Beam Receives US$9.03M After Fully Resolving Zoleo Dispute

• Lump-Sum Payment: Upfront amount of US$9.03 million received
• Accelerated Value Realisation: Amounts payable over 3 years received upfront
• Dispute Fully Resolved: All dispute and arbitration proceedings withdrawn

Beam Communications Holdings Limited (ASX: BCC) has received a lump-sum payment of US$9.03 million from Roadpost Inc. following the resolution of all remaining matters relating to the divestment of Zoleo Inc. The payment comprises settlement proceeds of US$2.53 million (less agreed adjustments) and US$6.5 million from the sale of Beam's equity interest in Zoleo Inc. Amounts originally payable under the Joint Venture Agreement over a three-year period have been accelerated and discounted at 8.5% per annum. Beam was originally expected to receive US$6.9 million for its 50% interest in Zoleo Inc., payable in four equal instalments over a three-year period. The agreed lump-sum payment accelerates value realisation and removes all future payment risks. The resolution delivers immediate cash proceeds, full exit certainty and the removal of all residual operational and legal exposure to Zoleo Inc., allowing Beam to focus on its core satellite communications business. Receipt of the full amount upfront materially enhances Beam's capital management flexibility, including the ability to accelerate consideration of a return of capital to shareholders.