TZ LIMITED — Capital/Financing Update 2017

Mar 20, 2017

TZ Limited ABN 26 073 979 272

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21 March 2017

Lodged by ASX Online

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

Dear Sir /Madam

Strategic Distribution Agreement with Ricoh Europe

TZ Limited (“ TZ ” and the “ Company ”) is pleased to announce that it has signed a three (3) year agreement with Ricoh Europe for the distribution and sale of the Company’s full range of smart locker solutions to Ricoh’s extensive customer base and customer prospects throughout Europe, the Middle East and Africa (“ EMEA ”). To enable Ricoh’s 21 operating companies (sales subsidiaries) across EMEA to leverage the partnership, the agreement provides for any entity controlled by or under common control with Ricoh Europe to leverage the terms of the agreement to distribute TZ products in their countries by mutual agreement.

Ricoh is a global technology company that has been transforming the way people work for more than 80 years. Under its corporate tagline – imagine. change. – Ricoh continues to empower companies and individuals with services and technologies that inspire innovation, enhance sustainability and boost business growth. These include document management systems, IT services, production print solutions, digital cameras, and industrial systems.

With annual sales of over USD$4.4 billion for the year ending on April 1, 2016, Ricoh Europe extends across 25 countries in EMEA with dual headquarters in London UK and Amstelveen in the Netherlands. The relationship is an important building block for TZ that enables the launch of TZ Smart Locker products in Europe in earnest. With the exception of Poste Italiane and distribution arrangements for its IXP product range, market entry to Europe for PAD (Packaged Asset Delivery) products to date has been difficult given the complexity of dealing with a number of different countries and the lack of available supporting installation, commissioning and on-going service and maintenance infrastructure.

Kenneth Ting, Executive Director of TZ Limited stated, “This agreement builds on the relationship that was first established with Ricoh USA, Inc. last year. The European market represents untapped potential for our PAD business and offers TZ another stream for new incremental revenue growth. The relationship with Ricoh Europe lays the foundation for a tremendous partnership that has the breadth and depth to take TZ solutions to an expansive network of established and new customers across 25 countries and to successfully manage the deployment and maintenance of those solutions in those markets.”

About TZ Limited

TZ Limited (“ TZ ”) is a technology company that is listed on the Australian Stock 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