Prospectus

AdAlta has today lodged the attached prospectus with ASIC (“Prospectus”) in respect of ASX:1ADO listed options (“New Options”) to be offered in connection with the placement announced on 4 May 2026 (“Placement”).

The Offer is made only to sophisticated and professional investors who have been selected by the Company and who have participated in the Placement, and 62 Capital in connection with acting as lead manager for the Placement (in lieu of being paid their fees in cash). An Application Form accompanies the copy of this Prospectus distributed to those eligible sophisticated and professional investors.

This is not a pro rata entitlement offer and not all Shareholders may participate in the Offer.