RemSense Capital Raising

• Placement of 27.8 million shares at $0.027 per share
• Free-attaching options on a 1-for-2 basis, exercisable at $0.04 by Nov 2026
• Funds to advance virtualplant R&D, achieve ISO 27001 certification, and for working capital

RemSense Technologies Limited (ASX:REM) has agreed to place 27,800,000 fully paid ordinary shares at an issue price of $0.027 to raise $750,600 (before costs). Applicants for the capital raising will also receive a free-attaching option on a basis of one option for every two shares applied for. These options will be exercisable at $0.04 on or before 9 November 2026. The funds raised will enable the Company to advance its virtualplant research and development initiatives, achieve ISO 27001 certification, and for working capital purposes. The capital raising has been managed by Liquidity Technology Pty Ltd (Liquidity) and securities are being issued to sophisticated and professional investor clients. Subject to shareholder approval, the Directors of the Company will apply for $37,500 as part of the placement, equivalent to 1,388,886 shares and 694,443 free-attaching options. Liquidity will receive a fee of 6% for all funds raised (being $45,036 plus GST). Liquidity or their nominee(s) will be issued 5 million options on the same terms as the free-attaching options, subject to shareholder approval.

The company remains focused on disciplined execution and delivering value through strategic, long-term engagements with established relationships across clients such as Chevron, Woodside, and Newmont, while also seeing promising opportunities to extend its technology into broader applications.