TruScreen Group Ltd (“TRU”) – Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Thursday, 21 May 2026
Subject
: TruScreen Group Limited (“TRU”) – Trading Halt of Securities


Message
:
NZ RegCo has approved a trading halt application from TruScreen Group Limited (“TRU”).
Trading in TRU equity securities was halted at pre-market open today.

Attached is the trading halt application, for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

NZX/ASX Announcement
21 May 2026
Trading Halt Request

To: ASX Limited
Level 27, 39 Martin Place
Sydney NSW 2000
Australia
TradingHaltsNZ@asx.com.au
NZ RegCo
11 Cable St
Wellington
New Zealand
issuer@nzregco.com

Request for Trading Halt: TruScreen Group Limited (NZX: TRU, ASX: TRU)
1. TruScreen Group Limited (TruScreen) requests a trading halt to be applied to its ordinary shares
quoted on NZX and ASX (Shares) under NZX Listing Rule 9.9.1(a) and ASX Listing Rule 17.1, and set out
below details of the request as per the rules of each of ASX and NZX.

2. TruScreen would like the trading halt to commence pre-market open on 21 May 2026 (being 8.30am
NZT).

Reasons for Trading Halt
3. TruScreen proposes to undertake a capital raising, comprising of:

a. a placement to institutional and other select investors in New Zealand and Australia to raise
up to NZ$1,000,000 (A$833,333) by the issue of up to 71,428,571 Shares at an issue price of
NZ$0.014 (A$0.012) per Share (Placement) and one (1) Option for every two (2) New Shares
subscribed with an exercise price of NZ$0.014 (A$0.012) and expiry date two (2) years from
date of issue. TruScreen also intends to issue up to 30,000,000 options to the joint lead
managers of the Placement (SP Corporate Advisory Pty Ltd and Erity Capital Pty Ltd) in
consideration for services provided, subject to Shareholder approval; and

b. a one (1) for five (5) pro-rata renounceable rights issue to raise up to circa NZ$1.943 million
(A$1.644 million) (Rights Offer).

4. TruScreen also proposes to offer a variation in respect of the 204,741,031 unlisted options currently
on issue (the Existing Options) to extend the expiry date of all Existing Options to 17 July 2027. All
other terms and conditions of the Existing Options, including the exercise price of NZ$0.022 (A$0.02)
per option, will remain unchanged.

5. The amount of the Placement may be price sensitive for TruScreen's Shares and/or otherwise material
for TruScreen.

How long we want the Trading Halt to last
6. Accordingly, TruScreen requests a halt in the trading of TruScreen's Shares from pre-market open on
21 May 2026 (being 8.30am NZT), with trading resuming at the earlier of:
a. market open on 25 May 2026 in respect of the NZX and ASX; or
b. the time of the announcement that the Placement has completed.
7. TruScreen expects to be able to make an announcement to the market via the NZX Market
Announcement Platform and on the ASX that the Placement has completed no later than 10.00am NZT
on 25 May 2026 (the Placement Completion Announcement).
8. As soon as the trading halt is applied, TruScreen expects to be in a position to announce to the market
via the NZX Market Announcement Platform and on ASX that the Placement is occurring (including an
NZX cleansing notice and investor presentation) and is proposed to be followed by the Rights Offer.
The halt should continue to apply despite these announcements being made - it is only the Placement
Completion Announcement that should lift the trading halt. TruScreen will confirm with you at the
time the Placement Completion Announcement is made that the halt should be lifted.

The event we expect to happen that will end the Trading Halt
9. We expect the trading halt to end on the issue, by TruScreen, of the Placement Completion
Announcement.
10. TruScreen confirms it has no other information necessary to inform the market about the trading halt
or that ASX or NZ RegCo have requested and that it is not aware of any reason why the trading halt
should not be granted.
11. TruScreen will advise you upon becoming aware if the Placement Completion Announcement referred
to above will not be made or if there is to be a change in timeframe.
12. Please contact TruScreen if you require further information in relation to the above

Approved by the TruScreen Group Limited Board.
Yours sincerely
For and on behalf of TruScreen Group Limited



Guy Robertson

Chief Financial Officer
Truscreen Group Limited



For more information, visit www.truscreen.com or contact:
Tony Ho
Executive Chairman
tonyho@truscreen.com

Guy Robertson
Chief Financial Officer
guyrobertson@truscreen.com
Jack Zhang
Media & Investor Relations
jack@sparkplus.org

About TruScreen:

TruScreen Group Limited (NZX/ASX: TRU) is a medical device company that has developed and
manufactures an AI-enabled device for detecting abnormalities in the cervical tissue in real-time via
measurements of the low level of optical and electrical stimuli.
TruScreen’s cervical screening technology enables cervical screening, negating sampling and
processing of biological tissues, failed samples, missed follow-up, discomfort, and the need for costly,
specialised personnel and supporting laboratory infrastructure.
The TruScreen device, TruScreen Ultra
®
, is registered as a primary screening device for cervical cancer
screening.
The device is CE Marked/EC certified, ISO 13485 compliant and is registered for clinical use with the TGA
(Australia), MHRA (UK), NMPA (China), SFDA (Saudi Arabia), Roszdravnadzor (Russia), and COFEPRIS
(Mexico). It has Ministry of Health approval for use in Vietnam, Israel, Ukraine, and the Philippines, among
others and has distributors in 29 countries. In 2021, TruScreen established a manufacturing facility in
China for devices marketed and sold in China.
TruScreen technology is recognised in CSCCP’s (Chinese Society for Colposcopy and Cervical
Pathology) China Cervical Cancer Screening Management Guidelines and the COGA Blue Book.
In Dec 2023 TruScreen technology was added to the Vietnam Ministry of Health approved National
Technical List, for use in Vietnam’s public and private healthcare sectors and in 2024 was added to the
Russian guidelines for the screening of cervical cancer.
In financial year 2024 alone, over 200,000* examinations were performed with the TruScreen device. To
date, over 200 devices have been installed and used in China, Vietnam, Mexico, Zimbabwe, Russia, and
Saudi Arabia. TruScreen’s vision is “A world without the cervical cancer”.
To learn more, please visit: www.truscreen.com/.
*Based on Single Use Sensor sales.

About DaltonBio:

DALTON BioSciences ("DALTONbio") is a global, innovative medical technology company focusing on in
vitro diagnosis (IVD) in women's health and oncology. DALTONbio is the leader in human
papillomavirus (HPV) nucleic acid testing and comprehensive cervical cancer detection and screening.
Its HPV DNA detection kits (DH HPV test series) are the world's only products based on its third-
generation proprietary hybrid-capture technology, which provides HPV genotyping without requiring
nucleic acid extractions and amplifications. This technology is well-suited for the detection of high-risk
types of HPV and cervical cancer screening. DALTONbio’s exceptional, clinically proven products have
served tens of millions of lives in the world. They have aided health professionals in detecting,
diagnosing, and treating illnesses earlier and more effectively, resulting in healthier people everywhere,
every day.
To learn more, please visit: www.daltonbio.com/.