD and the AICD.

Remuneration

On commencement, Advisory Board members will each be granted 2,000,000 options in RocketDNA Limited, with an exercise price of $0.02 (two cents) per option, a vesting date of 30 May 2027 and an expiry date of 30 May 2029, to be issued utilising the Company’s capacity under Listing Rule 7.1. Terms and Conditions of the options are attached to this announcement.

These options are designed to align the interests of the Advisory Board with those of the Board of Directors and shareholders as RocketDNA advances its growth strategy.

-ENDS-

This announcement has been authorised for release by the Board of RocketDNA Ltd.

For information, please contact:

Christopher Clark Mark Flynn Managing Director & CEO Investor Relations contact@rocketdna.com investors@rocketdna.com +61 (0)8 6245 9194 +61 (0) 416 068 733

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RocketDNA Ltd (ASX: RKT) is a multinational drone-based data service and technology provider, listed on the ASX, offering aerial surveying, mapping, security, surveillance, and asset inspection for enterprise customers in the mining, agricultural, and engineering sectors. Through fully-outsourced, AI-driven solutions, RocketDNA remotely operates drone systems, enabling customers to focus on ground operations while ensuring fast data turnaround. The company generates revenue through multi-year contracts and short-term projects with major clients, including Tier 1 and Tier 2 miners such as Rio Tinto, BHP, South32, Newmont, Vault Minerals, and Seriti Coal. RocketDNA operates primarily in Australia and Africa, with regional offices in Perth, Johannesburg, and Accra.

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TERMS AND CONDITIONS OF ADVISORY BOARD OPTIONS

1.	Entitlement	Subject to paragraph 13, Each Option entitles the holder to subscribe for one Share upon exercise of the Option.
2.	Exercise Price	Subject to paragraph 10, the amount payable upon exercise of each Option will be $0.02 (two cents) (Exercise Price).
3.	Expiry Date	Each Option will expire at 5:00 pm (AEST), 30 May 2029 (Expiry Date). An Option not exercised before the Expiry Date will automatically lapse on the Expiry Date
4.	Vesting Date	The Options vest on 30 May 2027 and provided the holder remains engaged in the Group on that date (Vesting Date).
5.	Exercise Period	The Options are exercisable at any time on or prior to the Expiry Date (Exercise Period).
6.	Exercise Notice	The Options may be exercised during the Exercise Period by notice in writing to the Company in the manner specified on the Option certificate (Exercise Notice) and payment of the Exercise Price for each Option being exercised in Australian currency by electronic funds transfer or other means of payment acceptable to the Company.
7.	Exercise Date	An Exercise Notice is only effective on and from the later of the date of receipt of the Exercise Notice and the date of receipt of the payment of the Exercise Price for each Option being exercised in cleared funds (Exercise Date).
8.	Timing of issue of Shares on exercise	Within five Business Days after the Exercise Date, the Company will: (a) issue the number of Shares required under these terms and conditions in respect of the number of Options specified in the Exercise Notice and for which cleared funds have been received by the Company; (b) if required, give ASX a notice that complies with section 708A(5)(e) of the Corporations Act, or, if the Company is unable to issue such a notice, lodge with ASIC a prospectus prepared in accordance with the Corporations Act and do all such things necessary to satisfy section 708A(11) of the Corporations Act to ensure that an offer for sale of the Shares does not require disclosure to investors; and (c) if admitted to the official list of ASX at the time, apply for official quotation on ASX of Shares issued pursuant to the exercise of the Options. If a notice delivered under 8(b) for any reason is not effective to ensure that an offer for sale of the Shares does not require disclosure to investors, the Company must, no later than 20 Business Days after becoming aware of such notice being ineffective, lodge with ASIC a prospectus prepared in accordance with the Corporations Act and do all such things necessary to satisfy section 708A(11) of the Corporations Act to ensure that an offer for sale of the Shares does not require disclosure to investors.
9.	Shares issued on exercise	Shares issued on exercise of the Options rank equally with the then issued shares of the Company.

10.	Reorganisation	If there is a reorganisation of the issued share capital of the Company (including any subdivision, consolidation, reduction, return or cancellation of such issued capital of the Company), the rights of the holder will be changed to the extent necessary to comply with the ASX Listing Rules applicable to a reorganisation of capital at the time of the reorganisation.
11.	Participation in new issues	There are no participation rights or entitlements inherent in the Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Options without exercising the Options.
12.	Change in exercise price/Adjustment for rights issue	An Option does not confer the right to a change in Exercise Price or a change in the number of underlying securities over which the Option can be exercised.
13.	Adjustment for bonus issues of Shares	If the Company makes a bonus issue of Shares or other securities to existing Shareholders (other than an issue in lieu or in satisfaction of dividends or by way of dividend reinvestment): (a) the number of Shares or other securities which must be issued on the exercise of an Option will be increased by the number of Shares or other securities which the holder would have received if the holder had exercised the Option before the record date for the bonus issue; and (b) no change will be made to the Exercise Price.
14.	Transferability	The Options will not be transferrable.