Successful Placement of $15.0 million for AssetOn Group

• Successful completion of an institutional placement (“Placement”) to raise $15.0 million • Placement was priced at $0.765 per share (“Offer Price”) and strongly supported by new and existing institutional and sophisticated investors, and Directors of the Company • Proceeds of the Placement will be applied to part fund the acquisition of AssetOn Group Brisbane, 4 August 2023 – COSOL Limited (COSO