ASX RELEASE

6 October 2023

Funding facility secured to support growth

Highlights:

• Funding facility secured with Partners for Growth to provide up to $7.5m
• Supports funding of bundled Software and Hardware contracts
• The Company is funded to pursue its organic growth objectives
• Leading environmental intelligence technology company Envirosuite Limited (ASX: EVS) (Envirosuite or the Company) is pleased to announce that it has secured a debt finance facility (Facility) with Partners for Growth (PfG)i. The Facility will support certain contractual arrangements where Envirosuite allows customers to bundle their instrumentation requirements together with their software and support components into the recurring payments over the contract term. The Facility is also intended to provide funding to support the Company’s working capital requirements. The Company reaffirms its outlook to be adjusted EBITDA less capitalised development positive on run rate basis during FY24.
• CEO & Managing Director, Jason Cooper commented,
• “We’re pleased to announce the Facility, which strategically aligns with our core business objectives: driving growth, creating long-term customer value and leveraging the increasing opportunity to bundle Software and Hardware into our Industrial customer contracts. The availability of the Facility to fund the bundled contracts adds to the Company’s contracted and recurring revenue profile and is the best strategic match for the Company’s purposes. With the Facility secured, we currently have no plans to raise further capital to fund our organic growth towards sustainable free cash flow generation.”
• Key terms of the Facility:

 Limit Interest rate Term Purpose

$7.5m

The greater of the 3 month BBSW rate plus 7.75% pa and 11.75% paii

3 years from 5 October 2023

Growth and working capital in the normal course of business, including funding trade finance and equipment finance investments

    The terms of the Facility are summarised in Annexure A in this announcement – see overleaf – aside from which there are no further material items that need to be satisfied or approved prior to drawdown.

Authorised for release by the Board of Envirosuite Limited.

For further information contact: Adam Gallagher

Company Secretary

E: adam gallagher@envirosuite.com M: +61 428 130 447

1 Envirosuite Limited Level 30, 385 Bourke St

Melbourne VIC 3000

(ASX: EVS) ACN: 122 919 948 www.envirosuite.com Phone: (02) 8484 5819

ABOUT ENVIROSUITE

Envirosuite (ASX: EVS) is a global leader in environmental intelligence and is a trusted partner to the world’s leading industry operators in aviation, mining & industrial, waste and water.

Envirosuite combines leading-edge science and innovative technology with industry expertise to produce predictable and actionable insights, that allows customers to optimise their operations, remain compliant and manage their environmental impact.

By harnessing the power of environmental intelligence, Envirosuite helps industries grow sustainably and communities to thrive.

www.envirosuite.com