TZ LIMITED — Capital/Financing Update 2021

Nov 11, 2021

Level 2, 40 Gloucester Street The Rocks NSW 2000 Australia Telephone (+61) 2 9137 7300

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TZ Limited

www.tz.net

ABN 26 073 979 272

12 November 2021

ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

CLEANSING NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 (CTH)

TZ Limited (ASX: TZL) ( Company ) confirms that it has today issued 27,570,000 fully paid ordinary shares in the Company at an issue price of $0.125 per share ( Placement Shares ). The Placement Shares were issued to institutional and sophisticated investors.

The Company gives notice that:

• (a) The Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act );

• (b) this notice is given by the Company in accordance with section 708A(5)(e) of the Act;

• (c) as at the date of this notice, the Company has complied with:

• i. the provisions of Chapter 2M of the Act as they apply to the Company, and

• ii. section 674 of the Act, as it applies to the Company; and

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Act which is required to be disclosed by the Company.

An Appendix 2A in connection with the issue of the Placement Shares was lodged by the Company with the ASX today.

This notice was approved by the board of directors of the Company.

Yours faithfully

TZ LIMITED

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Peter Graham Chairman

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