TITOMIC LIMITED — Capital/Financing Update 2023

Feb 22, 2023

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February 23, 2023

ASX Announcement

GENERAL BUSINESS

Titomic capital raise update

ADDITIVE MANUFACTURING

Armaments

Ballistic Protection Structures Tooling Embedded Sensors

Titomic Limited (ASX: TTT) (“Titomic” or “Company”), advised the ASX on December 5, 2022 that it had received commitments from new and existing sophisticated and institutional investors to raise $5.1 million via a strongly supported share placement at $0.16 per share, including a $2.2 million strategic investment from Repkon Makina ve Kalip (Repkon). Titomic has now received the placement funds from Repkon.

COATING & REPAIR

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

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

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INVESTOR CONTACT Chris Healy Titomic P: +61 (0) 429 988 083 E: chris.healy@titomic.com

MEDIA ENQUIRIES Ben Andrews Titomic P: +61 403 789 096 E: ben.andrews@titomic.com

ABOUT TITOMIC LIMITED

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