Announcement PDF ACN 009 104 330 25 March 2025 Company Announcements Pla1orm Australian Securi5es Exchange Indonesian-based Seaweed Opera1ons Update Highlights • • • • Wholly owned BP8 subsidiary PT BPH Global Indonesia fully registered and operaDonal Focus on expansion of operaDons in World’s largest seaweed-producing market OperaDonal infrastructure - 550m² warehouse and onshore tanks operaDonal Business development focus on supply chain and sales/oQake market expansion The Board of BPH Global Ltd (ASX: BP8) (Company) is pleased to announce that it has made significant progress regarding its Indonesian-based seaweed opera5ons. This update follows the Company’s previous announcement on 23 January 2025 that it had completed its acquisi5on of the Indonesian-based seaweed assets from its JV Partners and had commenced the joint development of the Indonesian-based seaweed business. Registra6on of Indonesian subsidiary and expansion of opera6ons The registra5on of PT BPH Global Indonesia (BP8 Indonesia), a wholly owned subsidiary of BP8, has been completed. BP8 Indonesia is headquartered in Jakarta and is the BP8 Group’s opera5ng company in Indonesia. BP8 Indonesia is responsible for the cul5va5on, purchase, and trading of seaweed, and the processing of seaweed to produce value-added products such as bios5mulant based on seaweed ingredients and/or seaweed biomass. The company will have key personnel from BP8 with MaZhew Leonard, CEO of BP8 as Commissioner of BP8 Indonesia and Deepak Jha as both Director of BP8 Indonesia and Opera5ons Director of the BP8 Group’s opera5ons in Indonesia. Why Indonesia – The strategic ra6onale Indonesia presents as a strong growth opportunity for BP8’s seaweed opera5ons due to: • Market Leadership: Indonesia is the largest global producer of seaweed (60% of global supply). • Cost & Logis6cs Efficiency: Indonesia provides many opera5onal advantages including compe55ve produc5on costs, the availability of Government incen5ves, and proximity to key Asian-based export markets. • Sustainability & ESG Compliance: The ESG benefits of seaweed farming which underpin BP8’s seaweed business provide the BP8 Group with the means to comply with its ESG compliance obliga5ons and aligns with the Indonesian Government’s policies on sustainable aquaculture. Opera6onal Infrastructure Post comple5on of the Indonesian seaweed transac5on with the Company’s JV Partners, BP8 has obtained a lease of a 550m² warehouse in Makassar, South Sulawesi in Makassar, South Sulawesi, a key seaweed processing hub. The warehouse has the capacity to hold up to 1,000 MT/month of raw seaweed. The facility is undergoing GMP (Good Manufacturing Prac5ce) & HACCP (Hazard Analysis and Cri5cal Control Point) cer5fica5on and will feature: • A full-fledged QC (Quality Control) laboratory; • A hydraulic press for packaging & loading dried seaweed; and • Dedicated administra5on, QC, and managerial teams. BP8 Indonesia also owns and operates onshore seaweed cul5va5on tanks for Ulva (Sea LeZuce) and Caulerpa (Sea Grapes) in the Takalar Regency of Indonesia. This pilot project, supported by UNIDO (United Na5ons Industrial Development Organiza5on), provides technical exper5se to scale closedsystem raceway pools for Ulva cul5va5on for sale into the food & cosme5cs industries. BP8 Indonesia’s current capacity is 1 MT/month, with plans for expansion to produc5on levels. 550m² warehouse in Makassar, South Sulawesi and onshore seaweed cul6va6on tanks for Ulva (Sea LeOuce) and Caulerpa (Sea Grapes) in the Takalar Regency of Indonesia. Supply Chain & Market Expansion BP8 Indonesia is ac5vely collabora5ng with farmers & coopera5ves across the archipelago to ensure a consistent year-round seaweed supply. In addi5on to its own cul5vated seaweed, BP8 Indonesia sources seaweed from local Indonesian farmers for on-sale to Indonesian and Asia-based buyers. The Company is currently in the advanced stages of nego5a5ng the terms of oiake agreements with carrageenan & seaweed-based product manufacturers in China & Indonesia. Ongoing updates This expansion of BP8’s seaweed opera5ons as outlined in this announcement will strengthen the Company’s global supply chain, revenue growth, and ESG posi5oning in the high-growth seaweed industry. 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 informaHon, please visit our website at www.bp8global.com or contact: Mr Paul Stephenson Chairman BPH Global Limited E: pauls@bp8global.com