Proposed issue of securities - SIS

In this recent announcement, Simble Solutions Limited proposes a placement or other type of issue for 12,000,000 fully paid ordinary securities with a maximum issue date of 28/8/2025. The company is obtaining shareholder approval for the issuance of 6,000,000 shares to Prenzler Group, under Listing Rule 7.1 capacity, and 6,000,000 shares to Kaai Capital, subject to shareholder approval. The shares are being issued in consideration for services under the JLM agreement related to the Placement. The estimated consideration for the securities is 30,000.000 AUD, and they will rank equally with existing shares in that class. The proposed issue date is 28/8/2025, and there are no lead managers or brokers involved, and the issue will not be underwritten. The purpose of issuing the securities is to compensate for the provision of services under the JLM agreement, and there will be no changes to the dividend/distribution policy. Investors are invited to ask any questions they may have regarding this announcement.