iTANZ Addendum: Material Information for EGM — Proposed 51% Acquisition of ITANZ Infinity Pty Ltd (EGM 2026-06-27)

Issuer: iTANZ Technologies Limited. Purpose: Addendum (Annexure-A) to the statement of material information annexed to the Notice of Extraordinary General Meeting to be held on 27 June 2026 concerning the proposed acquisition of a 51% equity interest in ITANZ Infinity Pty Ltd.

Key points:

- Clarification regarding winding-up proceedings initiated by Westpac Banking Corporation against ITANZ Infinity Pty Ltd: iTANZ Infinity Pty Ltd and Westpac Banking Corporation have entered into a Deed of Forbearance and related arrangements enabling withdrawal of winding-up proceedings and structured settlement of outstanding obligations under the Deed of Forbearance. The Deed provides for settlement arrangements and protections in favour of ITANZ Technologies Limited and ITANZ Infinity Pty Ltd as described.

- Share subscription and subordination: A Share Subscription Agreement between ITANZ Technologies Limited and ITANZ Infinity Pty Ltd contains protections and requires ITANZ Infinity Pty Ltd to comply with the Deed of Forbearance and related arrangements. Subscription consideration is structured as deferred consideration payable in instalments, with first instalment becoming due on expiry of one year from the date of subscription; repayment obligations to Westpac and terms under the Deed are addressed in the agreement.

- Self-off mechanism: The addendum clarifies that shares proposed to be acquired are being issued by ITANZ Infinity Pty Ltd by way of a fresh issue of shares (rights issue). Any subscription money paid to ITANZ Technologies Limited will be paid directly to ITANZ Infinity Pty Ltd and used to settle certain obligations under the Deed of Forbearance as required by the agreement. The arrangement includes protections and contractual mechanisms to address enforcement, repayment and shareholder rights.

- Purchase consideration and valuation: The proposed purchase consideration for the controlling equity stake is AUD 21.857 million. This figure is based on independent valuations and a reference to the investee's fair value prepared by a firm of Chartered Accountants with a valid QCR rating. The valuation has been prepared using a blended approach (discounted cash flow, price-to-sales, and price-to-earnings methodologies) and may be subject to review by another firm of Chartered Accountants.

- Additional details: The addendum notes the timing of deferred consideration, repayment timetables, and safeguards to protect the interests of ITANZ Technologies Limited and its shareholders. Copies of valuation reports will be made available for inspection by attendees of the EGM.

Authorized contact: H. M. Maqsood Munshi, Company Secretary, on behalf of iTANZ Technologies Limited.

EGM date: 2026-06-27.