TITOMIC LIMITED — Capital/Financing Update 2023

Dec 11, 2023

December 12, 2023

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GENERAL BUSINESS

ASX Announcement

ADDITIVE MANUFACTURING

Armaments

Ballistic Protection Structures

Tooling

Embedded Sensors

COATING & REPAIR

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Titomic enters Manufacturing Partnership Agreement with Stärke Advanced Manufacturing Group

Titomic Limited (ASX: TTT) (“Titomic” or “Company”), a leading manufacturing technology company specialising in advanced manufacturing and coatings, is pleased to announce a strategic manufacturing partnership agreement with Stärke Advanced Manufacturing Group (Stärke), a global, advanced manufacturer headquartered in South Australia.

Stärke represents a group of vertically integrated advanced manufacturing companies, including QPE Advanced Manufacturing, VPG Innovation, Stärke Tooling, McMahon Metal Fabrication, Stärke Incorporated (US), and Precise Machining & Manufacturing.

Stärke’s expertise lies in assisting companies across diverse industries to achieve production of complex, high-performance, robust, and reliable components. Stärke provides advanced manufacturing services to multiple companies within high-value industries, such as DSTG, Babcock, Kongsberg, Thales, Boeing, Bosch, and ASC. The partnership between Stärke and Titomic will aim to leverage the advanced manufacturing technology of both Titomic and Stärke, while also leveraging Stärke’s deep industry connections and their renowned expertise in delivering commercial manufacturing solutions.

The partnership also aims to provide further innovative solutions to clients in various highperformance sectors, including defence, aerospace, and automotive, with the partnership aiming to deliver a wide range of novel and competitive manufacturing capabilities.

Herbert Koeck, Managing Director of Titomic, stated:

“We are thrilled about our partnership with Stärke, a global leader in advanced manufacturing, and a partner which shares our commitment to manufacturing innovation. This collaboration is set to accelerate Titomic’s growth, thanks to Stärke’s deep industry expertise and network. This venture promotes knowledge exchange between Titomic and Stärke, allowing us to blend our strengths and explore new applications. By combining Titomic’s advanced manufacturing tech with Stärke’s advanced manufacturing and renowned tooling and moulding solutions, we will deliver innovation to clients in sectors like defence, aerospace, and automotive, offering a range of competitive manufacturing capabilities. This partnership positions us to meet the ever-evolving needs of our clients efficiently and effectively, staying at the forefront of innovation in the manufacturing industry.

Al Jawhari, Co-founder & Group Chief Executive Officer of Stärke, stated:

"We are excited with the commercial possibilities arising from our partnership with Titomic. We believe that Titomic's revolutionary cold spray technology will offer our current and future clients an impressively efficient turnkey technology that is faster, easier, and more cost-effective way to produce, maintain parts and products on demand. With the current rising demand on novel solutions for emerging industries this partnership is well suited to lead and deliver unprecedented end to end manufacturing services."

This announcement has been authorised for release by the Board of Titomic Limited.

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Titomic Limited Ground floor, 365 Ferntree Gully Road Mount Waverley, Victoria 3149, Australia

info@titomic.com | titomic.com

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ABN 77 602 793 644

GENERAL BUSINESS

ADDITIVE MANUFACTURING

INVESTOR CONTACT Chris Healy Company Secretary - Titomic P: +61 429 988 083 E: chris.healy@titomic.com

MEDIA ENQUIRIES Ben Andrews Marketing Manager - Titomic P: +61 438 759 620 E: ben.andrews@titomic.com

Armaments

ABOUT TITOMIC LIMITED

Ballistic Protection Structures Tooling Embedded Sensors

COATING & REPAIR

Metal Restoration Wear Resistance Corrosion Protection Conductive Coating Inductive Coating Radiation Shielding

Titomic Limited (ASX: TTT) is an Australian public company specialising in large integrated solutions for industrialscale metal additive manufacturing, using its patented cold spray additive manufacturing (Cold Spray AM) technology. Titomic provides Cold Spray AM solutions, OEM production and R&D services to the global Aerospace, Defence, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also offers global sales and support for all of its Cold Spray AM activities from its Melbourne Head Office, as well as through local presence in the USA and Europe. Titomic delivers competitive advantages in metal additive manufacturing at every stage in the product value chain. For more information, please visit www.titomic.com.

FORWARD LOOKING STATEMENTS

Certain statements made in this release are forward-looking statements and are based on Titomic’s current expectations, estimates and projections. Words such as “anticipates”, “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “guidance” and similar expressions are intended to identify forward-looking statements. Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties inherent in the process of both developing and commercialising technology. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Titomic will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

Titomic Limited Ground floor, 365 Ferntree Gully Road Mount Waverley, Victoria 3149, Australia

info@titomic.com | titomic.com

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ABN 77 602 793 644