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TZ LIMITED Capital/Financing Update 2018

Aug 7, 2018

65975_rns_2018-08-07_27494d6f-fc54-42c2-a6b0-6c603270276c.pdf

Capital/Financing Update

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TZ Limited ABN 26 073 979 272

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8 August 2018

ASX Announcement

INCREASED LOAN FACILITY

TZ Limited (“ TZ ” or the “ Company ”) ( ASX Code: TZL ) is pleased to announce today that the Company has increased the size of its existing debenture deed facility with First Samuel Limited (“ First Samuel ”) by $2,000,000, providing the Company with a total secured loan facility of up to $7,000,000 (“ Loan Facility ”).

Due to the increased sales activity in Q4 of fiscal year 2018, the Company anticipates the need to increase its available operating cash reserves to better handle the large fluctuations in cashflow requirements that the Company experiences due to its predominantly project-driven business.

The increase comprises two revolving tranches of $1,000,000 which can be repaid and redrawn if repayments are made before the end of the term. In total, $3,000,000 of the Loan Facility may be redrawn if repayments are made before the end of the term.

The interest rate applicable to the additional facility is 90 day BBSW plus 9% per annum, payable 6 monthly in arrears.

$3,000,000 of the Loan Facility matures on 13 December 2019 and $4,000,000 matures on 5 May 2020.

The Loan Facility is secured by a first ranking security interest over the assets of the Company and its subsidiaries. The Company currently has no indebtedness under any other loan facilities. There are no loan covenants in respect of the loan facility.

For further information, please contact:

John Wilson

Managing Director 02 9222 8890

Craig Sowden

Company Secretary 02 9222 8890

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.

Level 11 1 Chifley Square Sydney NSW 2000

(02) 9222 8890

www.tz.net