Vmoto's 1Q25 Market Update

• 2,943 units in total sold in 1Q25, down 16% on 1Q24. • International unit sales of 2,795 units for 1Q25, down 2% on 1Q24. • Negative operational cash flows for 1Q25 of A$1.6 million, primarily due to prepayments to parts suppliers maintaing a lower level of accounts payable with the parts suppliers and initial operational costs to set up Vmoto's assemby facilities in Thailand. • Cash position of