TITOMIC LIMITED — Capital/Financing Update 2024

Sep 25, 2024

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26 September, 2024

ASX Announcement

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Titomic makes first sale of a D623 in Australia and resource sector

Titomic Limited (ASX: TTT) (“Titomic” or “Company”), the world’s leading provider of cold spray solutions, is pleased to announce the sale of a Titomic D623 cold spray system for AUD 174,000 to United Industrial Solutions, a specialist in coatings and corrosion mitigation for the resource sector. This contract marks the first deployment of the D623 system in Australia.

United Industrial Solutions will leverage the D623 system to perform service work for some of the world's leading energy suppliers as well as key players in the marine industry. The D623’s primary application will be the deposition of corrosion-resistant coatings on critical oil and gas assets, primarily in Western Australia. These services aim to significantly extend the lifespan of these assets and improve their resilience in harsh marine environments.

The D623 is the next generation of Titomic’s portable cold spray systems and is an advancement on the D523, as the D623 has a higher deposition rate and can deposit harder metals, while also increasing deposition rates. The introduction of the D623 to industry has been strong, with other sales made previously to Airbus, EPCOR, University Rey Juan Carlos, and Neue Materialien Bayreuth.

Titomic’s cold spray technology provides unmatched performance in creating durable, corrosion-resistant coatings, helping industries extend the lifecycle of valuable infrastructure.

This sale further strengthens Titomic's position in the energy and maritime sectors, showcasing the critical role cold spray technology plays in maintaining and protecting vital assets.

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

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INVESTOR ENQUIRIES Geoff Hollis

Titomic Chief Financial Officer P: +61 438 168 008 E : geoff.hollis@titomic.com

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

REIGN ADVISORY PTY LTD P: +61 2 9174 5388 E: TTT@reignadvisory.com

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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 forwardlooking 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.

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