SWIFT TV LTD — Capital/Financing Update 2025

Mar 31, 2025

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1 April 2025

Notice to Ineligible Shareholders of Non-Renounceable Entitlement Offer

Dear Shareholder,

We write to you as the registered holder of fully paid ordinary shares ( Shares ) in the capital of Swift Networks Group Limited (ASX: SW1) ( Company ).

Pursuant to the prospectus lodged with ASIC on 24 March 2025 ( Prospectus ), the Company is undertaking a non-renounceable pro-rata entitlement issue of 1 new Share for every 2 existing Shares held by Eligible Shareholders on the Record Date ( New Shares ), at an issue price of $0.01 per New Share to raise up to approximately $3.3 million (before costs) ( Entitlement Offer ).

Capitalised terms used, but not defined in this letter, have the meaning ascribed to them in the Prospectus.

Ineligible Shareholders

The Entitlement Offer is made to Eligible Shareholders only. Eligible Shareholders are those Shareholders who:

• are the registered holder of Shares on the Record Date; and

• have a registered address in Australia, or subject to the offer restrictions in the Prospectus, New Zealand,

• Pursuant to section 9A(3)(a) of the Corporations Act 2001 (Cth) (Corporations Act) and ASX Listing Rule 7.7.1(a), the Company has determined that it is unreasonable on this occasion to extend the Entitlement Offer to shareholders with a registered address outside of Australia, New Zealand, ( Ineligible Shareholders ), having regard to the small number of Ineligible Shareholders, the relatively small number and value of New Shares and New Options that would be issued to the Ineligible Shareholders and the costs of complying with the legal and regulatory requirements in each such jurisdiction.

As you do not satisfy the criteria for an Eligible Shareholder, you are deemed to be an Ineligible Shareholder for the purposes of the Entitlement Offer. Accordingly, in compliance with section 9A(3) of the Corporations Act and ASX Listing Rule 7.7.1(b), the Company wishes to inform you that it is unfortunately unable to extend to you the opportunity to participate in the Entitlement Offer. Under the terms of the Entitlement Offer, you are not eligible to apply for the New Shares offered and you will not be sent a copy of the Prospectus.

Whilst not being able to extend the offer to you on this occasion the Company still values your support as a shareholder.

Further details

For all enquiries concerning the Prospectus or the Entitlement Offer, please contact the Company by telephone on +61 8 6103 7595 or by email at investor@swiftnetworks.com.au.

For all general shareholder enquiries, please contact the Company's Share Registry by telephone on 1300 288 664 (within Australia) and +61 2 9698 5414 (outside Australia) or by email at corporate.actions@automicgroup.com.au.

For other questions, you should consult your stockbroker, solicitor, accountant or other suitably qualified professional adviser.

Yours faithfully

Suzie Foreman Company Secretary