Scott Technology Limited — Share Issue/Capital Change 2026

May 21, 2026

NZX

NEW ZEALAND'S EXCHANGE TE PAEHOKO O AOTEAROA

Scott Technology

Capital Change Notice

Updated as at February 2025

Please do not amend or delete individual rows. As this template relates to prescribed content, changes to content should only be made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular element does not apply, mark the row as N/A. Any other changes to this prescribed form must first be approved by NZX as required under NZX Listing Rule 3.26.1.

Section 1: Issuer information
Name of issuer	Scott Technology Limited
NZX ticker code	SCT
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZSCTE0001S3
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	796,909
Nominal value (if any)	N/A
Issue/acquisition/redemption price per security	$2.229
Nature of the payment (for example, cash or other consideration)	Cash
Amount paid up (if not in full)	N/A
Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence)1	0.9387%
For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date)	N/A
Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here)	Issue of shares under SCT's Dividend Reinvestment Plan
Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption.	84,892,648 ordinary shares after the issue. No ordinary shares held as treasury stock after the issue.
In the case of an acquisition of shares, whether those shares are to be held as treasury stock	N/A
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made	Board resolution dated 14 May 2026 and NZX Listing Rule 4.8.1

1 The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

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Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements)	The new shares will rank equally with existing ordinary shares
Date of issue/acquisition/redemption²	21/05/2026
Section 3: Disclosure required for Placements made under Rule 4.5.1
[Issuers may opt to release Section 3 information (if not already done so) in a separate announcement within five Business Dats of the issuance. Delete this Section 3 if capital change is not the result of a Placement under Rule 4.5.1]
Details of the approach in identifying investors who were able to participate in the offer and how their respective allocations in the offer were determined.

The explanation must set out the key objectives and criteria the Issuer adopted in the allocation process, whether one of those objectives was a best effort to allocate on a pro rata basis to existing holders of the Issuer's Equity Securities, and any significant exceptions or deviations from those objectives and criteria. | [Issuers to include information required by Rule 4.17.9, or provide details of where that information can be found] |
| Section 4: Authority for this announcement and contact person | |
| Name of person authorised to make this announcement | Mike Christman, Chief Executive Officer |
| Contact person for this announcement | Mike Christman |
| Contact phone number | 03 478 8110 |
| Contact email address | mike.christman@scottautomation.com |
| Date of release through MAP | 21/05/2026 |

² Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).