Announcement PDF 16 December 2024 Company Announcements Pla1orm Australian Securi5es Exchange BPH Global receives funding commitments of A$125,000 by way of private placement Highlights • • The Company receives commitments from investors of A$125,000 for a private placement AllocaAon of funds to commence Indonesian-based seaweed business Placement BPH Global Ltd (ASX: BP8) (Company) is pleased to advise that it has secured firm commitments from professional and sophis5cated investors to raise A$125,000 (before expenses), through the issue of approximately 41,666,667 fully paid ordinary shares (“Shares”) at an issue price of A$0.003 (0.3 cents) per Share (“Placement”). The Company’s Placement offer was fully subscribed. The Company will issue the Shares to par5cipants in the Placement pursuant to the Company’s available placement capacity under Lis5ng Rule 7.1. The current Placement offer pursuant to Lis5ng Rule 7.1 is now closed. The Company also proposes to issue one (1) free aZaching unlisted op5on for each two Shares subscribed for under the Placement (“Op5on”), subject to the Company obtaining shareholder approval at an Extraordinary General Mee5ng of its members which is expected to take place in February 2025. The Op5ons will expire three years from the date of issue and be exercisable at A$0.006 into one (1) ordinary share in the Company. The funds raised under the Placement will be used for: • The costs associated with the comple5on of the Company’s Indonesian seaweed-based business transac5on; • The costs associated with opera5ng the Indonesian based-seaweed business post comple5on of the transac5on; • Working capital; and • Costs of the Placement. Indonesian seaweed-based business On 24 October 2024 the Company announced it had entered into a binding term sheet to acquire Indonesian-based assets for the joint development of an Indonesian-based seaweed business. The Company has given no5ce to the JV Partners that it has successfully completed its due diligence review and is proceeding to comple5on of the transac5on. The Company and the JV Partners are now focussed on sa5sfying the remaining condi5ons precedent to comple5on. The Company an5cipates that comple5on will occur prior to 31 December 2024. The Company will use part of the proceeds from the placement to fund in part the comple5on arrangements and the costs associated with the development of the Indonesian-based seaweed business. These development costs include: • The cost to the Company of incorpora5ng a wholly owned, Indonesian-based subsidiary (BP8 Indonesia) to operate the Indonesian-based seaweed business; • The cost of obtaining various permits in the name of BP8 Indonesia to operate the business; and • The purchase of ini5al seaweed stock. The Company will provide further updates in due course on its progress with these maZers. - END Authorised for lodgement by the Board of the Company For further informa5on, please visit our website at www.bp8global.com or contact: Mr Paul Stephenson Chairman of BPH Global Limited E: pauls@bp8global.com