XTEK Receives $9.5m Order for HighCom Body Armour & Ballistic Helmets

Key highlights:

• Purchase Order for supply of body armour and ballistic helmets worth $9.5m
• Shipment to be delivered to undisclosed customer over coming weeks
• Ballistic armour orders since 1 March 22 now total $17.6m
• Total Group new orders since 1 March 22 equal $22.7m
• Group continues to pursue multiple large local and international supply opportunities

Thursday 26 May 2022: XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that the
Group’s Ballistics Division, has received a Purchase Order for the rapid supply of HighCom body armour
products from an undisclosed customer to the value of $9.5m.

Scott Basham, XTEK Group CEO, said,

“’HighCom’ is XTEK Group’s global armour business, and it is the foundation of our Ballistics Division. Through
our advanced manufacturing capabilities in Columbus, Ohio, and with our patented XTclave capability located
in Adelaide, South Australia, we manufacture world-leading, ultra-lightweight and high-performance body
armour plates and ballistic helmets. We supply these world-class, advanced personal protection ballistic
products and solutions to militaries, law enforcement agencies, and first responder customers all around the
world.

This new $9.5m order to quickly supply a regional customer with our high performance body armour products,
is a further illustration of the Group’s ability to support our customers’ priority operational demands with little to
no notice. XTEK’s HighCom production teams have been working around the clock now for months to
manufacture our highly sought after specialist ballistic products, and we continue to be very deeply engaged
with many international customers to help them solve their urgent ballistic armour supply requirements”.