• Debt repayment discussions ongoing with Causeway
• Exploring trade finance or factoring facility for Microsoft-related sales
• AI Augmentation technology provides secure environment for critical data

TZ Limited (ASX: TZL) has provided a business update covering several key areas. Firstly, the company advises that a previous reference to a debt repayment date of 15 February 2026 was made in error, and the facility maturity date had actually been extended to 27 February 2026. TZ is continuing discussions with Causeway regarding repayment and refinancing options. The company is also exploring a range of funding alternatives, including a potential strategic investment, divestment of its US subsidiary, and broader balance sheet restructuring. Secondly, TZ is in discussions with multiple counterparties to establish a trade finance or factoring facility to support its Microsoft-related sales. These discussions involve cross-border structuring, product selection, and satisfying lender credit and volume criteria. The company notes it has received approximately A$2 million in purchase orders through Wesco Anixter on behalf of Microsoft over the past three months, following a successful pilot program and initial deployment. Thirdly, TZ is developing its 'AI Augmentation' technology, which aims to provide a secure environment for critical data by preventing unauthorized access. The company states that 70% of data breaches involve a human element, and its smart locks with full audit capability can benefit AI systems by creating an accurate and safe environment. TZ's clients, including Microsoft, Apple, Netflix, and the World Bank, prioritize the high security features delivered by its locks.

TZ Limited is exploring various funding options, including a potential strategic investment, divestment of its US subsidiary, and broader balance sheet restructuring, to support its ongoing operations and growth initiatives. The company is also focused on securing a trade finance or factoring facility to support its Microsoft-related sales, which have seen significant traction in recent months. Additionally, the development of the AI Augmentation technology is expected to enhance the company's data security offerings and benefit its key clients.