Earnings release
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Green360 Technologies Ltd. ABN 97 140 316 463 Head Office: Level 11, 40 The Esplanade, Perth, Western Australia 6000 Operations: 3610 Glenelg Highway, Pittong, Victoria 3360 ASX ANNOUNCEMENT 3 0 January 202 6 QUARTERLY ACTIVITIES REPORT For the quarter ended 31 December 2025 HIGHLIGHTS • Large Scale Bulk Trials: Successfully produced, loaded, transported and delivered Eco-Clay to two commercial batching plants in Melbourne to a National concrete supplier. The delivery confirmed the compatibility of Eco- Clay with existing handling systems and demonstrates the ability for the Company to support a robust, scalable supply chain to the concrete industry.1 • Independently Verified: University of Melbourne independently verified that Eco-Clay meets AS 3582.4:2022 (Supplementary Cementitous Materials – Pozzolans) • Solid cash position: approximately $3.0 million in available cash as at 31 December 2025, consisting of $2.6 million of cash on hand and an additional $0.4m received subsequent to the quarter end related, to the FY25 R&D tax incentive2 • Board and management additions: Appointments of Mr. Nicholas Anderson as Non-Executive Director and Mr. Andrew Taylor as Chief Financial Officer to expand the capabilities of the Company as it progresses Eco-Clay towards commercialization in 2026. Green360 Technologies Limited (ASX:GT3) (“GT3” “Green360” or “the Company”) is pleased to report on its activities for the quarter ending 31 December 2025. LOW CARBON CEMENT DEVELOPMENT (Eco-Clay) During the quarter, the Company achieved several significant milestones in the development of its proprietary low-carbon cement technology as it progresses towards the commercialisation of Eco-Clay in 2026. Eco-Clay is a low carbon supplementary cementitious material that can replace up to 40% of Portland cement in concrete, significantly reducing carbon emissions while maintaining high performance. For personal use only
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The Company continued its progress towards commercialisation of Eco-Clay during the quarter and has now demonstrated the following to date: • Independent verification from the University of Melbourne confirming Eco-Clay meets the requirements for a Grade 1 pozzolan under AS3582.4:20223; • Ability to manufacture commercial quantities (~500T) of Eco-Clay4; • Successful integration with existing industry supply chain to deliver commercial quantities of Eco-Clay to a National concrete supplier for trials5; and Following the production of over 500 tonnes of metakaolin6 in the September quarter, Green360 successfully delivered approximately 60 tonnes of Eco-Clay to a national concrete supplier at two concrete batching plants in Melbourne. The material was transported using industry-standard pneumatic tankers and demonstrated the Company’s ability to supply commercial quantities of Eco-Clay into existing supply chains. The successful delivery provides a high level of confidence that Eco-Clay can support a robust, industry ready supply chain, meeting a key barrier to widespread industry adoption. Progress also continued on supply-chain build-out, with the Company progressing negotiations to calcine commercial quantities of Eco-Clay at a third-party Victorian facility. The Company expects to formalise an agreement in Q1 2026. This agreement, if formalised and executed, will enable near-term supply of Eco-Clay to the market with minimal capital outlay (estimated at less than $0.5 million) and avoid the lead time associated with constructing new calcining infrastructure. Market interest in Eco-Clay continued to grow, with ongoing enquiries from concrete producers, construction firms and engineering companies regarding Eco-Clay’s availability for major infrastructure projects. Trial quantities continue to be supplied to industry participants for performance testing. In addition to the advancement of Eco-Clay during the period, the Company continued to progress the validation and certification of low-carbon cement blends with JV partner PERMAcast incorporating red mud and other industrial waste products to develop low-carbon precast concrete products. Results to date have demonstrated suitability for commercial-scale applications as a 35% replacement of Portland cement7. During the quarter several discussions were held with large construction groups and government departments to progress the commercialisation of noise panel walls in infrastructure projects. For personal use only
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Noise panels manufactured using the JV’s proprietary low carbon cement formulation which replaced 35% of traditional Portland cement with an Industrial byproduct CORPORATE During the quarter, following shareholder approval, the Company received the residual $0.8 million of funds (before costs) from the $4.0 million placement conducted in the September quarter. As at 31 December 2025, Green360 had available cash of approximately $3.0 million consisting of cash on hand of $2.6 million and the receipt post-quarter end of $0.4 million related to the FY25 R&D tax refund. The Company is in a strong financial position to advance the commercialisation of its low-carbon concrete this year. Cashflow for the quarter included receipts from customers of $3.0 million, generated from kaolin sales to both domestic and international markets. Payments for production costs for the same period totaled $2.5 million. The Company invested in additional sales capabilities during the quarter to service domestic and international customers of kaolin products. Management of the Company was further strengthened with the appointment of Mr Nicholas Anderson as Non-Executive Director and Mr Andrew Taylor as Chief Financial Officer and Joint Company Secretary. Mr Anderson is a chemical engineer and accomplished executive leader with a track record of building and scaling businesses. He brings extensive experience in capital markets and mergers and acquisitions. Mr Anderson is a graduate of the Australian Institute of Company Directors and is currently Managing Director and CEO of Golden Horse Minerals Ltd (ASX: GHM) Mr Taylor has over 15 years’ experience in listed organisations most recently with PYC Therapeutics Ltd (ASX: PYC) as Chief Financial Officer and Joint Company Secretary. For personal use only
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Mr Taylor is a Chartered Accountant (CAANZ) and a graduate of the Australian Institute of Company Directors. ABOUT ECO-CLAY Eco-Clay is a high-reactivity calcined kaolinite (metakaolin) material that can replace up to 40% of Portland cement in concrete, significantly reducing carbon emissions while maintaining high performance. Eco-Clay is produced from Green360’s own kaolin by -products – specifically tailings and settlement pond residues generated during the refining of high -purity kaolin. It is then calcined to a temperature of around 750 degrees Celsius where it transforms into metakaolin. The significantly lower energy intensity compared to traditional Portland cement manufacture, which requires heating of up to 1,450 degrees Celsius, enables Eco-Clay to provide a lower carbon solution to concrete manufacturing. This circular economy model transforms what was once an industrial by-product into a valuable low- carbon construction material. DISCLOSURE REQUIREMENTS (Guidance Note 23 Disclosures) Details of mining exploration activities: There were no exploration activities undertaken during the quarter ended 31 December 2025. Details of mining production and development activities: The Company spent A$2.5 million on hydrous kaolin mining and processing costs and A$0.1 million on development activities (excludes exploration & evaluation) during the quarter ended 31 December 2025. Details of tenement activities: The Company holds the following tenements at the end of the quarter: TENEMENT PROJECT OWNERSHIP CHANGE E70/5039 Gabbin Kaolin 100% Nil M5408 Pittong Kaolin 100% Nil M5409 Trawalla Kaolin 100% Nil M5365 Lal Lal Kaolin 100% Nil E = Exploration License (granted) M = Mining Lease (granted) For personal use only
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Details of related party payments: During the quarter the Company paid A$86k to Directors for Salaries and Wages. Approved for release by the Board -ENDS- For further information, please contact Aaron Banks Executive Chairman E: aaron.banks@g360tech.au P: +61 8 9389 4495 Join Green360 Technologies’ Interactive Investor Hub Visit https://investorhub.g360tech.au/auth/signup to sign up and receive updates. APPENDIX - RESOURCE STATEMENT As at 30 June 2025 Information on the Mineral Resources presented is contained in the ASX announcement dated 25 September 2025. Green360 confirms that it is not aware of any information or data that materially affects the information included in this announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. Category White Kaolinised Granite (Mt) ISO Brightness % (457nm) Yield <45um % Kaolin (Mt) Gabbin Project (White Cloud Kaolin Project) Indicated 26.9 80.4 41.3 11.1 Inferred 45.6 80.6 41.1 18.8 Total 72.5 80.5 41.2 29.9 Trawalla Resource Indicated 9.9 81.0 27.7 2.8 Inferred 2.8 79.8 28.3 0.8 Total 12.7 80.8 27.8 3.6 Pittong Resource Indicated 3.5 81.2 35.4 1.2 Inferred 1.9 79.1 33.0 0.7 Total 5.4 80.5 34.6 1.9 For personal use only
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About Green360 Technologies Limited Green360 Technologies (ASX:GT3) is an Australian-based building materials company leading the development of low- cost, low-carbon cement to address an immediate demand in the market. Traditional cement production is a major industrial polluter; Green360 Technologies is using innovative methods to produce an alternative, delivering improved performance and a reduced emissions profile. Green360 Technologies is executing a commercialisation plan alongside a reputable market leader, focused on near - term and widespread industry adoption of the Company's low-carbon cement. FORWARD-LOOKING STATEMENTS This release may contain certain forward -looking statements with respect to matters including but not limited to the financial condition, results of operations and business of GT3 and certain of the plans and objectives of GT3 with respect to these items. These forward-looking statements are not historical facts but rather are based on GT3’s current expectations, estimates and projections about the industry in which GT3 operates and its beliefs and assumptions. Words such as "anticipates," “considers,” "expects," "intends," "plans," "believes," "seeks," "estimates", "guidance" and similar expressions are intended to identify forward looking statements and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, particularly those risks or uncertainties inherent in the industry in which GT3 operates. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the control of GT3, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward -looking statements. Such risks include, but are not limited to resource risk, product price volatility, currency fluctuations, increased production costs and variances in product grade or recovery rates f rom those assumed in mining plans, as well as political and operational risks in the countries and states in which we sell our product to, and government regulation and judicial outcomes. For more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. GT3 cautions shareholders and prospective shareholders not to place undue reliance on these forward -looking statements, which reflect the view of GT3 only as of the date of this release. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. GT3 will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority. 1 Refer GT3 ASX announcement 25 November 2025 2 Refer GT3 ASX announcement 20 January 2026 3 Refer GT3 ASX announcement 31 October 2025 4 Refer GT3 ASX announcement 10 July 2025 5 Refer GT3 ASX announcement 25 November 2025 6 Refer GT3 ASX announcement 10 July 2025 7 Refer GT3 ASX announcement 9 September 2025 For personal use only
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Rule 5.5 ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Green360 Technologies Limited ABN Quarter ended (“current quarter”) 97 140 316 463 31 December 2025 Consolidated statement of cash flows Current quarter $A’000 Year to date (6 months) $A’000 1. Cash flows from operating activities 2,966 6,828 1.1 Receipts from customers 1.2 Payments for - - (a) exploration & evaluation (b) development - - (c) production (2,482) (6,679) (d) staff costs (409) (859) (e) administration and corporate costs (617) (1,194) 1.3 Dividends received (see note 3) - - 1.4 Interest received 8 19 1.5 Interest and other costs of finance paid (44) (64) 1.6 Income taxes paid - - 1.7 Government grants and tax incentives - 30 1.8 Other (income tax refunds) - - 1.9 Net cash from / (used in) operating activities (578) (1,919) 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a) entities (b) tenements - - (c) property, plant and equipment (261) (525) (d) exploration & evaluation (64) (65) (e) investments - - (f) other non-current assets - - For personal use only
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 2 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (6 months) $A’000 2.2 Proceeds from the disposal of: - - (a) entities (b) tenements - - (c) property, plant and equipment - - (d) investments - - (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other - - 2.6 Net cash from / (used in) investing activities (325) (590) 3. Cash flows from financing activities 768 4,000 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities (46) (238) 3.5 Proceeds from borrowings - - 3.6 Repayment of borrowings (147) (316) 3.7 Transaction costs related to loans and borrowings - - 3.8 Dividends paid - - 3.9 Other (repayment of lease liabilities) (56) (109) 3.10 Net cash from / (used in) financing activities 519 3,337 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 3,033 1,821 4.2 Net cash from / (used in) operating activities (item 1.9 above) (578) (1,919) 4.3 Net cash from / (used in) investing activities (item 2.6 above) (325) (590) 4.4 Net cash from / (used in) financing activities (item 3.10 above) 519 3,337 For personal use only
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 3 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (6 months) $A’000 4.5 Effect of movement in exchange rates on cash held - - 4.6 Cash and cash equivalents at end of period 2,649 2,649 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 Previous quarter $A’000 5.1 Bank balances 2,649 3,033 5.2 Call deposits - - 5.3 Bank overdrafts - - 5.4 Other (cash held in term deposit) - - 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 2,649 3,033 6. Payments to related parties of the entity and their associates Current quarter $A'000 6.1 Aggregate amount of payments to related parties and their associates included in item 1 86 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. For personal use only
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 4 + See chapter 19 of the ASX Listing Rules for defined terms. 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities - - 7.2 Credit standby arrangements - - 7.3 Other (equipment finance facility) 1,000 421 7.4 Total financing facilities 1,000 421 - 7.5 Unused financing facilities available at quarter end 579 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. The facility is an equipment finance facility provided by National Australia Bank. The rates on the existing equipment loans drawn range from 7.15% to 7.56%. The rates are specific to the prevailing rate of the day, loan amount, equipment being financed and term of the loan. The loans vary from 3-5 years. The facility is secured. 8. Estimated cash available for future operating activities $A’000 8.1 Net cash from / (used in) operating activities (item 1.9) (578) 8.2 (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) (64) 8.3 Total relevant outgoings (item 8.1 + item 8.2) (642) 8.4 Cash and cash equivalents at quarter end (item 4.6) 2,649 8.5 Unused finance facilities available at quarter end (item 7.5) 579 8.6 Total available funding (item 8.4 + item 8.5) 3,228 8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 5.03 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. 8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? Answer: N/A 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: N/A For personal use only
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 5 + See chapter 19 of the ASX Listing Rules for defined terms. 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Answer: N/A Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: 30 January 2026 Authorised by: The Board of Directors (Name of body or officer authorising release – see note 4) Notes 1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter , how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so. 2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, t he definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report. 3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity. 4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”. 5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively. For personal use only