TIVAN LIMITED — Capital/Financing Update 2025

Oct 15, 2025

==> picture [596 x 125] intentionally omitted <==

16 October 2025

Tivan agrees strategic partnership with Exante Data

The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to advise that the Company has agreed a strategic partnership with Exante Data, Inc (“Exante Data”) based in New York, for data analytics, market intelligence, knowledge sharing and policy advisory in respect of the critical minerals sector. The partnership formalises an informal arrangement that has been in place between the companies since Q2 2024, and extends over three years, to the next US presidential election.

Exante Data was founded by Mr Jens Nordvig in 2016 and is a leading global data analytics and markets intelligence company. Mr Grant Wilson, Executive Chairman of Tivan Limited, previously worked as Head of Asia Pacific for Exante Data between 2019-2022 and remains a member of the Advisory Board. The Board of Tivan has independently reviewed the terms of the strategic partnership, noting that Mr Wilson is not compensated in any way by Exante Data.

In formalising the relationship, the parties are mindful of the increased prominence of the critical minerals sector as a global thematic in 2025. This has created scope for deeper engagement, including on cross-border trade statistics, tariff impacts, supply chain research, analysis of market disruption and policy advisory. Given the close working relationship between Mr Wilson and the team at Exante Data, there are significant synergies available in leveraging existing analytical capabilities and in developing new analytical tools, in support of Tivan’s market research and corporate growth strategy.

Mr Nordvig and Mr Wilson are also ideally placed to inform policy debates on the development of the critical minerals sector in the US and Australia respectively. The partnership will enable enhanced knowledge sharing and cooperation, including in respect of national stockpiling initiatives, trade policies and other forms of direct governmental involvement in the critical minerals sector currently being evaluated in Washington DC and Canberra.

Comment from Exante Data, Inc, Founder & CEO

Mr Nordvig commented:

"Critical minerals have moved to be front page news material as new technologies and changed geopolitics creates a global race to build stable supple chains. Critical minerals are now a key part of the policy debate from Australia to the US and from Ukraine to Argentina. Global investors and corporations cannot afford not to pay attention and manage risk accordingly."

Comment from Tivan Executive Chairman

Mr Wilson commented:

“Delighted to be working closely again with Jens and the team at Exante Data. With Tivan now on an assured growth path, and the critical minerals sector playing a central geostrategic role in Trump’s second administration, the time is right to leverage Exante’s world-class capabilities and networks to enhance the analytical depth in our team, as well as our policy influence and global profile.”

==> picture [596 x 69] intentionally omitted <==

==> picture [596 x 128] intentionally omitted <==

==> picture [536 x 255] intentionally omitted <==

Figure 1: Tivan’s Partners

This announcement has been approved by the Board of the Company.

Inquiries:

Nicholas Ong

Company Secretary: + 61 8 9486 4036 Email: nicholas.ong@tivan.com.au

==> picture [596 x 68] intentionally omitted <==