Announcement PDF BPH GLOBAL LTD ACN 009 104 330 18 February 2025 Company Announcements Pla9orm Australian Securi<es Exchange Deployment of Seaweed Blockchain Traceability PlaEorm to manage Company’s seaweed sales and supply business Highlights • • • • • SubscripJon agreement with Blockchain PlaEorm provider #dltledgers (www.dltledgers.com) Deployment of Seaweed Blockchain Traceability PlaEorm to manage Company’s seaweed sales and supply business Seaweed Blockchain Traceability PlaEorm to leverage “Proteus”, #dltledgers’ extended supply chain digitalisaJon, mulJ-party collaboraJon framework. IniJal deployment in the Company’s Indonesian-based seaweed business Three-year term subscripJon agreement The Board of BPH Global Ltd (ASX: BP8) (Company), is pleased to announce the appointment of Distributed Ledger Technologies Pte Ltd (known as #dltledgers) to provide a blockchain tracking and visibility technology pla9orm for its seaweed opera<ons. The Company has executed a 36-months subscrip<on agreement with #dltledgers to deploy blockchain tracking u<lising dltledgers’ proprietary technology framework “Proteus”. This mul<party orchestra<on pla9orm supports facilita<on of data, documents and collabora<ons against each business transac<on for sustainability, compliance, deep-<er visibility, asset tokenisa<on & end-to-end auditability (SubscripJon Agreement). The Company’s ini<al deployment of the tracking and visibility pla9orm will be in its Indonesianbased seaweed opera<ons comprising: • • • Cul<va<on and harves<ng of seaweed by the Company. Purchase of seaweed from third party suppliers; and Sales of seaweed derived from both sources to local (Indonesian) and Asian based buyers. The Company believes that the Proteus technology is par<cularly suited to the Company’s exis<ng opera<ons and its plans to expand those opera<ons on a large scale. Proteus' modular design allows for future scalability, suppor<ng expanded opera<onal capacity and addi<onal features as the Company grows and introduces new seaweed-based products. About Proteus Proteus is #dltledgers’ extended supply chain digitalisa<on pla9orm, leveraging enterprise blockchain, Gen AI, Digital Assets and Web3 frameworks to enhance collabora<on and authen<city for mul<-party orchestra<on in supply chain. Proteus facilitates a unified datasharing process, addressing challenges in cross-border transac<ons and reliance on incompa<ble technologies. It streamlines inter-organisa<onal data sharing, improves visibility, and ensures opera<onal and regulatory compliance across supply chains and this is enabling use cases across sustainability, compliance, deep <er visibility, Digital assets and tokeniza<on across Enterprises and Banks. SubscripJon Agreement The three-year (3 year) subscrip<on begins on 17 February 2025 and runs through 16 February 2028. Pursuant to the Subscrip<on Agreement, #dltledgers will work with the Company to support the configura<on of Seaweed Blockchain Traceability Pla9orm to deployment. This deployment will happen in conjunc<on with BPH Global and will include setup, training and tracking digi<sa<on as per agreed scope. Seaweed blockchain tracking The ini<al focus is on the Company’s Indonesian seaweed opera<ons, including cul<va<on and procurement from independent farmers. Key data captured and authen<cated in #dltledger’s Proteus Chain of Compliance Pla9orm includes (but not limited to): Ø Ø Ø Ø Ø Ø Ø Date of plan<ng seaweed cul<vars. Species of seaweed cul<var planted. Loca<on of seaweed planted (Example Sulawesi, Batam etc.). Date of harves<ng. Amount in wet weight harvested in that batch. Amount in dry weight acquired ader processing in that batch and Shipping info per batch (delivery of product to clients). The detailed informa<on will be finalised in the scoping workshops scheduled in second half of February and/or early March 2025. Seaweed blockchain tracking flow chart – Seaweed culJvated by BP8 Planting by BP8 Grown out cycle Harvesting Processng plant Treatment plant Grinding Quality Control (QC) testing Packaging Shipping End customer Seaweed blockchain tracking flow chart – Seaweed acquired by BP8 from 3rd party farmers Planting by 3rd Party Famer Grown out cycle Harvesting Purchase by BP8 Processing plant Treatment plant Grinding Quality control (QC) testing Packaging Shipping End customer Following the Company’s ASX announcement on 23 January 2025 regarding its Indonesianbased Seaweed Joint Venture Transac<on, efforts con<nue to expand cul<va<on, secure supply agreements with farmers, and establish long-term off-take agreements with buyers. Proteus PlaEorm: Enhancing Supply Chain Visibility and Compliance Key Business Challenges Ø OperaJonal and Regulatory Compliance: Ensuring adherence to Policy and regulatory requirements for cul<va<on, procurement, and supply Ø Complex Supply Chains: Tracking data, documents and informa<on across mul<-<ered, & global supplier base. Ø Data VerificaJon: Reducing costs and inefficiencies in compliance repor<ng Ø Risk MiJgaJon: Avoiding financial penal<es, reputa<onal damage, and market access restric<ons Blockchain-Powered PlaEorm Ø Immutable Ledger: Secure, tamper-proof records of transac<ons Ø Enhanced Traceability: Real-<me tracking from source to end-user in a digital mul<party framework with audit trails Ø Smart Contracts: Automated compliance verifica<on and governance across defined processes and authorised users in a private, permissioned mul<-party framework Ø Stakeholder CollaboraJon: Secure, transparent data sharing across the supply chain with ac<vity logs Value ProposiJon and Business Benefits of Proteus PlaEorm to BPH Global By leveraging Proteus, BPH Global aims to: Ø Ensure opera<onal and regulatory compliance and mi<gate opera<onal and noncompliance risks Ø Enhance stakeholder trust through transparency and efficiency Ø Improve opera<onal efficiency by reducing paperwork and manual processes Ø Strengthen compe<<ve posi<oning by offering improved client services and facilitate sustainability ini<a<ves Future ApplicaJons of Blockchain Tracking Beyond its Indonesian seaweed opera<ons, the Company sees poten<al for Proteus in other areas, including: Ø Ø Ø Ø Ø Bio-s<mulant produc<on and sales Nutraceu<cal extrac<on for food and cosme<cs Mineral and chemical extrac<on for industrial applica<ons Biogas produc<on from seaweed processing Carbon credit tracking The Company is also exploring the use of biomarkers to enhance traceability, biosecurity, and carbon sequestra<on measurement, which could be integrated into the Seaweed Blockchain Traceability Pla9orm as part of its R&D ini<a<ves. About #dltledgers #dltledgers (hmps://dltledgers.com) is led by an experienced founder and a seasoned leadership team. Since Proteus’ launch in early 2018, the mul<-party orchestra<on pla9orm has facilitated over $3 billion in trade finance transac<ons, working with more than 20 enterprises, 65 banks, and mul<ple supply chain partners. The company operates in North America, Singapore, Australia, Japan, India, New Zealand and Dubai serving MENA (Middle East and North Africa) region serving clients across diverse industries, including automo<ve, consumer goods, financial services, high tech, aerospace, healthcare, natural resources, and chemicals with focus use cases in Sustainability, Compliance, Deep Tier Visibility, Digital Assets and Tokeniza<on. Proteus Customer References can be found at: hmps://www.youtube.com/watch?v=13KVohCKZy4&t=664s Future Updates The Company will provide further updates on the deployment and opera<on of the Seaweed Blockchain Traceability Pla9orm in due course. This announcement has been approved for release by the Board of Directors. - END For further informa=on, please visit our website at www.bp8global.com or contact: Mr Paul Stephenson BPH Global Limited Chairman E: pauls@bp8global.com