Ann: Titomic signs Material Science Agreement with Fincantieri, page-5

Titomic signs Material Science Testing Agreement
with Fincantieri Australia
 Material Science Testing agreement will comprehensively test specified material to ASTM
International standards for mechanical and chemical properties.

 Fincantieri S.p.A is the largest shipbuilder in Europe and fourth largest in the world and
builds both commercial and naval vessels

Melbourne, Australia, 26th June, 2018: Australian metal additive manufacturing company, Titomic
Limited (ASX: TTT) (“Titomic” or “the Company”) today announces it has signed its first Material
Science Testing (“MST”) agreement with Fincantieri Australia Pty Ltd (“Fincantieri”), the Australian division of Fincantieri S.p.A. (BIT: FCT) – one of the world's largest shipbuilding groups.

This agreement follows the ASX announcement on 14 May of Titomic’s Memorandum of
Understanding with Fincantieri as the first step in the defined roadmap to evaluate the potential forthe Company’s additive manufacturing process, Titomic Kinetic Fusion, to be used in Fincantieri’smanufacturing activities.

The MST agreement will see Titomic perform a series of tests on a Fincantieri specified alloy, in
accordance with ASTM International standards to achieve desired mechanical and chemical
properties. The testing capabilities will include hardness, strength, porosity and chemistry analysis.

The outcome of the tests will provide Fincantieri with valuable technical information on material
properties, performance, strength, durability and cost efficiencies of Titomic’s additive manufacturing process, Titomic Kinetic Fusion. This analysis takes into account Australian capabilities for manufacturing processes as well as component redesign to enhance material characteristics with the new process.

Jeff Lang, CTO of Titomic commented:
“We are pleased to kick off this first project with Fincantieri as part of our MoU. We will be
producing test samples at our new state of the art facility in Melbourne in order to conduct the
stringent tests required. This is the first step towards manufacturing large marine parts on our metal 3D printers of limitless scale.”

As part of the MOU, members of Titomic’s technology and operational team have also recently
completed a visit to Riva Trigoso Shipyard in Italy, to have an in-depth understanding of Fincantieri
mechanical components which are designed, developed and manufactured on-site as the first phase of marine technology transfer to Australia.

Dario Deste, Chairman of Fincantieri Australia said:
“The next activities between Fincantieri and Titomic evaluate the benefits of applying the
proprietary Titomic Kinetic Fusion technology to manufacture mechanical components for
Naval and Merchant Ships. With over 100 ships on order around the world, Fincantieri has the size and strength to bring new technology to market.”
With 20 shipyards across four continents, Fincantieri S.p.A is one of the world's largest shipbuilding
groups and number one by diversification and innovation. It is the leader in cruise ship design and
construction, and a reference player in all high-tech shipbuilding industry sectors – from naval to
offshore vessels, from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and equipment production, and after-sales services. Fincantieri also carries out maintenance and refurbishment of cruise ships – a major and growing international industry.

Fincantieri is one of the shortlisted bidders for The Future Frigates SEA 5000 program.

Collaboration gaining traction, bodes well for the next leg upwards!