Funding update

SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, announces the following update in respect of the US$5,150,000 on-demand convertible funding facility signed on 18 March 2025, and amended on 10 June 2025 and 29 August 2025, with Nuburu Inc., a NYSE listed (NYSE American: BURU) high-tech company of which Alessandro Zamboni, a director of the Company, is Executive Chairman ("BURU") (the "Amended On-Demand Facility").

As set out in the announcement dated 1 September 2025, SYME was due to receive the following tranches under the Amended On-Demand Facility:

US$2,000,000 on or before 12 September 2025; and

US$2,198,000 on or before 31 October 2025.

As at the date of this announcement, the US$2,000,000 due on or before 12 September 2025 remains outstanding. The amounts received by the Company from BURU under the Amended On-Demand Facility as at the date of this announcement total US$952,000.

The Company notes the announcement made by BURU dated 15 September 2025 regarding the new public offering, following the filing of the new S-1 registration statement with the US Securities and Exchange Commission on 10 September 2025. As such, based on communications from the BURU board of directors, SYME expects that the US$2,000,000 will be provided to the Company as soon as BURU finalises the completion and receives the proceeds from this new public offering. The Company will issue a further update once this has been received, or as otherwise required.

Notes