Dear Valued Shareholder,I trust this message finds you well. I...

Dear Valued Shareholder,

I trust this message finds you well. I am excited to share the latest updates and developments at Sprintex (ASX:SIX), continuing our commitment to transparent and regular communication with our shareholders.



Arjan Mensink (Mest Water) & Dutch Minister Christianne van der Wal-Zeggelink

Sprintex has signed a significant initial evaluation agreement with MW Techniek BV (Mest Water) to develop custom compressors for their ammonia-reducing technology. This initial agreement for 20 units worth A$1 million, is for one of three models we will develop to help address strict European emissions regulations. The collaboration is expected to generate record revenues and marks a pivotal step towards expanding our reach within the European agricultural market.

Additional Insights: The development of custom compressors is progressing well, with the first prototypes scheduled for delivery within 8 weeks. Our two most senior engineers, Jay Upton (CEO) and Li Chen (Director), plan to visit the Netherlands to commission the first compressors with Mest Water. This collaboration not only addresses regulatory requirements but also positions Sprintex as a key player in sustainable agricultural solutions across Europe.

Market Size: The sheer size of this market just in Europe is really quite amazing, with over 700,000 cattle and pig farms that must address ammonia emissions in the coming years. Many farms are small in densely populated countries such as Netherlands, but most would need more than one machine to reduce their emissions to acceptable levels. All 20 prototypes will be installed at the same customer's veal farms, this customer requires 400 machines. As mentioned in our ASX announcement, both parties are targeting a unit price per of A$30,000 per compressor.

We are pleased to announce that Sprintex has signed an evaluation agreement with AirTech, a leading global designer and manufacturer of vacuum pumps and blowers headquartered in the United States. This agreement involves the supply of our G15 blowers for intensive testing in Germany. The collaboration opens new markets and significantly enhances Sprintex's revenue. After successful evaluation we will discuss private label terms and anticipate large minimum order quantities, reflecting the strong interest in our innovative solutions.

Additional Insights: Two evaluation units (3.5kW and 4kW) were shipped last week and will undergo extensive testing. Additionally, we will be sending a vacuum version of our G15 and a 7.5kW standard unit shortly. AirTech was purchased by IDEX Corporation in 2021 for US$470 million. They have offices in the US, Germany and Spain, with significant annual revenues in excess of US$100M. For more information about AirTech, visit AirTech.

Sprintex has entered into an exclusive distributor agreement with Net 0 Enerji Danışmanlık Mühendislik Sanayi Ve Ticaret Limited (Net 0 Enerji) for the distribution of our G Series Blowers in Türkiye. The agreement, valued at A$5.8 million over three years, aligns with Net 0 Enerji's advanced energy monitoring and management solutions. This partnership highlights the market's strong demand for our energy-efficient solutions.

Additional Insights: Net 0 Enerji has already started marketing our G Series Blowers to their existing client base, and the first order will ship next week. They plan to attend several expos this calendar year and will be involved in evaluation testing (energy consumption data tracking) with MAT Global. MAT Global integrates blowers into their manufactured systems for wastewater treatment, aquaculture, and aquariums. MAT Global, based in Izmir, Türkiye, will pick up two evaluation units from Sprintex this week. All three parties have agreed to collaborate on the evaluation project which we view as significant.

We have appointed an internal media team to provide regular updates on Sprintex activities. Please follow us on LinkedIn and X (formerly Twitter) for the latest news. Note: X account is new, please ensure you are following the correct one!

Jay Upton

CEO