ZIMI LIMITED — Capital/Financing Update 2020

Apr 30, 2020

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NDIS apartments roll out in WA

ASX RELEASE

1 May 2020

Highlights

• Fokused, Quantify’s stocking distributor in Western Australia, has reached an agreement to install Quantify devices in ten (10) NDIS apartments.

• The ten apartments are being built in Cannington in Perth’s inner south.

Quantify Technology Holdings Limited (ASX:QFY) (“ Quantify Technology ”, the “ Company ”) is pleased to announce that Fokused Pty Ltd ( “Fokused” ), Quantify’s stocking distributor in Western Australia[1] , has reached an agreement to install Quantify devices in ten NDIS apartments, which form part of the original stocking order. This represents the Company’s first new roll out into the NDIS market since the installation for St John of God Accord[2] .

NDIS (the National Disability Insurance Scheme) is an Australian Government scheme that funds costs associated with disability. Within the next five years, it will provide $22 billion in funding a year to an estimated 500,000 Australians aged under 65, who have permanent and significant disability.

The Velocity development sits in the heart of one of Australia’s most exciting urban revitalisation precincts. Cannington is a fast-growing suburb and government approved major growth area in Perth’s inner south. This vibrant location benefits from exceptional transport links, easy access to shopping, beaches and parks and strong demand from buyers and renters.

Within the Velocity development, are ten assisted living apartments being developed to NDIS standards by Sana Living and certified by Optimal Living Therapy. Fokused, and its installer,

1 https://wcsecure.weblink.com.au/pdf/QFY/02168842.pdf

2 https://wcsecure.weblink.com.au/pdf/QFY/02117568.pdf

Quantify Technology Holdings Ltd ABN: 25 113 326 524 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 Postal Address: P.O. Box 7315, Perth WA 6850

T: +61 8 6268 2622 F: +61 8 6268 2699

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Limitless Automation, have chosen Control4 with Quantify Technology qDimmers, qBlinds and qPower products. The Quantify smart switch complies with the NDIS 35mm width standard and, with voice control via the Google Assistant or Amazon Alexa, is a perfect solution for hygienic device control.

Smart home automation is ideal for those less able to look after themselves. Scenes control multiple devices at one time, meaning less physical touching. Moreover, voice activation and apps mean the residents do not need to touch the devices at all. With less touching comes a lower risk of infection, both for residents and for those caring or visiting.

Fokused Director, Mark Peterson, commented: “We are delighted to be working on this important project that brings the benefits of automation to disability living, allowing the residence to live safer, more autonomous lives. The pipeline in strong and we look forward to bringing the unique benefits of Quantify devices to many more customers.”

Sana Living Chief Operating Officer, Adam Sargent, added: “Automation is increasingly important to us at Sana Living. Our properties utilise smart technology and thoughtful design to be highly accessible and adaptable to individual requirements.”

This announcement is authorised by the Board.

-ENDS-

Further Information:

Investor Relations & Media Enquiries Caelie Jones E: caelie.jones@quantifytechnology.com| P: +61 (8) 6254 0200

About Quantify Technology

Quantify Technology is an Australian-based company, focused on making lives better in homes, workplaces, and communities with their Internet of Things (IoT) smart home technology. Their qDevices replace standard power outlets and light switches and can be controlled by voice, app and touch. Quantify has the opportunity to be the first truly massmarket smart home product because of its simplicity, the innovative nature of its technology, and its limitless platform. Its strategic priorities are to maximise sales domestically, secure distribution internationally and strengthen its platform.