Announcement PDF Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 1 / 6 Announcement Summary Entity name AMAERO INC. Announcement Type New announcement Date of this announcement 15/10/2026 The Proposed issue is: Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description Maximum Number of +securities to be issued New class-code to be confirmed Common Stock 5,411,765 Proposed +issue date 16/10/2026 Refer to next page for full details of the announcement A placement or other type of issue Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 6 Part 1 - Entity and announcement details 1.1 Name of +Entity AMAERO INC. We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type ACN Registration Number 633541634 1.3 ASX issuer code 3DA 1.4 The announcement is 1.5 Date of this announcement 15/10/2026 1.6 The Proposed issue is: A placement or other type of issue New announcement Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 3 / 6 Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? 7A.1a Conditions Approval/Condition +Security holder approval Date for determination 28/8/2026 Is the date estimated or actual? ** Approval received/condition met? Yes Comments At the Special Meeting of Stockholder on 28 August 2026, stockholders approved the issuance of up to 5,000,000 shares of Common Stock of the Company pursuant to an underwritten registered public offering. A portion of the Company's placement capacity will also be utilised to facilitate this issue. Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Common Stock +Security type Ordinary fully or partly paid shares/units Number of +securities proposed to be issued Yes No No New class Actual Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 4 / 6 Number of +securities proposed to be issued 5,411,765 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? In what currency is the cash consideration being paid? USD - US Dollar What is the issue price per +security? USD 4.25000 AUD equivalent to issue price amount per +security 6.089798 FX rate (in format AUD 1.00 / primary currency rate): AUD 1.00 FX rate (in format AUD rate/primary currency rate) Primary Currency rate USD 0.69790000 Will all the +securities issued in this class rank equally in all respects from their issue date? Ordinary fully or partly paid shares/units details +Security currency USD - US Dollar Will there be +CDIs issued over the +securities? Is it a partly paid class of +security? Is it a stapled +security? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. https://asx.api.cmfyapp.com/asx-research/1.0/file/2924-03118853-3A698362&v=undefined Part 7C - Timetable 7C.1 Proposed +issue date 16/10/2026 No No No Yes Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 5 / 6 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? 7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15% placement capacity under listing rule 7.1? 411,765 7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? 7E.1a Who is the lead manager/broker? Baird is acting as lead bookrunning manager for the Offering. Lake Street is acting as an additional bookrunning manager for the Offering. 7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker? 7% underwriting discount and commissions. 7E.2 Is the proposed issue to be underwritten? 7E.2a Who are the underwriter(s)? Baird and Lake Street 7E.2b What is the extent of the underwriting (ie the amount or proportion of the proposed issue that is underwritten)? Amaero has also granted the Underwriters a 30-day option to purchase up to an additional 705,882 Common Stock at the Initial Public Offering Price, less underwriting discounts and commissions. 7E.2c What fee, commission or other consideration is payable to them for acting as underwriter(s)? 7% underwriting discount and commissions. 7E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated. The offering is subject to customary closing conditions. 7E.3 Is a party referred to in listing rule 10.11 underwriting or sub-underwriting the proposed issue? 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue No Yes Yes No No No No Yes No No No No No Yes No Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 6 / 6 Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities Purchase of capital equipment and general corporate purposes. 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? 7F.2 Any other information the entity wishes to provide about the proposed issue 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a +disclosure document or +PDS for the +securities proposed to be issued No