Ann: US Patent Status Clarification, page-2

US Patent Status Clarification
Nanoveu Limited ("Nanoveu" or the "Company") (ASX: NVU), announced on 12 December 2024 that EMASS had
the exclusive rights to granted US patent (US 2024/0296670 A1) which consists of a hardware block which
effectively enables the identification of only the most relevant objects while filtering out duplicates or overlaps.
Nanoveu wishes to make a correction to a statement in this announcement – namely that the patent had been
granted, when in fact the patent had been published, which serves as an enforcement date for the patent if and
when it is granted. The patent remains in application stage and EMASS is unaware of any reason why the patent
will not ultimately be granted.
For clarity; the application for publication of the patent was lodged on 1 March 2024 by the patent applicant;
publication of the patent occurred on 5 September 2024 and the current status of the patent is “Pending” and the
patent has not been granted.
After becoming aware of this matter, the Company immediately sought clarification from Dr. Mohamed M. Aly, a
tenured professor at NTU and one of the patent inventors. Dr. Aly then confirmed that the patent had been
published, not granted. Previously, in December 2024, Dr. Aly mistakenly advised the Company that the patent
had been granted, based on notification he received from the patent applicant regarding the patents’ publication.
Dr. Aly reaffirmed this advice when clarification was sought by the Company, and subsequently contributed to
the 12 December ASX release.
Nanoveu remains confident in the strategic value of the broader intellectual property portfolio under development
and-or exclusively licenced by EMASS. The Company will continue to update the market on relevant milestones
and developments.
This announcement has been authorised for release by the Board of Directors