• Secures $0.81 million in private placement at $0.05 per share
• Issue price represents 22% premium to last traded price
• Funds to be used for debt repayment, Keyvision vendor payment, and growth initiatives

TZ Limited ('TZL' or the 'Company') (ASX:TZL), a leader in secure smart locking and access control technology, has raised an additional $0.81 million before costs by way of Private Placement (Placement) to new and existing professional and sophisticated investors. The Company will issue 16.2 million new fully paid ordinary shares (Placement Shares) at the issue price of $0.05 (5 cents) per share, which represents a 22% premium to the last closing price on 1 April 2026 of $0.041 (4.1 cents) and a 24.4% premium to the 15-day volume weighted average price. The Company will also issue 16.2 million new unlisted options (Placement Options) to participants in the Placement, with each option having an exercise price of $0.05 (5 cents) and an expiry date of 36 months (3 years) after the date of grant. The funds raised will be used for debt repayment, Keyvision vendor payment, project and working capital, and to support the commercial growth of TZ's smart locker, data centre security, and tenant and property services platforms. Henslow Pty Ltd acted as Lead Manager and bookrunner on the capital raise and will continue to support the Company on an ongoing basis as it evaluates growth strategies.

The Company intends to use the funds raised to repay $0.25 million of debt to Causeway Finance, make the second tranche payment for the Keyvision acquisition, and support the commercial growth of its smart locker, data centre security, and tenant and property services platforms.

The Company continues to evaluate both corporate and distribution opportunities, with a focus on the data centre sector. Keyvision is being prepared for offshore expansion, and Telezygology Inc. needs added resources to continue building its Annual Recurring Revenue. The Company will also continue to strengthen its balance sheet by reducing debt, and align costs to match Recurring Revenue to ensure cash positive moving forward.