• X2M Connect Ltd requests trading halt pending announcement on capital raising
• Trading halt to end on earlier of announcement release or Friday, 27 February 2026
• Company not aware of any other information necessary to inform the market

X2M Connect Ltd, an Australian IoT technology company, has requested a trading halt for its securities (ASX:X2M) pending the release of an announcement concerning a capital raising. The company has requested the trading halt in accordance with ASX Listing Rule 17.1. The trading halt is expected to end on the earlier of the release of the announcement regarding the capital raising or the commencement of normal trading on Friday, 27 February 2026. X2M Connect Ltd is not aware of any reason why the trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt. The company is a leading provider of IoT solutions for utility and government customers, with its AI-powered platforms enabling real-time data exchange, remote control, and predictive insights. X2M has connected over 500,000 devices to date and continues to expand its footprint globally.