SENSEN NETWORKS LIMITED — Capital/Financing Update 2021

Nov 8, 2021

ASX Release

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9 November 2021

Cleansing Notice under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 (Instrument)

Melbourne, Australia – World leading Sensor AI software solutions provider SenSen Networks Limited (ASX: SNS), (“SenSen” or “the Company”) announced on 5 November 2021 its intention to conduct a share purchase plan ( SPP ) to raise approximately $5 million (before costs), pursuant to which eligible shareholders will have the opportunity to apply for up to $30,000 worth of fully-paid ordinary shares in the Company ( New Shares ).

The New Shares will be issued at a price of $0.12 being 9.9% of the VWAP of the ordinary shares in SenSen calculated over the last 5 days on which sales in ordinary shares were recorded before the day on which the SPP was announced ( SPP Offer ).

The SPP Offer opens on Tuesday, 9 November 2021 and the SPP Offer Booklet ( SPP Booklet ) will be sent to eligible shareholders and lodged with the ASX on or about that same date.

In respect of the SPP Offer, the Company gives notice as required under Corporations Act 2001 (Cth) ( Act ) and ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( Instrument ) that:

• 1 the Company will be issuing the New Shares under the SPP without disclosure to eligible shareholders under Part 6D.2 of the Act;

• 2 this notice is being given to the ASX by the Company in accordance with the Instrument;

• 3 as at the date of this notice, the Company has complied with:

• (a) the provisions of Chapter 2M of the Act as they apply to the Company; and (b) section 674 of the Act; and

4 as at the date of this notice, there is no "excluded information" as defined in section 708A(7) or 708A(8) of the Act that has not already been disclosed to investors generally.

This release is approved by the Board of SenSen.

For further information, please contact:

Investor contacts: Media contacts: Citadel-MAGNUS Citadel-MAGNUS Vanessa Beresford James Strong vberesford@citadelmagnus.com jstrong@citadelmagnus.com Helen McCombie SenSen Networks hmccombie@citadelmagnus.com

SenSen Networks David Smith Executive Director and Company Secretary Email: info@sensennetworks.com

SenSen Networks Limited ACN 121 257 412 www.sensen.ai +61 (0)3 9417 5368

Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000

Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101

ASX Release

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About SenSen Networks Limited

SenSen Networks Limited (ASX:SNS; OTCQB:SNNSF) is a leading Sensor AI Data enterprise working with people, places and data to solve problems once thought technically impossible. The company’s patented network approach enables SenSen to offer customised, real-time and batch processing of data alongside SaaS solutions.

The Company’s technology fuses complex video and sensor datasets at high speeds across multiple networks to assess and inform strategic actions to its customers across its enterprise verticals: Smart Cities, Casinos, Retail, Smart Surveillance and Emerging Solutions. SenSen has clients on four continents and can be found in Australia, New Zealand, Singapore, USA, Canada, India and UAE.

Disclaimer – forward-looking statements

This release may contain forward-looking statements. These statements are based upon management’s current expectations, estimates, projections and beliefs in regards to future events in respect to SenSen's business and the industry in which it operates. These forward-looking statements are provided as a general guide and should not be relied upon as an indication or guarantee of future performance. The bases for these statements are subjected to risk and uncertainties that might be out of control of SenSen Networks Limited and may cause actual results to differ from the release. SenSen Networks Limited takes no responsibility to make changes to these statements to reflect change of events or circumstances after the release.

SenSen Networks Limited ACN 121 257 412 www.sensen.ai +61 (0)3 9417 5368

Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000

Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101