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TITOMIC LIMITED — Director's Dealing 2026
Feb 15, 2026
65963_rns_2026-02-15_debe76ec-4678-4f92-b50c-70b7fc4d3d1e.pdf
Director's Dealing
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ASX Announcement
February 16, 2026
Disposal of shares – Jim Simpson
MELBOURNE, AUSTRALIA – Titomic Limited (ASX: TTT), a global leader in cold spray additive manufacturing with its Titomic Kinetic Fusion™ technology, advises of a director share sale as advised in the relevant Appendix 3Y released to the ASX today.
Mr. Jim Simpson, Managing Director and Chief Executive Officer, has sold 472,000 shares, worth AUD 101,102 to settle personal tax obligations arising from shares awarded to him as part of his remuneration.
Additionally, Mr. Simpson has advised the Company that he will need to dispose of a further tranche of securities - with an approximate value of AUD 600,000 - prior to June 2026 to meet U.S. income tax obligations relating to Titomic securities granted to him on the commencement of employment (approved by shareholders on 25 November 2025). The Company will provide separate advice to the market when this sale occurs.
Mr. Simpson remains very positive about Titomic’s future prospects and is undertaking these shares sales for the sole purpose of settling tax related obligations in the United Sates, where he is resident.
The timing of tax obligations in the United States relating to employee shares are typically immediate with late payments subject with onerous penalties.
This announcement has been authorized for release by Titomic’s Company Secretary.
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INVESTOR CONTACT
MEDIA CONTACT
Geoff Hollis Dr. Patti Dare Titomic Titomic Chief Financial Officer President, USA P: +61 438 168 008 P: +1 408 306 4975 E: [email protected] E: [email protected]
ABOUT TITOMIC LIMITED
Titomic Limited (ASX: TTT) is a leading American manufacturing company specializing in large integrated solutions for industrial- scale metal additive manufacturing, coating, and repairs using its patented kinetic fusion cold spray (Titomic Kinetic Fusion™) technology. Titomic Kinetic Fusion™ cold spray solutions provide OEM production and R&D services to the global Aerospace, Defense, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also offers global sales and support for all its Titomic Kinetic Fusion™ cold spray AM activities from its Huntsville, Alabama Head Office, as well as through local presence in the Australia 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 commercializing 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 forwardlooking 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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1/371 Ferntree Gully Road Mount Waverley, VIC 3149
[email protected] | titomic.com
ABN: 77 602 793 644
Appendix 3Y Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Titomic Limited ABN 72 602 793 644
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Mr James (Jim) Simpson |
|---|---|
| Date of last notice | 19 December 2025 |
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Direct or indirect interest | Direct |
|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
|
| Date of change | 13 February 2026 |
| No. of securities held prior to change | 6,204,518 Ordinary Shares 25,000,000 Options |
| Class | Ordinary Shares |
| Number acquired | Nil |
| Number disposed | 472,000 Ordinary Shares |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
$101,102 |
- See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
Appendix 3Y Change of Director’s Interest Notice
No. of securities held after change 5,732,518 Ordinary Shares 25,000,000 Options Nature of change On-market sale to meet personal tax
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in obligations (refer corresponding
buy-back announcement)
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
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Part 3 –[+] Closed period
Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?
- See chapter 19 for defined terms.
Appendix 3Y Page 2
01/01/2011