Locate Technologies Cleansing Notice

NZX MARKET ANNOUNCEMENT | 1st July 2026


Cleansing Notice
Issue of financial products of the same class as quoted financial products

Locate Technologies Limited (NZX: LOC) | NZ company number 9371162
Locate Technologies Limited (NZX: LOC) (Company) is issuing 10,000,000 new ordinary
shares (New Shares) to Pure Asset Management Pty Ltd (ACN 616 178 771) in its capacity
as trustee for The Income and Growth Fund (ABN 80 976 293 282), in full satisfaction of the
buyout of the Locate2u revenue royalty described in the Company’s market announcement
of 30 June 2026. The New Shares will rank equally in all respects with the Company’s
existing ordinary shares quoted on the NZX Main Board, including the same voting, dividend
and other rights.
Pursuant to clause 20(1)(a) of Schedule 8 of the Financial Markets Conduct Regulations
2014 (Regulations) and clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013
(FMCA), the Company advises that:
1. The issue of the New Shares is being made in reliance upon the exclusion in clause
19(1) of Schedule 1 of the FMCA. The Company is giving this notice (Cleansing
Notice) under clause 20(1)(a) of Schedule 8 of the Regulations.
2. As at the date of this Cleansing Notice, the Company is in compliance with: (a) the
continuous disclosure obligations that apply to it in relation to its quoted financial
products; and (b) its financial reporting obligations, within the meaning of clause 20(5)
of Schedule 8 of the Regulations.
3. As at the date of this Cleansing Notice, there is no information that is excluded
information within the meaning of clause 20(5) of Schedule 8 of the Regulations.
4. The issue of the New Shares is not expected to have any effect on the control of the
Company within the meaning set out in clause 48 of Schedule 1 of the FMCA.
Authorised for release by the Board of Locate Technologies Limited.
For investor enquiries: investors@locatetech.nz
Locate Technologies Limited (NZX: LOC) | Cleansing Notice | 1 July 2026 Page 1

About Locate Technologies
Locate Technologies Limited (NZX: LOC) is an AI-powered delivery and logistics technology
company. The Group operates two complementary platforms: Locate2u, a route optimisation
and delivery management platform used by fleet operators, retailers, and logistics providers
internationally, with AI features deployed in the product for customers; and Zoom2u, an
on-demand courier and delivery marketplace across Australia that uses AI internally to run
its dispatch and logistics operations. The Group's platforms provide route planning, delivery
management, and real-time visibility for businesses of all sizes.
Locate Technologies is also New Zealand's first listed Bitcoin treasury company, holding
Bitcoin as a reserve asset alongside its operating businesses.


Locate Technologies Limited (NZX: LOC) | Cleansing Notice | 1 July 2026 Page 2