ROCKETDNA LTD. — Capital/Financing Update 2020

Sep 24, 2020

ASX Announcement

25 September 2020

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Cancellation of Performance Options

Drone Safety Systems company, ParaZero Limited (ASX: PRZ) ( ParaZero or the Company ) advises that it has today cancelled the following Performance Options.

Security Description

Number

Class A Performance Options Expiring 13 June 2023 @ $0.20 16,085,363 Class B Performance Options Expiring 13 June 2023 @ $0.20 11,370,724 Class C Performance Options Expiring 13 June 2023 @ $0.20 11,770,724

The Company has no further Performance Options on issue.

-ENDS-

For more information, please contact: Corporate enquiries Stephen Buckley Company Secretary P: +61 (0)8 6189 1155

About ParaZero Limited

ParaZero (www.parazero.com) was founded in 2014 to accomplish a vision to enable the drone industry to realise its greatest potential. ParaZero offers a smart and intuitive solution to enable drone industry growth by designing, developing and providing best-in-class autonomous safety systems for commercial drones.

Parazero Limited ACN 618 678 701 T: +61 8 6189 1155 | A: Level 27, 101 Collins Street, Melbourne Vic 3000