• RocketBoots successfully completes a trial with a multinational retailer delivering its loss prevention software
• The trial achieved the customer's objectives and show a positive return on investment
• The multinational retailer operates 1000's stores internationally
• Contract discussions are in progress

RocketBoots Limited (ASX:ROC) is pleased to announce the completion of a major customer trial for its loss prevention software in stores across the U.S. and UK. The trial was conducted with a multinational retailer and achieved the customer's objectives, generating a positive return on investment. Importantly, RocketBoots also met the customer's strict data security requirements with respect to the General Data Protection Regulation (GDPR), a critical condition for securing a contract. While the initial trial value was not material, it has since become material due to ongoing extensions and variations, with the customer having paid fees equal to approximately 8% of RocketBoots' FY2024 revenue. The engagement demonstrates strong market demand from retailers for secure and robust loss prevention solutions. RocketBoots is now working with the customer on their requirements for a global roll-out of the software. The customer is a top 10 multinational retailer with a long operating history and international presence. Due to strict privacy laws, the customer's name cannot be disclosed. RocketBoots confirms that the identity of the counterparty is not information that a reasonable person would expect to have a material effect on the price. The company also reports progress with other customers, including installing and reviewing return on investment with 3 other UK retailers, and a new trial coming online in New Zealand.

RocketBoots continues to focus on scaling the business internationally, progressing conversion of its existing pipeline as well as customer outreach initiatives targeting billion-dollar global retail grocery and banking markets.