• Agreement with Riverstown to offer X2M Smart Energy to purchasers across the 800-lot Glanmire Park estate in Yarrawonga, Victoria
• Estimated ~$1.6 million revenue opportunity if all homes in Glanmire Park adopt X2M Smart Energy
• Follows X2M signing a Smart Community Agreement with Resi Ventures for 1,000 lots at McMahon's Place, Victoria, and a non-binding MOU to expand across a further ~4,000 lots

X2M Connect Limited (ASX: X2M) has entered into a Smart Community Agreement with Riverstown Pty Ltd, to deploy its X2M Smart Energy solution at the Glanmire Park estate in Yarrawonga, Victoria. Under the agreement, X2M Smart Energy will be offered to purchasers across the 800-lot Glanmire Park estate. If there is full adoption across the estate, X2M estimates a revenue opportunity of approximately $1.6 million, over a period defined by the rate of lots purchased, homes built and the rate of uptake of the offer, with additional upside potential from future community battery deployment. This follows the Smart Community Agreement with Resi Ventures announced on 2 April 2026, covering 1,000 lots at McMahon's Place, Victoria, and the non-binding MOU to expand across a further ~4,000 lots in Victoria and Queensland. In total, X2M's Australian smart community pipeline now stands at up to 5,800 lots. The X2M Smart Energy solution comprises an integrated energy offering including upgraded solar, a home energy management system, access to a community battery (subject to regulatory approvals) and access to financing support. Participating homeowners are expected to save approximately $1,000 per annum on electricity costs compared to standard 7-star homes. When incorporated into home loan financing, the savings these benefits deliver have the potential to offset upfront costs and improve overall affordability from the date of home settlement.

If there is full adoption across the 800-lot Glanmire Park estate, X2M estimates a revenue opportunity of approximately $1.6 million, over a period defined by the rate of lots purchased, homes built and the rate of uptake of the offer.

X2M is building momentum in the smart communities sector, with multiple agreements now in place, demonstrating the Company's ability to embed its platform into new residential developments at scale, delivering measurable energy savings, improved liveability and smarter infrastructure management for residents. The demand for smart community solutions is accelerating, and X2M is well positioned to grow with it.