Disclosure of movement of 1% or more in substantial holding

1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To Locate Technologies Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 12 December 2025
Date this disclosure made:15 December 2025
Date last disclosure made: 3 December 2025
Substantial product holder(s) giving disclosure
Full name(s): Novus Capital Limited (ACN 006 711 995)
Summary of substantial holding
Class of quoted voting products: ordinary shares
Summary for Novus Capital Limited
For this disclosure,—
(a) total number held in class: 44,039,252
(b) total in class: 58,333,333
(c) total percentage held in class: 75.496%
For last disclosure,—
(a) total number held in class: 45,000,000
(b) total in class: 58,333,333
(c) total percentage held in class: 77.143%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On market sales totalling
965,598 units for total consideration of $77,247.84 NZD through use of the ATM Facility
Additional information
Address(es) of substantial product holder(s): Level 19/15 Castlereagh St, Sydney NSW
Australia
Contact details: Hayden Kerr, Corporate Advisor, Novus Capital Limited
+61 404 047 593, haydenk@novuscapital.com.au

2
Certification
I, Hayden Kerr, Corporate Advisor at Novus Capital Limited, certify that, to the best of my
knowledge and belief, the information contained in this disclosure is correct and that I am
duly authorised to make this disclosure by all persons for whom it is made.