STRATEGIC ELEMENTS LIMITED — Capital/Financing Update 2026

May 26, 2026

ASX Announcement (ASX: SOR)
Strategic Elements Ltd
Perth, Australia
27/05/2026

STRATEGIC ELEMENTS

SPP Funds to Accelerate Energy Ink, EdgeiQ and Discovery Pipeline

Strategic Elements Ltd (ASX: SOR) is pleased to advise that applications under its current Share Purchase Plan (SPP)¹ have exceeded the $1,000,000 base target, with approximately $1.2 million received within a few business days of the offer opening.

Due to the early response to the SPP, and mindful that some shareholders relying on postal delivery may only recently have received their documentation, the Board has resolved to accept oversubscriptions up to a maximum capped amount of $2,500,000 to accommodate additional shareholder participation (as contemplated by the terms of the SPP).

The additional funding provides flexibility to accelerate activities:

*Australian Advanced Materials - Energy Ink™ – Moisture Energy

Recent development has achieved more than a 1,000% increase in energy generation compared with ambient conditions².

The Company is advancing multiple Energy Ink™ development pathways, including a visual demonstration program designed to showcase the ability to boot up and complete a mobile phone call powered solely by moisture-derived energy.

Energy Ink is initially focused on applications where existing power sources face practical limitations (e.g. flexibility, operation without sunlight, low-toxicity materials and non-flammability).

Additional funding may accelerate:

• Materials development and integration across multiple pathways
• Technology demonstrations and scale-up
• International collaboration in battery denied and interactive applications

*Stealth Technologies - EdgeiQ™ – Operational Intelligence

EdgeiQ turns live operational data into better human and AI decisions through automation, robotics and computer vision. The long-term vision is to transform operational blind spots into operational intelligence that improves thousands of operational decisions.

Mining provides an attractive initial market because many of the same operational blind spots are repeated across thousands of operations globally. A significant commercial milestone was recently achieved through a pilot deployment with a major mining company.

EdgeiQ is initially focused on mining, with the underlying capabilities applicable across a range of industries facing similar challenges in capturing and utilising live operational data to improve human and AI decision-making.

Additional funding may accelerate:

• EdgeiQ platform development and enhancement
• Pilot deployments and commercialisation
• Expansion into new sectors (e.g. defence, construction)

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*Discovery Pipeline

Strategic Elements operates under the Pooled Development Fund program established to increase the supply of capital to Australian small and medium-sized enterprises through patient capital and tax incentives for eligible investors. It actively evaluates emerging technologies and new fields of innovation.

Strategic Elements focuses on opportunities at an early stage of development, where progress does not always move in straight lines and where the next significant advance can come from any direction.

Additional funding may accelerate:
- Expansion of the innovation pipeline
- Evaluation of new innovation opportunities
- Development of new ventures

SPP Applications

• There is no need to fill out and post the application form.
• Please use the BPAY or EFT payment reference details on the application form.
• If you have not received your form by email or post, please call Automic on 1300 288 664 or email corporate.action@automicgroup.com.au and provide your name and the holder name & address.
• Further information in relation to applying under the SPP is set out in the Offer Document and Prospectus released to ASX on 20 May 2026.

Eligible Shareholders (including Custodians) are encouraged to lodge applications as soon as possible.

This announcement was authorised for release by the Board of Strategic Elements Ltd.

About Strategic Elements

ASX-listed Strategic Elements backs early-stage Australian innovation — where a single result can change everything™. The Company operates under the Pooled Development Fund program.

For further information:
Matthew Howard, Company Secretary
E: admin@strategicelements.com.au
P: +61 8 9278 2788

Further information regarding the Pooled Development Fund program is available at https://business.gov.au/grants-and-programs/pooled-development-funds. Investors should consider obtaining independent taxation advice

$^{1}$ SOR Restricted Share Purchase Plan – 20/05/26
$^{2}$ SOR Targets First Breath-Powered Phone Call – 19/05/26