Execution and Exchange of Binding SPA to Acquire Eonetics

• BSA Ltd to acquire 100% of Eonetics
• Proprietary aerial infrastructure technology business
• Acquisition subject to regulatory and shareholder approvals
• Completion expected post 2026 AGM

BSA Ltd has executed and exchanged a binding Share Purchase Agreement to acquire Eonetics, an Australian-developed aerial infrastructure technology business. The acquisition, which involves proprietary tethered-drone, software, and remote infrastructure capabilities, is subject to customary conditions, including legal due diligence and regulatory approvals. The completion of the acquisition is expected shortly after BSA's 2026 annual general meeting.