TIVAN LIMITED — Capital/Financing Update 2026

Feb 24, 2026

25 February 2026

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Exercise Facility for TVNO Options

The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to advise that the Company has established a facility to assist optionholders with the exercise process for the Company’s listed options expiring 30 June 2026 which are exercisable at $0.30 per option (ASX: TVNO).

Tivan has engaged its share registry, Computershare, to facilitate the exercise process for TVNO optionholders, including establishment of a BPAY facility for payment and a new information line to assist with any related queries.

Optionholders should receive an updated personalised Notice of Exercise of Options forms by mail, or an email detailing how to access personalised Notice of Exercise of Options forms online. The form includes the new BPAY payment details. Should TVNO optionholders have any queries on the TVNO exercise process, they can contact the Computershare information line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia ) between 8.30am to 5.00pm (AEST) Monday to Friday.

TVNO options may be exercised in whole or in part by payment of $0.30 for each option by no later than 30 June 2026. If payment is not received by 5:00pm (AEST) on 30 June 2026, the TVNO options will lapse and all rights under the TVNO options will cease at that time.

The Company also has on issue two further classes of listed options:

• Listed options expiring 30 June 2027 which are exercisable at $0.12 per option (ASX: TVNOA).

• • Listed options expiring 30 September 2027 which are exercisable at $0.20 per option (ASX: TVNOB).

The exercise process for TVNOA and TVNOB listed options is not currently being managed under this facility with Computershare. Tivan is however in the process of despatching to shareholders new personalised Notice of Exercise of Options forms with up-to-date details on how to exercise the TVNOA and TVNOB listed options.

For any queries, please email Tivan at: corporate@tivan.com.au.

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

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