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SWIFT TV LTD Capital/Financing Update 2025

Aug 20, 2025

65874_rns_2025-08-20_8b754aed-2fcc-4cdc-ac1a-dbe5aaf9552f.pdf

Capital/Financing Update

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----- Start of picture text ----- Swift Networks Group LtdASX : SW1BOARDCHAIRMANCharles FearMANAGING DIRECTORBrian ManganoNON-EXECUTIVE DIRECTORSBrad DenisonPippa LearyNick BerryHEAD OFFICE1060 Hay StreetWest Perth WA 6005CONTACT DETAILSBrian Mangano+61 8 6103 7595[email protected]Swift Investor Centreswiftnetworks.com.au/investors/Websiteswiftnetworks.com.auABN 54 006 222 395----- End of picture text -----

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21 August 2025

Swift signs $2.4 million Chevron Contract

  • $2.4 million renewal agreement with Compass to deliver Swift Services to three Chevron sites for 12 months.

  • Contract includes Swift 24/7 technical support and Entertainment services.

  • Total contract value is 100% subscription revenue.

Today, Swift announced it has signed a renewal agreement to provide 24/7 technical support and entertainment services for 12 months across three Chevron sites. The renewal agreement signed with Compass Group is for Chevron’s Gorgon Butler Park, Wheatstone Onshore, and Wheatstone Offshore facilities.

This contract comprises Swift’s 24/7 technical support and entertainment services. The Total Contract Value of the 12-month term is $2.4 million, OPEX revenue commenced in May 2025.

Swift has been providing entertainment and support services to Chevron sites since 2015, making them one of Swift’s long term key customers amongst a portfolio of major Oil and Gas leaders including Shell and INPEX.

Swift CEO Brian Mangano commented, We are pleased to be continuing our relationship with Chevron and our partners at Compass Group. Swift’s extensive experience within this sector has led to the development of product features and solutions to overcome challenges unique to the Oil and Gas sector, particularly for offshore locations. Making Swift the product of choice for the Oil and Gas sector.

For further information please contact:

Brian Mangano

CEO & Managing Director Swift Networks Group Limited +61 8 6103 7595

About Swift

Swift is a specialist technology company delivering a premium entertainment and engagement platform powered by proprietary technology and network infrastructure. Swift provides an end-to-end solution, including consulting, design, and installation services. Swift’s solution has been developed specifically for communities where significant benefits are to be achieved by all stakeholders via offering tailored solutions, including Mining and Resources, Residential Aged Care, Retirement Living, Government and other sectors. Swift entertains, engages, and enables the development of communities.