Titomic (TTT) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually with a quorum present, introductions of board members and auditor representative, and formal presentations from the Chairman and CEO.

• AGM held on 25 November 2025, with apologies noted for absent board members due to time zone constraints.

• Housekeeping covered virtual participation, voting, and Q&A procedures for 12 business items, including 11 resolutions.

Strategic initiatives and plans

• Pivoted business model from machine sales to manufacturing and services in October 2024, targeting higher returns.

• Opened new manufacturing facilities in Huntsville, Alabama, and Heerenveen, Netherlands in 2025.

• Appointed new CEO and relocated headquarters to Huntsville, USA, with strengthened leadership in Europe and Asia-Pacific.

• Established a U.S. Strategic Advisory Group and raised AUD 80 million for expansion.

• Focused on Tier 1 aerospace and defense primes, and targeted coating and repair solutions for oil & gas, maritime, and aviation sectors.

Financial performance review

• Annual Financial Report for the year ended 30 June 2025 was received and considered, including the Remuneration Report and Auditor's report.

• Strong balance sheet reported following a successful AUD 50 million capital raise in July 2025.

• Infrastructure now includes production and R&D in the USA, Netherlands, and Australia, supporting global expansion.

• Secured contracts and service agreements in aerospace, defense, oil and gas, and maritime sectors.

• Achieved rapid delivery and successful testing of thrust chambers for a U.S. prime contractor, leading to follow-on activities.