For immediate release

Firmus Technologies to List on NASDAQ in Strategic Shift to Global Markets

SYDNEY & NEW YORK — Friday, October 9, 2026 — Firmus Technologies ("Firmus" or the "Company"), a global leader in sustainable AI infrastructure, today announced its intention to list its ordinary shares on the NASDAQ Global Select Market. This decision represents a significant strategic milestone for the Company, as it pivots its public market presence to the world's premier technology exchange.

A Defining Moment for Firmus

After careful consideration and strategic review, Firmus has elected to pursue a listing on NASDAQ rather than the Australian Securities Exchange (ASX). The Company has indicated a possible listing in mid-December 2026, subject to customary regulatory approvals and market conditions. While the Company remains proud of its Australian origins and the strong support it has received locally, its ambitions have always been global. Firmus is not simply an Australian success story — it is a global technology company solving global problems.

Under the transition, shareholders’ existing shares will be swapped for corresponding shares in the NASDAQ-listed entity. Holders will not need to take any action; each current share will be exchanged for an equivalent share that trades on NASDAQ, preserving ownership proportion and value across the move to the U.S. market.

Why NASDAQ

NASDAQ is the natural home for a company like Firmus. It is the exchange of choice for the world's most innovative and disruptive technology leaders. A NASDAQ listing will provide the Company with:

• Access to Deep Capital: The U.S. market offers a significantly larger pool of institutional investors who understand and value high-growth technology companies.
• Peer Valuation: Firmus will trade alongside its true global peers, ensuring its valuation reflects international potential rather than regional limitations.
• Enhanced Profile: A U.S. listing elevates the Company's brand with global enterprise customers and partners, particularly across the North American market.
• Growth Capital: The listing will fuel the next phase of growth, enabling accelerated investment in R&D and faster scaling of operations.

What This Means

This is a win for everyone involved with Firmus. It provides the Company with the resources to execute its vision on a much grander scale. For employees, it means greater opportunities for career growth. For investors, it represents a commitment to maximizing long-term value on a stage that rewards innovation.

Firmus is not leaving its roots behind — it is using them as a launchpad. The Company is taking the best of Australian ingenuity and introducing it to the world's biggest stage.

Today marks the beginning of the next chapter for Firmus. The Company is ready to compete with the best in the world and looks forward to welcoming a new generation of investors to its journey.