• Bombora Investment Management to take a strategic stake in RocketBoots
• $1 million equity investment, subject to shareholder approval
• Bombora representative to join RocketBoots' Board

RocketBoots Limited (ASX:ROC), an artificial intelligence software company, has announced that it has agreed to extend the terms of its recent $3 million capital raise to Bombora Investment Management (or nominee) ('Bombora') as a strategic investor. The strategic investment from Bombora includes a $1 million equity investment on the same terms as the previous placement, which will equate to an approximately 7.5% stake in RocketBoots. The investment will complete simultaneously with tranche two of the Placement, and RocketBoots has agreed to appoint Bombora Portfolio Manager, Mr David Willington, to the RocketBoots Board on the same terms as the other Non-Executive Directors. The Bombora investment and Mr Willington's appointment are subject to receiving shareholder approval at an extraordinary general meeting (EGM) to be held in late May 2025. Commenting on the strategic investment, Mr David Willington of Bombora said they are excited to invest in RocketBoots to help accelerate their growth and commercial expansion, leveraging Bombora's expertise and network to unlock the full value of RocketBoots' cutting-edge AI platform. RocketBoots' Chair, Roy McKelvie, expressed delight in having an investor of Bombora's calibre join the shareholder register, noting their contribution to the company's development as it continues scaling its innovative solutions for retail loss prevention, self-checkout optimisation, and workforce management.