ROCKETBOOTS LIMITED — Capital/Financing Update 2024

ASX: ROC 20 May 2024

RocketBoots – Successful Completion of Placement

RocketBoots Limited (‘Company’) (ASX:ROC) is pleased to announce it has received firm commitments to raise approximately $832,000 at $0.08 a share through a placement of 10,400,000 shares to new and existing shareholders.

Twyford Hawk Australia Pty Ltd acted as sole lead manager to the placement.

The new securities will be issued pursuant to ASX Listing Rule 7.1 and will rank equally with all other fully paid ordinary shares.

Proceeds raised will be used to fund working capital as the Company continues its expansion activities, advances trials and progresses contract negotiations with several customers.

Joel Rappolt, Chief Executive Officer, RocketBoots, commented:

“This capital raise, when combined with our SPP funds and forecast cash inflows in the new financial year, should provide RocketBoots with the opportunity to complete its current eight (8) international trials. Successful conversion of any of these trials to a scaled site, multi-year contract has the potential to make a significant impact on our business fundamentals.

The capital will also enable RocketBoots to install a second wave of trials, due in mid-2024 & continue converting its growing pipeline to new trials.

We look forward to updating the market on our progress in the near future.”

RocketBoots Limited ACN: 165 522 887 ASX: ROC Level 1, 6-10 O’Connell Street, Sydney NSW 2000 rocketboots.com

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About RocketBoots

RocketBoots helps retail banks and retailers deliver the best possible customer service at the lowest cost using AI to fill critical data gaps from existing workforce, customer experience and loss prevention management systems. RocketBoots (www.rocketboots.com) portfolio of software:

• Retail banking branch & digital channel service optimisation

• Retail checkout service optimisation

• Stemming loss at self checkouts & counter checkouts

End of Announcement

Authorised for release by the Board of RocketBoots Limited.

For further information contact:

• Joel Rappolt (Chief Executive Officer): [email protected]

Keep up to date with RocketBoots news and announcements:

• LinkedIn: www.linkedin.com/company/rocketboots

• RocketBoots Investor Centre: www.rocketboots.com/investors

RocketBoots Limited ACN: 165 522 887 ASX: ROC Level 1, 6-10 O’Connell Street, Sydney NSW 2000 rocketboots.com