ZIMI LIMITED — Director's Dealing 2024

Jan 17, 2024

==> picture [454 x 62] intentionally omitted <==

ASX RELEASE 18 January 2024

Appendix 3Y – Late Lodgement

Zimi Limited (ASX:ZMM) (“ Zimi ”, or the “ Company ”), an innovative Australian IoT company, enhancing connectivity of electrical devices from homes to high-rises, refers to the attached Appendix 3Ys “Change of Director’s Interest Notice” for Mr Jordan Tentori and Mr Simon Gerard relating to options which expired on 31 October 2023.

In relation to the late lodgement of the attached Appendix 3Ys, we advise as follows:

1. The Appendix 3Ys are being lodged late due to an administrative oversight. Once the oversight was identified, the documents were prepared and lodged with the ASX.

2. The Company considers that it has the necessary reporting and notification procedures in place to ensure compliance with the disclosure obligations under Listing Rule 3.19A. In addition, the Company has adopted and complies with its Corporate Governance Policy. The Directors are aware of their obligations under the ASX Listing Rules that require the Company to notify the ASX within 5 business days after the dealing in securities of the Company (either personally or through an associate) which results in a change in the notifiable interest of a Director in the securities of a Company.

3. The Company considers that the late lodgement is an isolated incident and believes that its current practices are adequate to ensure compliance with the ASX Listing Rules. The Company notes that the expiry of options was otherwise advised via release of an Appendix 3H to ASX on 1 November 2023.

– Ends –

This release has been approved by the Board.

Further information:

Jordan Tentori | CEO | email: jordan@zimi.life phone: +61 412 589 952

About Zimi

Zimi Limited (ASX: ZMM) is an innovative Australian technology company that creates ‘the Zimi experience’ by connecting everyday electrical products to the Internet and each other to create smarter living and working spaces.

Through its long-standing working relationship with the Gerard Family, which founded Clipsal under Gerard Industries, Zimi has a strong heritage in the electrical industry.

Zimi’s current product range is comprised of the Powermesh and Senoa lines, which include multi-purpose switches, light dimmers, power points, fan controllers and garage door controllers. These products can be installed by any electrician and are easily controllable by end-users via Zimi’s home automation app.

Zimi is targeting a multi-billion opportunity in the Australian market through multiple leading wholesale, commercial and retail/trade sales channels such as Trader, Harvey Norman, Steel-Line, Beacon Lighting and Polyaire.

In the future, Zimi plans to expand its product line to adjacent sectors while also continuing to optimise its existing product suite. The company is also pursuing opportunities for offshore expansion via partnerships with leading global manufacturers of electrical home and commercial building appliances.

To learn more, please visit: www.zimi.life

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Zimi Limited ABN 25 113 326 524

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Jordan Tony Tentori
Date of last notice	9 February 2023

Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Jayteetee Pty Ltd (Director/Beneficiary) Redorblack Pty Ltd (entity controlled by Jordan Tentori)
Date of change	31 October 2023
No. of securities held prior to change	Jayteetee Pty Ltd - 1,333,334 ordinary fully paid shares - 2,500,000 performance rights (expiring 30 June 2024) Redorblack Pty Ltd - 2,168,019 fully paid ordinary shares - 666,667 unlisted options ($0.45 each, expiring 31 October 2023) - 312,500 unlisted options ($0.12 each, expiring 18 October 2025)
Class	Unlisted options ($0.45 each, expiring 31 October 2023)
Number acquired	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	666,667
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Jayteetee Pty Ltd - 1,333,334 ordinary fully paid shares - 2,500,000 performance rights (expiring 30 June 2024) Redorblack Pty Ltd - 2,168,019 fully paid ordinary shares - 312,500 unlisted options ($0.12 each, expiring 18 October 2025)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of options.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3– +Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

18 January 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Zimi Limited ABN 25 113 326 524

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Simon Charles Gerard
Date of last notice	29 November 2023

Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gerard Private Holdings (Finance) Pty Ltd (Director and an ultimate controlling shareholder as to 60% of the registered holder) Madurta Pty Ltd Madurta Investments Pty Ltd (Trust controlled by Mr Simon Gerard)
Date of change	31 October 2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Gerard Private Holdings (Finance) Pty Ltd - 34,013,889 ordinary fully paid shares - 777,778 unlisted options ($0.45 each, expiring 31 October 2023) - 4,375,000 unlisted options ($0.12 each, expiring 18 October 2025) - 7,500,000 unlisted options ($0.08 each expiring 30 June 2026) Madurta Pty Ltd - 3,508,654 ordinary fully paid shares - 444,445 unlisted options ($0.45 each, expiring 31 October 2023) - 937,500 unlisted options ($0.12 each, expiring 18 October 2025) Madurta Investments Pty Ltd - 625,000 ordinary fully paid shares - 1,343,750 ordinary fully paid shares (voluntary escrow until 31 July 2024)
Class	Unlisted options ($0.45 each, expiring 31 October 2023)
Number acquired	Nil
Number disposed	1,222,223
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Gerard Private Holdings (Finance) Pty Ltd - 34,013,889 ordinary fully paid shares - 4,375,000 unlisted options ($0.12 each, expiring 18 October 2025) - 7,500,000 unlisted options ($0.08 each expiring 30 June 2026) Madurta Pty Ltd - 3,508,654 ordinary fully paid shares - 937,500 unlisted options ($0.12 each, expiring 18 October 2025) Madurta Investments Pty Ltd - 625,000 ordinary fully paid shares - 1,343,750 ordinary fully paid shares (voluntary escrow until 31 July 2024)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of options.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	As previously disclosed per Initial Director’s Interest Notice dated 11 December 2020 (no change): Distribution Agreement entered into 10 December 2020 between GSM Innovations Pty Ltd (a subsidiary of Quantify Technology Holdings Limited) and GSM Electrical (Australia) Pty Ltd for the distribution of GSM Innovations products.
Nature of interest	Simon Gerard is a director and an ultimate controlling shareholder of GSM Electrical (Australia) Pty Ltd
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A
Detail of contract	As previously disclosed per Initial Director’s Interest Notice dated 11 December 2020 (no change): Heads of Agreement entered into 10 December 2020 between Quantify Technology Holdings Limited, Gerard Private Holdings (Finance) Pty Ltd and GSM International Limited for the provision of future quality assurance and logistics services to Quantify.
Nature of interest	Simon Gerard is a director and an ultimate controlling shareholder of Gerard Private Holdings (Finance) Pty Ltd and GSM International Limited
Name of registered holder (if issued securities)	N/A
Date of change	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

==> picture [434 x 169] intentionally omitted <==

----- Start of picture text -----

No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A
----- End of picture text -----

Part 3 –[+] Closed period

==> picture [434 x 98] intentionally omitted <==

----- Start of picture text -----

Were the interests in the securities or contracts detailed No
above traded during a [+] closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade N/A
to proceed during this period?
If prior written clearance was provided, on what date was this N/A
provided?
----- End of picture text -----

18 January 2024

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011