ROCKETDNA LTD. — Capital/Financing Update 2024

Nov 26, 2024

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ASX Announcement

RocketDNA Completes Share Purchase Plan

HIGHLIGHTS

• Share Purchase Plan (SPP) raises $880,240 with strong shareholder support

• Total capital raised across Placement and SPP exceeds $3.35 million (before costs)

• Proceeds to support scaling operations and advancements in autonomous drone technology

27 November 2024, RocketDNA Ltd (ASX: RKT ) ( RocketDNA or the Company ), a technology service company that leverages AI and Autonomous Drones to provide mission-critical services for enterprise customers, is pleased to announce the successful completion of its Share Purchase Plan ( SPP ), which attracted overwhelming support from a diverse base of eligible shareholders. Initially targeting $500,000, the SPP was oversubscribed, prompting the Board to raise the cap, demonstrating strong shareholder demand.

The SPP raised $880,240 through the issuance of approximately 67.7 million fully paid ordinary shares at an issue price of $0.013 per share, representing a 13.4% discount to the 5-day volume-weighted average price (VWAP) prior to the SPP's record date. Proceeds from the SPP will complement the recent $2.5 million placement to professional and sophisticated investors, bringing the total funds raised to over $3.35 million (before costs).

The Company intends to use the funds raised towards:

• Manufacturing and scaling xBot® Inventory;

• Selective business development hires;

• Accelerating deployment of Drone as First Responder (DFR) Product;

• Enhancing software capabilities and Site Tube development;

• Advancing xBot® product development (Phase 2); and

• Strengthening financial position and debt management.

Managing Director & CEO of RocketDNA Christopher Clark, commented:

“The overwhelming support for the SPP is a testament to our shareholders' confidence in RocketDNA's strategy and vision. By increasing the SPP cap, we are now in a strong position to accelerate the roll-out of our DFR product and Phase 2 of xBot® development, enabling us to capitalise on emerging opportunities and further establish RocketDNA as a leader in autonomous drone solutions.”

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Strong Shareholder Engagement

The SPP saw participation from both retail and institutional shareholders, demonstrating broad-based support for RocketDNA's growth initiatives. Additionally, the Board of RocketDNA participated in the raise via Tranche 2 of the Placement (pending shareholder approval) and the SPP, underscoring their commitment to the Company's future. The Board thanks its shareholders for their commitment and confidence, which underlines the potential for RocketDNA's cutting-edge technology in transforming industries.

-ENDS-

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

For more 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

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 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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