ZIMI LIMITED — Capital/Financing Update 2019

May 9, 2019

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Limitless Automation sign on as distributor for Western Australia

ASX RELEASE

10 May 2019

Highlights

• Quantify Technology has entered into an agreement with Limitless Automation Pty Ltd, under which Limitless will distribute the Company’s products in Western Australia.

• Limitless are a home and commercial automation business with a strong sales pipeline in the new build, retrofit and renovation market.

• The partnership will help grow Quantify’s market share in WA.

Quantify Technology Holdings Limited (ASX:QFY) (“ Quantify Technology ”, the “ Company ”) is pleased to announce it has signed an agreement ( the Agreement” ) with Limitless Automation ( “Limitless” ) for the distribution of the Company’s products in Western Australia.

Founded in 2016, Limitless is a home and commercial automation business operating from a base in Claremont, WA. Overseen by a highly experienced pair of directors, Limitless design and deliver home automation solutions and assert a strong sales pipeline across the retrofit, new build and renovation markets, with a focus on homes and town houses in Perth.

Limitless co-director Mark Peterson commented: “At Limitless, our clients come to us to get an ‘out of Perth’ customer experience. There is increasing demand from customers for new and innovative home automation technology. We pride ourselves on providing the highest quality and most modern home automation products to the WA market, and we believe Quantify’s product suite complements the Limitless brand perfectly.

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“One of our latest projects out of South Fremantle is a plus $30M construction comprising of 24 two and three-storey luxury town houses where we are looking to have the Quantify solution integrated into each residence. A big growth area is the assisted living space and we are working with a couple of developers to implement Quantify as the leading solution for their automation requirements. We also work closely with a number of new home builders and are working towards a lighting control system being introduced into their standard packages.”

Quantify Technology CEO Brett Savill commented: “We are very pleased to join forces with Limitless and have them distribute our products in WA. This is an important agreement which will help accelerate Quantify’s growth strategy in the new build residential and retrofit markets. We look forward to working alongside Limitless.”

-ENDS-

Further Information:

Investor Relations & Media Enquiries Jane Morgan E: jm@janemorganmangement.com.au| P: +61 (0) 405 555 618

About Quantify Technology

Quantify Technology is an Australian-based pioneer of Truly Intelligent Buildings technology. The Company has created simple to install, affordable Internet of Things devices that encourage wide-scale adoption of Internet of Things solutions.

Quantify Technology’s commercial product known as the qDevice replaces standard power outlets and light switches in commercial and residential structures. Due to using standard wired Alternating Current (AC) wiring, it can be easily retrofitted without re-cabling in existing buildings.

The qDevice replaces AC light switches/dimmers and power outlets with and intelligent, network-connected framework to provide energy management and reporting, voice-enabled control and interaction, and real-time evaluation of environmental and risk factors for building occupants. This enables the delivery of the Company’s vision of Truly Intelligent Buildings, with a goal to deploying the offering globally.

Further information about Limitless Automation can be found at:

https://www.limitlessautomation.com.au/