Announcement PDF ASX Announcement 30th April 2025 Energy Technologies Limited 3Q FY2025 Quarterly Activities Report and Appendix 4C Key highlights:  Quarterly cash receipts of A$2.193m, down 6.8% on the preceding quarter; and  Net Cash operating outflows of A$939k, up 37.5% on the previous quarter. Energy Technologies Limited (ASX: EGY or “the Company”), is pleased to release its Quarterly Activities Report and Appendix 4C Quarterly Cash Flow Report for the period ended 31st March 2025 (“3Q FY2025”). Cash receipts for the quarter were 6.8% lower than 2Q FY2025, the results are consistent with management expectations as the Board continues to review opportunities to appropriately and sustainably resource the Company’s robust order and tender book. Through disciplined management, EGY has maintained both value and margin in the order book during 3Q FY2025 and is a demonstrated positive outcome of the revised business plan strategy communicated to the Market in the September 2024 EGY Investor Presentation. The benefits of this strategy will be further unlocked upon finalisation of the review and adoption of a balanced capital structure, contained therein said Presentation, which permits the Company to fully realise the business plan trajectory. At the conclusion of 3Q FY2025 the Company maintained unused financing facilities of c. A$7.8m which included c. A$890k net proceeds from the additional funding received in 3Q FY2025. Whereas the facility headroom is adequate to support the execution of the current order book, the Board does not consider the type of facilities to be appropriate to support the longer-term funding of an upscaled order and tender book. Consequently, tendering activity has been curtailed pending implementation of a capital structure which complements the step change in the working capital requirements of the business and in this respect the Board is actively evaluating those capital management opportunities presented. ASX Listing Rule 4.7C.3 In accordance with ASX Listing Rule 4.7C, payments made to related parties included in item 6.1 of the Appendix 4C incorporate director’s fees, salary and superannuation benefits. EGY paid a total of $60,285 in Director’s Fees, Salaries and superannuation to the related parties in this current quarter. EGY confirms that it conducted business as usual there were no substantive changes to it’s activities during Q3FY25. EGY’S primary activity is the manufacture and sale of specialist industrial cables and ancillary products through wholly owned subsidiary Bambach Wires and Cables Pty Ltd. Figure 1: EGY Quarterly Cash Receipts (A$’000) 4411 4390 4085 4211 4151 4758 4099 3733 3127 3242 3306 2790 2672 2352 Q1 2193 Q2 Q3 F Y22 F Y23 F Y 24 Q4 F Y25 – END – About Energy Technologies Energy Technologies Limited (ABN 38 002 679 469) specialise in providing high-quality electrical cables for a wide range of applications across the Low Voltage (LV), Medium Voltage (MV), and High Voltage (HV) markets. Our comprehensive product offerings cater to diverse industries, with a particular focus on Infrastructure, Renewables, Defence and Mining sectors. Learn more about Energy Technologies at website www.energytechnologies.com.au. For more information, please contact: General enquiries Corporate Communications Mr. Gregory Knoke Company Secretary greg.knoke@energytechnologies.com.au This announcement is authorised by Energy Technologies Limited’s Board of Directors Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Name of entity ENERGY TECHNOLOGIES LIMITED ABN Quarter ended (“current quarter”) 38 002 679 469 31st March 2025 Consolidated statement of cash flows 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for Current quarter $A’000 Year to date (9 months) $A’000 2,193 7,787 - - (1,825) (6,819) - (64) (d) leased assets (42) (118) (e) staff costs (658) (2,864) (f) (421) (1,050) (a) research and development (b) product manufacturing and operating costs (c) advertising and marketing administration and corporate costs 1.3 Dividends received (see note 3) - - 1.4 Interest received - - 1.5 Interest and other costs of finance paid (188) (797) 1.6 Income taxes paid - - 1.7 Government grants and tax incentives 2 197 1.8 Other (restructure) - - 1.9 Net cash from / (used in) operating activities (939) (3,728) 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) businesses - - (c) property, plant and equipment - (77) (d) investments - - Consolidated statement of cash flows 2.2 Current quarter $A’000 Year to date (9 months) $A’000 (e) intellectual property - - (f) - - (a) entities - - (b) businesses - - (c) property, plant and equipment - 2 (d) investments - - (e) intellectual property - - (f) - - other non-current assets Proceeds from disposal of: other non-current assets 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Government Grant - - 2.6 Net cash from / (used in) investing activities - (75) 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) - 725 3.2 Proceeds from issue of convertible debt securities - - 3.3 Repayment from issue of convertible debt securities - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities (3) (7) 3.5 Proceeds from borrowings 1,720 5,670 3.6 Repayment of borrowings (827) (2,634) 3.7 Transaction costs related to loans and borrowings - - 3.8 Dividends paid - - 3.9 Proceeds from exercise of options - - 3.10 Net cash from / (used in) financing activities 890 3,754 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 67 67 4.2 Net cash from / (used in) operating activities (item 1.9 above) (939) (3,728) Consolidated statement of cash flows Current quarter $A’000 Year to date (9 months) $A’000 4.3 Net cash from / (used in) investing activities (item 2.6 above) - (75) 4.4 Net cash from / (used in) financing activities (item 3.10 above) 890 3,754 4.5 Effect of movement in exchange rates on cash held - - 4.6 Cash and cash equivalents at end of period 18 18 5. Reconciliation of cash and cash equivalents Current quarter $A’000 Previous quarter $A’000 at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts 5.1 Bank balances 18 67 5.2 Call deposits - - 5.3 Bank overdrafts - - 5.4 Other (provide details) - - 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 18 67 6. Payments to related parties of the entity and their associates 6.1 Aggregate amounts of payments to related parties and their associates included in item 1 60 6.2 Aggregate amounts of payments to related parties and their associates included in item 2 - Current quarter $A'000 Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. 6.1 $13k Director’s Fee and $47K remuneration (inclusive of superannuation) 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities 10,170 4,902 7.2 Credit standby arrangements 6,000 3,500 7.3 Other (please specify) 12,159 12,159 7.4 Total financing facilities 28,329 20,561 7.5 Unused financing facilities available at quarter end 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. 7,768 7.1: Secured Debtor Finance Facility - lender Earlypay Cashflow Finance Pty Ltd. Interest is charged on the facility at rate of the base rate, currently 12.85% less margin rate of 1.85%. Balance drawn at end of quarter $595,491. No maturity date. 7.1 Secured Trade Finance Facility – lender Earlypay Cashflow Finance Pty Ltd. Term Charges 5.85% per 120 days. Balance drawn at end of quarter $1,536,943. No maturity date. 7.1 Short-term loans of $2,770,000 from shareholders and convertible note holders, of which $1,300,000 are secured loans and $1,470,000 unsecured loans. These loans incur an interest rate of 18.00% per annum and mature in March 2026. 7.2 A $6,000,000 line of credit has been provided by a shareholder and convertible note holder, to be drawn upon as required, and is in place until 31st October 2025. The interest rate on the facility is 18.00% per annum. A total of $3,500,000 has been drawn down and is a secured loan. 7.3 Secured Equipment Finance loan with balance outstanding at end of quarter $1,125,677. Interest rate 13.81% per annum and Lender Grow Funding Pty Ltd. Matures August 2027. 7.3: Secured Equipment Finance loan with balance outstanding at the end of quarter $81,415. Interest rate 15.80% per annum and Lender Procuret. Matures 5th March 2026. 7.3 Secured loan from director for $190,000. Interest rate 10.00% per annum. Maturity Date is as agreed by the parties. 7.3 Secured Convertible Notes issued of $10,761,500 to noteholders. These notes have a face value of $1.00, attract a coupon rate of 10.00% per annum and are convertible at $0.08. Of these notes, $186,500 matures in September 2025, $600,000 matures in October 2025, $1,650,000 matures between November 2025 to February 2026, $1,755,000 matures in March 2026 and $6,570,000 matures in September 2026. All notes can be paid back by the company at their discretion. 8. Estimated cash available for future operating activities $A’000 8.1 Net cash from / (used in) operating activities (item 1.9) (939) 8.2 Cash and cash equivalents at quarter end (item 4.6) 18 8.3 Unused finance facilities available at quarter end (item 7.5) 7,768 8.4 Total available funding (item 8.2 + item 8.3) 7,786 8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1) 8.29 Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.5. 8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions: 8.6.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? Answer: N/A 8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: N/A 8.6.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Answer: N/A Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: 30th April 2025 Authorised by: EGY BOARD OF DIRECTORS..................................................................... (Name of body or officer authorising release – see note 4) Notes 1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so. 2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report. 3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity. 4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [name of board committee – eg Audit and Risk Committee]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”. 5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.