Announcement PDF ASXAnnouncement Pure Foods Tasmania Ltd | ABN: 13 112 682 158 | ASX: PFT 100 -104 Mornington Rd, Mornington TAS 7018 | Phone: +61 3 6231 4233 | Email: office@purefoodstas.com www.purefoodstas.com UPDATED ANNOUCEMENT: Issue of 15,000,000 Shares – Placement, Debt Conversion and Employee Remuneration Pure Foods Tasmania Limited (ASX: PFT) 26 August 2026 Pure Foods Tasmania Limited (ASX: PFT) (Company) refers to its announcement titled “Proposed Issue of Shares” released on Friday, 21 August 2026. The Company provides this updated announcement to clarify and provide additional information in relation to the issue of 15,000,000 fully paid ordinary shares comprising shares issued under a placement, shares issued in satisfaction of existing debt and shares issued under employee remuneration arrangements. Placement The Company issued 11,681,818 fully paid ordinary shares at an issue price of $0.022 per share, raising gross proceeds of $257,000. Of the placement shares, 2,727,273 shares were issued to J.A.F Capital Pty Ltd, a substantial shareholder of PFT, for consideration of $60,000. The remaining 8,954,545 shares were issued to other unrelated sophisticated and/or professional investors for aggregate consideration of $197,000. None of the placement subscribers is a related party or member of key management personnel of the Company. The issue price of $0.022 per share represents a 15.4% discount to the closing price of PFT shares on 25 August 2026 of $0.026 per share and a 13.5% discount to the 15-day VWAP of $0.0254 per share up to and including 25 August 2026. The placement shares were issued pursuant to the Company's available placement capacity under ASX Listing Rule 7.1, without shareholder approval. Pure Foods Tasmania Limited (ASX:PFT) | ASX Announcement May 2025 P Page 2 of 2 Debt conversion The Company issued 2,863,636 fully paid ordinary shares in satisfaction of $58,000 of existing debt, comprising: • 2,500,000 shares at a deemed issue price of $0.020 per share, in full satisfaction of $50,000 of existing debt; and • 363,636 shares at a deemed issue price of $0.022 per share, in satisfaction of $8,000 of existing debt. The issue of the shares extinguished the relevant amounts owing by the Company in respect of those debts. Employee remuneration The Company issued 454,546 fully paid ordinary shares at a deemed issue price of $0.022 per share under employee remuneration arrangements, representing an aggregate value of $10,000. The shares were issued to two employees of the Company, with 227,273 shares issued in respect of $5,000 of remuneration for each employee. Update to previous announcement This announcement updates and supersedes the Company's announcement titled “Proposed Issue of Shares” released on Friday, 21 August 2026. The Company confirms that the total number of shares issued was 15,000,000. The Company has also lodged an updated Appendix 2A correcting administrative errors contained in the Appendix 2A lodged on 24 August 2026. Corporate Malcolm McAully Chairman 036229454