• Volt receives $4.0m in firm commitments for a Conditional Placement
• Placement to be issued at $0.135 per share, representing a discount to the last closing price
• Volt Directors to subscribe for $1.47m of shares in the Conditional Placement

Volt Group Limited (ASX: VPR) has announced that it has received firm commitments from existing shareholders, Directors and new strategic, institutional and sophisticated investors to raise $4.0m (before costs) via a Conditional Placement. The Conditional Placement will be completed through the issue of approximately 29.6 million new fully paid ordinary shares in Volt at an issue price of $0.135 per share. This issue price represents a 6.9% discount to the last closing price of $0.145 per share on 11 November 2025, and an 11.2% discount to the 15-day VWAP of $0.152 per share up to and including 11 November 2025. Volt Directors have committed to subscribe for a total of approximately 10.9 million new shares as part of the Conditional Placement, subject to shareholder approval. The funds raised from the Conditional Placement will be applied towards the proposed acquisition of 4D Delta, growth initiatives and general working capital. The Conditional Placement is subject to shareholder approval and completion of the 4D Delta acquisition. The indicative transaction timetable has the shareholder meeting scheduled for late December, with the issue of new shares and completion of the acquisition expected to occur at the same time.