NED Appointment and Credit Extension

• TZ Ltd appoints Antonino Schiavello as Non-Executive Director
• TZ enters strategic agreement with Nura Space, a workplace management platform
• Causeway Finance extends TZ's credit facility by $750,000

TZ Limited (ASX: TZL) has announced the appointment of Mr Antonino Schiavello as a Non-Executive Director, effective from 11 September 2025. Antonino Schiavello is the Co-Founder of Nura Space, a workplace management platform, and has extensive experience in scaling technology businesses and commercializing new products globally.The company has also entered into an in-principal agreement with Nura Space regarding the supply of TZ Technology to support the commercialization of Nura Space's workplace solutions in Australia and other markets. Nura Space is a wholly owned and independently operated subsidiary of the Schiavello Group.Additionally, TZ Limited's financiers, Causeway Finance, have advanced a 'bridging loan' of $750,000 to the company to enable the delivery of product to Microsoft. The bridging loan is on the same terms as TZ's original finance facility and will be repayable on 31 December 2025 along with TZ's first scheduled debt repayment of $2 million.TZ Limited is an Australian technology company that designs and delivers intelligent, digitally connected locking and smart-locker ecosystems for enterprise and government customers globally. The company's solutions span workplace and campus day-use lockers, IT asset dispensing, residential and postal parcel management, and end-of-trip facilities.