Announcement PDF February 25, 2025 ASX Announcement Titomic Achieves Major Milestone Expanding U.S. Operations with Acquisition of Huntsville Manufacturing Facility Titomic Limited (ASX: TTT) (‘Titomic’ or ‘Company’), a global leader in advanced additive manufacturing and cold spray technology, proudly announces a major milestone in its North American expansion with the acquisition of a modern 59,000-square-foot facility in the U.S. defense industrial hub of Huntsville, Alabama. With a purchase price of US$7.2 million, this strategic investment solidifies Titomic’s position as an industry leader in high-performance manufacturing solutions for the aerospace and defense sectors and establishes the facility as a cutting-edge Innovation Center for Cold Spray Additive Manufacturing. The center will drive advancements in cold spray technology, fostering research, development, production, and collaboration with key industry and defense partners. The facility will be operational with its suite of low (D523), medium (D623), and high-pressure (TKF) cold spray solutions in Q2 2025. Financing Secured for U.S. Expansion Titomic has successfully secured financing for the facility, demonstrating strong institutional confidence in its vision and operational strength. The US$5.75 million, 25-year financing agreement was arranged through First National Bank (Alabama) and has an initial interest rate of 6.5%. This financing also marks the establishment of a long-term banking relationship that will support Titomic’s continued growth in the United States. Andy Whitt, Senior Vice President of First National Bank, expressed enthusiasm for the partnership commenting, “We are elated to support Titomic in acquiring this extraordinary factory asset, which is extremely compatible with their business. Titomic’s innovative technology and strategic presence in Huntsville position them for significant growth, and we are proud to be a part of their journey.” Strategic Investment from Innovate Alabama Further strengthening Titomic’s U.S. presence, and as part of collateral for the loan, the company has been provided with a $1 million surety in support from Innovate Alabama (a public-private initiative focused on entrepreneurship, technology and innovation in Alabama). This surety serves to bolster the company’s commitment to innovation and economic development in the region. Furthermore, this investment in Huntsville will enable the acceleration of Titomic’s manufacturing capabilities, drive job creation, and enhance collaboration with local research institutions and industry partners. 1 Aerospace & Defense Applications Aligned with U.S. Defense Acquisition Priorities Titomic’s advanced manufacturing capabilities are well-aligned with the U.S. Government’s increasing emphasis on the expeditious application of innovative and disruptive technologies to meet critical and increasing defense and aerospace as well as energy/infrastructure needs. With the Huntsville facility strategically located near major U.S. Department of Defense Redstone Arsenal, NASA’s Marshall Space Flight Center, and leading defense contractors, Titomic is uniquely positioned to contribute to expanding national security and aerospace innovation requirements through: • Rapid and precise component repair and refurbishment for military and commercial aircraft and other military platforms. • Production of high-strength, lightweight parts for aerospace and defense systems. • Advanced coatings for corrosion resistance and enhanced durability for use within infrastructure and transportation. Positioned for Growth & Collaboration Titomic’s modern facility in Huntsville represents a pivotal moment in its global strategy, offering a foundation and launch point for deeper collaboration with U.S. defense agencies, major contractors, and research institutions. The company plans to leverage its expertise in cold spray technology to deliver timely cutting-edge solutions that enhance the performance and longevity of critical systems across multiple industries. The facility has an additional ~1acre concrete area available for additional expansion. Looking Ahead Over the next 12 months, Titomic will focus on: • Scaling production capabilities within the new facility. • Expanding partnerships with aerospace and defense leaders. • Strengthening workforce development initiatives in collaboration with local universities and technical institutions. With strong financial and institutional backing, expanding customer demands, and a location at the heart of America’s aerospace and defense ecosystem, Titomic is poised for sustained growth and impact in the U.S. market. This announcement has been authorised for release by the Board of Titomic Limited. - - - - - END - - - - - 2 INVESTOR ENQUIRIES Geoff Hollis Titomic Chief Financial Officer P: +61 438 168 008 E: geoff.hollis@titomic.com MEDIA ENQUIRIES Ben Andrews Titomic Global Marketing Manager P: +61 438 759 620 E: ben.andrews@titomic.com ABOUT TITOMIC LIMITED Titomic Limited (ASX: TTT) is an Australian public company specializing in large integrated solutions for industrialscale metal additive manufacturing, using its patented cold spray additive manufacturing (Cold Spray AM) technology. Titomic provides Cold Spray AM solutions, OEM production and R&D services to the global Aerospace, Defense, Shipbuilding, Oil & Gas, Mining and Automotive industries. Titomic also offers global sales and support for all of its Cold Spray AM activities from its Melbourne Head Office, as well as through local presence in the USA and Europe. Titomic delivers competitive advantages in metal additive manufacturing at every stage in the product value chain. For more information, please visit www.titomic.com. FORWARD LOOKING STATEMENTS Certain statements made in this release are forward-looking statements and are based on Titomic’s current expectations, estimates and projections. Words such as “anticipates”, “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “guidance” and similar expressions are intended to identify forward-looking statements. Although Titomic believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Titomic’s control, including those risks or uncertainties inherent in the process of both developing and commercializing technology. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forwardlooking statements made in this release relate only to events as of the date on which the statements are made. Titomic will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority. 3