• Locate Technologies to list on the New Zealand Exchange (NZX)
• IPO offer price of AU$0.068 per share (NZ$0.075 per share)
• Seeking to raise minimum of NZ$1 million in new capital

Locate Technologies Limited (ASX: LOC) has announced that the Product Disclosure Statement (PDS) for the IPO of Locate Technologies Limited ('Locate NZ') on the New Zealand Exchange has now been lodged, and the offer is officially open. The IPO of Locate NZ marks an important next step in the company's broader transition to New Zealand, following its previously announced plans to implement a Scheme of Arrangement under which Locate NZ will ultimately become the new parent company. Listing on the NZX will provide Locate Technologies with access to a more flexible capital markets environment, better aligning with its Bitcoin Treasury Strategy and long-term growth objectives. The offer price is AU$0.068 per share (or NZ$0.075 per share for subscribing using NZD), and Locate NZ is seeking to raise a minimum of NZ$1 million of new capital in the IPO. The offer is open to all investors who wish to participate in the listing of Locate NZ and is scheduled to close on Monday, 24 November 2025, although Locate NZ reserves the right to close the offer early.

Listing on the NZX will provide Locate Technologies with access to a more flexible capital markets environment, better aligning with its Bitcoin Treasury Strategy and long-term growth objectives.