TZ LIMITED — Capital/Financing Update 2021

Jan 6, 2021

Level 11, 1 Chifley Square Sydney NSW 2000 Australia Telephone (+61) 2 9222 8890

www.tz.net

==> picture [51 x 51] intentionally omitted <==

TZ Limited

ABN 26 073 979 272

7 January 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” ) advises that it issued 2,000,000 fully paid ordinary shares in the Company today at an issue price of $0.09 per share (“ Placement Shares” ). The Placement Shares were issued to an institutional investor in accordance with a Company announcement to the ASX on 5[th] January 2021.

The Company gives notice that:

• (a) The Placement Shares were issued without disclosure 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; and

• (d) as at the date of this notice, there is no excluded information to be provided in accordance with subsections 708A(7) and 708A(8) of the Act.

An Appendix 2A in respect to the issue of the Placement Shares was lodged by the Company with the ASX on 5[th] January 2021.

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

Yours faithfully, TZ LIMITED

==> picture [87 x 41] intentionally omitted <==

==> picture [222 x 28] intentionally omitted <==

Peter Graham Chairman