Response to ASX Query

• KBC addresses ASX's concerns about the Waiver and financial accommodation
• Financial accommodation with WAM Active remains in place with extensions
• KBC plans to restore compliance and avoid removal from ASX by 23 August 2026
• No variations to the Waiver or security terms are considered necessary at this time
• No defaults have occurred under the financial accommodation

Keybridge Capital Limited responds to the Australian Securities Exchange's (ASX) query regarding the Waiver granted on 1 July 2025 and the financial accommodation provided by WAM Active Limited. The company confirms that the financial accommodation remains in place with extensions to the termination date. KBC does not consider any variations to the Waiver or additional conditions necessary at this time. The company is working diligently to restore compliance with its reporting, corporate governance, and meeting obligations, aiming to avoid removal from the official list by 23 August 2026. The security documents contain the required safeguards, and the financial accommodation terms have been extended to provide KBC with additional time to recapitalize and restore compliance without triggering repayment obligations or enforcement action.

KBC expects to lodge FY25 annual report within 2-3 weeks, half-year financials shortly after

KBC aims to restore compliance and avoid removal from ASX by 23 August 2026