TZ LIMITED — Capital/Financing Update 2017

May 21, 2017

TZ Limited ABN 26 073 979 272

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19 May 2017

Lodged by ASX Online

The Manager Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney, NSW 2000

Dear Sir /Madam

Major Supply Order for Global Technology Brand Leader

TZ Limited ( ASX Code: TZL ) is pleased to announce that its wholly owned US subsidiary, Telezygology, Inc. (“ TZ ”, the “ Company ”), has received a material purchase order for the supply of the electronic locking solution and software management system for secure employee storage and inventory lockers to be deployed at the new headquarters of a major US technology company.

The AUD$3 Million purchase order represents an extension of business that has been established over several years of successful and on-going package management locker deployments across their extensive campus and operating sites. It also represents a substantial sale of a new application area in secure employee storage / inventory management for the Company. Supply will commence in June 2017 with a rapid deployment schedule that will see supply complete by the end of Q1 FY2018.

Ken Ting, Executive Director of TZ Limited added: “This project will be a great reference for our technology with the TZ solution being deployed for traditional Package Management and now for secure storage enclosures. The opportunity for secure storage within corporate environments is a significantly larger addressable market than Package Lockers.”

About TZ Limited

TZ Limited (“ TZ ”) is a technology company that is listed on the Australian Securities Exchange. TZ is the leader in SMArt Device™ technology combining state-of-the-art SMA actuated intelligent fastening and locking devices with TZ remote software control. TZ’s systems deliver asset level protection and compelling solutions for security, monitoring and control applications across a number of market segments. The Company currently supplies market leading solutions to major corporations worldwide to the Data Centre industry and in the Automated Parcel Locker and E-Commerce market.

For additional information on TZ Limited, please visit www.tz.net.

TZ Limited | Level 11, 1 Chifley Square, Sydney, NSW 2000 Australia | Phone: +612 9222 8890 Fax: +612 8208 9937