FBR finalizes share subscription agreement with Olderfleet Capital

FBR Limited, a robotic technology company, has entered into a share subscription agreement with Olderfleet Capital Corp Pty Ltd ("Olderfleet"), effective Thursday, September 4, 2025. This agreement facilitates the implementation of the Share Subscription Facility ("SSF") previously announced on August 6, 2025, which involved Gem Global Yield LLC SCS and Gem Yield Bahamas, and includes a share lending deed for each drawdown process.

Under the terms of the SSF, FBR may issue notices to Olderfleet, requiring it to subscribe for shares in the company. Further details regarding any share issuance under this agreement, including an Appendix 3B, will be disclosed at the time a subscription notice is given. This announcement has been authorized for release to the ASX by FBR's Board of Directors.

FBR designs and develops dynamically stabilized robots, including the Hadrian X® for bricklaying and Mantis™ for high deposition welding in industries such as mining and shipbuilding, utilizing its core Dynamic Stabilisation Technology® (DST).