• Received applications for 271,017,911 new shares from eligible institutional shareholders
• Raised $1,084,071.64 under the accelerated component of the entitlement offer
• Retail Offer to open on 21 May 2025 and close on 6 June 2025

Babylon Pump & Power Limited (ASX: BPP) has advised that the company has received applications for 271,017,911 new shares from eligible institutional shareholders under the accelerated component of the entitlement offer (Institutional Offer). This has resulted in $1,084,071.64 being raised. The company intends to issue the new shares under the Institutional Offer and lodge an Appendix 2A on 20 May 2025, applying for their quotation. As per the indicative timetable, the retail component of the entitlement offer (Retail Offer) will open on or around 21 May 2025 and close on 6 June 2025. Shareholders at 5.00pm (AWST) on 16 May 2025, who were not invited to participate in the Institutional Offer, will have the opportunity to take up their entitlement of new shares at $0.004 under the Retail Offer, on the terms and conditions set out in the Offer Document.