Announcement PDF 2 July 2025 Company Announcements Pla5orm Australian Securi9es Exchange Temasek Polytechnic (Singapore) R&D agreement – Development of seaweed-based bio-sAmulant formulaAons to promote higher growth and yields in the oil palms and rice Highlights • • • • • R&D Project to develop innovaAve seaweed-based bio-sAmulant formulaAons R&D program undertaken by Temasek Polytechnic, overseen by Company’s R&D consultant Bio-sAmulants to target improved growth, yield, nutrient uptake, and stress tolerance in crops IniAal commercial focus on oil palm and rice industries in Southeast Asia Early-stage discussions underway for a potenAal bio-sAmulant producAon plant in Indonesia The Board of BPH Global Ltd (ASX: BP8) (Company), is pleased to announce the execu9on of a research and development consultancy agreement with TP Innova9on Holdings Pte Ltd (TPIH), ac9ng on behalf of Temasek Polytechnic in Singapore. Under the agreement, the Company’s wholly owned, Singapore-based subsidiary Stemcell United Pte Ltd (BP8 Singapore) has engaged TPIH to conduct research into the extrac9on and analysis of seaweed components for formula9on as bio-s9mulants. These formula9ons are intended to enhance growth rates and yields in oil palm trees and rice crops (ConsulAng Agreement). Managing Director MaVhew Leonard said: “This agreement marks another significant step forward in our strategy to unlock the full poten9al of seaweed-derived products. Partnering again with TPIH and Temasek Polytechnic allows us to tap further into their high quality R&D capabili9es, accelera9ng the development of bio-s9mulants that support sustainable agriculture while also advancing our ambi9ons in the Tradi9onal Chinese Medicine and func9onal food sectors.”. The Company’s objecAves and business model In its announcement to the market on 23 January 2025 regarding comple9on of the Indonesian seaweed project acquisi9on, the Company stated that it would combine its proprietary seaweedsector intellectual property and resources with those of its joint venture partners to focus on the research, development, and commercialisa9on of seaweed-based bio-s9mulant formula9ons. As a value-added product, the development and sale of bio-s9mulants aligns with the Company’s medium-term objec9ve of establishing a suite of higher-margin, seaweed-based solu9ons targe9ng the agricultural and wellness sectors. As part of its broader commercialisa9on strategy, the Company also proposes to establish its own manufacturing facility for the produc9on of seaweed-based bio-s9mulants. Early-stage discussions have commenced with poten9al partners and stakeholders regarding the feasibility of establishing a plant in Indonesia. This ini9a9ve aligns with the Company's long-term objec9ve to secure greater control over its supply chain, reduce produc9on costs, and support regional agricultural markets through localised manufacturing capabili9es. The Company will provide further updates on this ini9a9ve in due course. About Bio-SAmulants and Seaweed R&D Focus Bio-s9mulants are natural biological substances that, when applied to plants, s9mulate their internal processes. These enhancements promote more efficient nutrient use, support growth, and improve resilience against abio9c and bio9c stressors. Unlike tradi9onal fer9lisers, which supply nutrients directly, bio-s9mulants act by ac9va9ng the plant's own physiological mechanisms. The aim of this R&D program is to formulate seaweed-derived bio-s9mulants that enhance nutrient availability and uptake in food crops, with a focus on improving outcomes associated with Tradi9onal Chinese Medicine (TCM) through the development of func9onal foods. Seaweeds—macroalgae found in marine and coastal ecosystems—are essen9al components of global biodiversity. They are known to contain a complex array of bioac9ve compounds, including: • Carbohydrates; • Amino acids; • Phytohormones; • Osmoprotectants; and • Proteins. Seaweed-based bio-s9mulants work by enhancing several key areas of plant performance: • Enhanced growth and yield – s9mulate root and shoot development. • Improved nutrient uptake – boost fer9liser efficiency by increasing nutrient absorp9on. • Greater stress tolerance – help plants withstand drought, salinity, heat, and cold. • BeOer crop quality – improve fruit size, colour, flavour, and shelf-life. As part of this project, research will focus on the bio-s9mulant poten9al of three specific seaweed species: • Eucheuma co*onii; • Gracilaria spp; and • Ulva Lactuca. These species were selected for their availability, established use in seaweed farming, and their documented bioac9ve proper9es. The Company’s iniAal industry focus The Company’s commercialisa9on strategy will ini9ally target the oil palm and rice growing industries, two of the most significant crop sectors across Southeast Asia. Seaweed-based bios9mulants are already being used in these industries to promote root development, improve nutrient uptake efficiency, and enhance resistance to abio9c stressors such as drought and salinity. In oil palm cul9va9on, bio-s9mulants have been shown to improve fruit bunch weight and oil yield, while in rice farming, they have demonstrated posi9ve effects on grain size, 9llering, and overall crop uniformity. By leveraging scien9fic research and regionally available seaweed biomass, the Company aims to offer high-performance, sustainable solu9ons tailored to the needs of large-scale agricultural producers. The services to be provided by TPIH Under the Consultancy Agreement, TPIH will conduct a feasibility study focused on the extrac9on and analysis of seaweed components for use in the formula9on of seaweed-based bio-s9mulants. The key components of the work program are: • ExtracAon of bio-sAmulants from seaweeds: BP8 Singapore will provide clean, dried seaweed samples to TPIH, comprising the following species: o Eucheuma Co*onii; o Gracilaria; and o Ulva Lactuca. The samples will be finely ground into powder form prior to extrac9on. To ensure op9mal recovery of bioac9ve compounds, TPIH will explore mul9ple extrac9on methodologies comprising: o fermenta9on extrac9on; o solvent extrac9on; and o boiling extrac9on. • TesAng methodologies for bio-sAmulants: TPIH will conduct mineral content analysis using Induc9vely Coupled Plasma Mass Spectrometry (ICP-MS) to determine concentra9ons of essen9al macro- and micro-nutrients. This will support efficacy valida9on for plant growth enhancement. • Data analysis: Analysis will focus on the nutri9onal profile of each seaweed sample, including macro- and micro-nutrient concentra9ons and auxin levels. The objec9ve is to iden9fy the most promising composi9ons for effec9ve bio-s9mulant formula9ons. • FormulaAon: The seaweed extracts obtained will be used to create trial bio-s9mulant formula9ons: o Three individual formulaAons, each based on one of the three seaweed species combined with appropriate addi9ves; and o Combined formulaAons using mixed extracts from all three species, also blended with relevant addi9ves. Deliverables: TPIH will provide BP8 Singapore with the following: o A report on op9mal extrac9on methodologies for each seaweed species; and o A summary of preferred formula9ons, based on tes9ng outcomes. Timelines: TPIH will provide the services in accordance the following 9meline milestones: o Tes9ng of the various extrac9on methodologies (Weeks 1-3); o Initial testing of bio-stimulant extracts (Week 4); o Refining of extraction processes (Week 5-6); o Data analysis and report preparation (Week 7-8); and o Production of trial bio-stimulant formulations (Week 8). • • Throughout the project, TPIH will review preliminary results in consulta9on with BP8 Singapore and adjust experimental approaches as required. Other material terms of the TPIH Consultancy Agreement Other material terms of the Consultancy Agreement: • • • • The term of the Consul9ng Agreement is two (2) months from the commencement date (15 July 2025) ending on 15 September 2025. In considera9on of TPIH providing the R&D services, BP8 Singapore will pay TPIH SGD$1,640.63 + GST (Project Fee). The Project Fee is payable in full by the commencement date. All Project intellectual property is the property of BP8 Singapore. The Company grants TPIH and its affiliates and/or subsidiaries an irrevocable, non-exclusive, royalty-free, perpetual, worldwide licence to use the Project Intellectual Property owned by the Company for non-commercial purposes including, but not limited to, the undertaking of any collabora9ve projects with any third party. About Temasek Polytechnic Temasek Polytechnic is a leading ins9tu9on of higher learning located in Tampines, Singapore. Established in 1990, the campus of Temasek Polytechnic sits on a 30 hectare plot near the Bedok Reservoir in the eastern part of Singapore. The ins9tute has approximately 15,000 full-9me students and more than 1,200 academic and administra9ve staff. Temasek Polytechnic offers 37 full-9me diploma courses in the areas of applied sciences, business, design, engineering, humani9es & social sciences, and informa9cs & IT. Authorised for lodgement by the Board of the Company For further informa9on, please visit our website at www.bp8global.com or contact: Mr Paul Stephenson Chairman of BPH Global Limited E: pauls@bp8global.com