Announcement PDF THORNEY TECHNOLOGIES LTD ABN 66 096 782 188 Level 45, 55 Collins St. Melbourne VIC 3000 Australia ASX TO CROSS RELEASE: SPA 17 November 2025 BY ASX ONLINE - 4 pages Market Announcements Platform ASX Limited Level 10 20 Bond Street SYDNEY NSW 2000 Dear Sir/Madam, Notice of change of interests of substantial holder Spacetalk Ltd [ASX:SPA] Following is a Form 604 Notice of change of interests of substantial holder dated 17 November 2025 in accordance with section 671B of the Corporations Act 2001 (Cth). Yours sincerely, CRAIG SMITH ACIS, CPA Secretary P a g e 2 | 4 Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To: company name/scheme SPACETALK LTD ABN: 93 091 351 530 1. Details of substantial holder Name THORNEY TECHNOLOGIES LTD and each of the associated entities listed in the attached Annexure ‘A’ to this notice. ACN (if applicable) 096 782 188 There was a change in the interests of the substantial holder on 13-Nov-25 The previous notice was given to the company on 14-Apr-25 The previous notice was dated 14-Apr-25 2. Previous and present voting power The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: 3. Changes in relevant interests Particulars of each change in, or change in the nature of, relevant interests of the substantial holder or an associate in voting securities of the company or scheme since the substantial holder was last required to give a substantial holding notice to the company are as follows: Date of Change Person whose relevant interest changed Nature of Change Consideration given in relation to change Number and class of securities affected Person’s votes affected 13-Nov-25 TIGA Trading Pty Ltd and each of the Thorney Investment Group entities listed in Annexure ‘A’ (together ‘Thorney Investment Group’) Convertible note interest issued as shares $Nil 295,481 ordinary shares 295,481 Thorney Technologies Ltd $21,644.00 147,740 ordinary shares 147,740 Class of Securities Previous Notice Present Notice Person’s votes Voting power Person’s votes Voting power Ordinary shares 21,560,471 29.61% 22,003,692 21.16% P a g e 3 | 4 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder Nature of relevant interest Number and class of securities Person’s votes Thorney Technologies Ltd UBS Nominees Pty Ltd Thorney Technologies Ltd Thorney Technologies Ltd has a relevant interest under section 608(1)(b) of the Corporations Act 2001 (Cth) (the Act) as it is the beneficial holder of those shares. 9,853,394 ordinary shares 9,853,394 Thorney Investment Group UBS Nominees Pty Ltd Thorney Technologies Ltd Thorney Investment Group is taken to have a relevant interest as it has the capacity to determine the outcome of decisions about the financial and operating policies of Thorney Technologies Ltd. 9,853,394 ordinary shares 9,853,394 TIGA Trading Pty Ltd Thorney Investment Group is taken under section 608(3)(b) of the Act to have a relevant interest as it holds all the issued capital in Tiga Trading Pty Ltd. 12,150,298 ordinary shares 12,150,298 Mr Alex Waislitz UBS Nominees Pty Ltd Thorney Technologies Ltd Each of the entities listed in the adjacent column (and in Annexure “A”) are ‘associates’ pursuant to section 12(2)(a)(iii) of the Act by virtue of them being commonly controlled by Mr Alex Waislitz who, pursuant to section 50AA of the Act, has the capacity to determine the outcome of decisions about the financial and operating policies of each of those entities. 9,853,394 ordinary shares 9,853,394 TIGA Trading Pty Ltd 12,150,298 ordinary shares 12,150,298 5. Changes in association The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name Nature of association Jamah Investments Pty Ltd, ACN 093 388 928 as trustee for the Jamah Investment Trust Has ceased to be an associate 6. Addresses The addresses of persons named in this form are as follows: Name Address Thorney Technologies Ltd, ACN 096 782 188 Level 45, 55 Collins Street, Melbourne 3000 Tiga Trading Pty Ltd, ACN 118 961 210 Level 45, 55 Collins Street, Melbourne 3000 Thorney Investment Group and each of the entities listed in Annexure ‘A’ to this notice See Annexure ‘A’ to this notice Alex Waislitz Level 45, 55 Collins Street, Melbourne 3000 Signature Print name CRAIG SMITH Capacity SECRETARY Sign here Date 17 November 2025 P a g e 4 | 4 ANNEXURE ‘A’ This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 17 November 2025. ......................................... CRAIG SMITH Secretary SUBSTANTIAL HOLDERS - ENTITY DETAILS Associated Entities Address Thorney Investment Group Jamahjo Pty Ltd, ACN 117 488 696 as trustee for the Halex Family Trust c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 Thistle Custodians Pty Ltd, ACN 078 027 193 Level 45, 55 Collins Street, Melbourne 3000 Thistle Holdings Pty Ltd, ACN 075 051 464 Level 45, 55 Collins Street, Melbourne 3000 Thorney Alpha Pty Ltd, ACN 162 820 537 Level 45, 55 Collins Street, Melbourne 3000 Thorney Beta Pty Ltd, ACN 162 828 677 Level 45, 55 Collins Street, Melbourne 3000 Thorney Holdings Pty Ltd, ACN 006 262 835 Level 45, 55 Collins Street, Melbourne 3000 Thorney International Pty Ltd, ACN 132 886 698 Level 45, 55 Collins Street, Melbourne 3000 Thorney Investment Group Australia Pty Ltd, ACN 117 488 892 Level 45, 55 Collins Street, Melbourne 3000 Thorney Management Services Pty Ltd, ACN 164 880 148 Level 45, 55 Collins Street, Melbourne 3000 Thorney Omega Pty Ltd, ACN 163 964 636 Level 45, 55 Collins Street, Melbourne 3000 Tiga Property Pty Ltd, ACN 117 811 453 Level 45, 55 Collins Street, Melbourne 3000 Tiga (Ballarat) Pty Ltd, ACN 117 812 030 Level 45, 55 Collins Street, Melbourne 3000 Tiga Finance Pty Ltd, ACN 118 521 412 Level 45, 55 Collins Street, Melbourne 3000 Tiga (Hawthorn) Pty Ltd, ACN 126 952 663 Level 45, 55 Collins Street, Melbourne 3000 Tiga Tails Pty Ltd, ACN 080 534 416 Level 45, 55 Collins Street, Melbourne 3000 Tiga Trading Pty Ltd, ACN 118 961 210 Level 45, 55 Collins Street, Melbourne 3000 Other associates Early Force Pty Ltd, ACN 103 134 363 as trustee for the Alex Waislitz Property Investment Trust Level 45, 55 Collins Street, Melbourne 3000 Jasforce Pty Ltd, ACN 017 167 713 as trustee for the Alex Waislitz Retirement Plan c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 Thorney Opportunities Ltd, ACN 080 167 264 Level 45, 55 Collins Street, Melbourne 3000 58 Jarque Pty Ltd, ACN 617 756 377 Level 45, 55 Collins Street, Melbourne 3000 Two Towers Pty Ltd, ACN 134 730 546 c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 Urban Land Nominees Pty Ltd, ACN 004 753 066 c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 Coastal Estates Proprietary Limited, ACN 004 481 154 c/- Wilson Pateras, Ground Floor, 40 River Boulevard, Richmond 3121 Waislitz Charitable Corporation Pty Ltd, ACN 163 623 612 as trustee for the Waislitz Family Foundation Level 45, 55 Collins Street, Melbourne 3000