• Existing shareholders can acquire shares on same terms as strategic investor LMS Energy
• Funds to be used for general working capital and growth in bioenergy infrastructure pipeline
• Offer capped at $2.2 million, with ability to scale up if oversubscribed

Delorean Corporation Limited (ASX: DEL) has announced a Share Purchase Plan (SPP) offer, providing existing eligible shareholders the opportunity to acquire shares on the same terms as the recent $2.2 million placement to strategic investor LMS Energy. The SPP offer is open from 4 May 2026 to 25 May 2026, with eligible shareholders able to purchase up to $30,000 worth of shares at $0.09 per share, representing a 10% discount to the 5-day VWAP prior to announcement. The proceeds from the SPP will be used for general working capital and to support the company's growth in its bioenergy infrastructure development pipeline, including the completion of its first build/own/operate bioenergy facility SA1 in South Australia and the advancement of its NSW1 and VIC1 projects. While the SPP is capped at $2.2 million, the company may accept additional subscriptions or scale back applications if oversubscribed. Delorean is one of Australia's leading bioenergy companies, with a track record of four successful commercial scale bioenergy facilities across Australia and New Zealand, and is actively pivoting into a significant renewable gas infrastructure owner with high growth prospects.

Delorean is actively pivoting into a significant renewable gas infrastructure owner, with high growth prospects. The company is in the advanced stages of construction of its 100% owned flagship SA1 Salisbury facility, which will deliver biomethane into the gas network and produce biogenic liquid CO2, and has advanced plans to progress the rollout of its 100% owned NSW1 and VIC1 facilities.