Ann: H1 FY22 Results Release, page-2

Key H1 FY22 highlights:
• Secured first commercial deal, licensing Weebit’s ReRAM technology to volume production with US-based semiconductor foundry SkyWater Technology Inc.
• Technology transfer to SkyWater’s US fab is on-track, with qualification to follow
• Successfully scaled down and demonstrated Weebit’s ReRAM technology at 28nm; and looking to scale down to even smaller geometries
• Raised $35.2 million to accelerate growth initiatives and technology development, with Israel-based institutional investment and pension funds investing $25.6 million
• Received first silicon demo wafers integrating Weebit’s embedded ReRAM module; a key step in allowing potential customers to test and validate Weebit’s technology
• Expanded strategic partnership with Leti to enhance ReRAM offering and support commercialisation
• Demonstrated Weebit’s first crossbar ReRAM arrays for the discrete memory market
• Filed for six new patents, further protecting intellectual property
• Progressing multiple commercial opportunities with potential partners and customers
• Appointed ReRAM and NVM expert **riel Molas as Chief Scientist