WEBSITE MAINTENANCE AND CORPORATE RESTRUCTURING

INFINITE WATER HOLDINGS LTD(ABN 85618348995) (Subject to Deed of Company Arrangement) (“INFINITE WATER HOLDINGS”) has undertaken a restructure of its business through a voluntary administration process. The original Chief Scientist with the support of the core investors ("Deed Proponents") proposed a deed of company arrangement ("DOCA") in the administration to restructure the company, which received majority support from employees and creditors and was ultimately approved. The restructure under the DOCA, which involved changes to management and ownership of the company, was subsequently endorsed by the NSW Supreme Court. The Deed Proponents now control the company with the deed administrator expected to finalise the DOCA shortly. The Deed Proponents are actively working to promote a sustainable and successful future for the company and its stakeholders.

INFINITE WATER HOLDINGS LTDnotes that it is not related to Infinite Water International LLC (company number 7178358), a US entity which was established by Mr. Matthew Chik-Hui Ng (a former director and CEO of the company) in November 2023. Further, Mr Ng has no ongoing management or ownership involvement with INFINITE WATER HOLDINGS LTD whatsoever and is not entitled or authorised to act or make any representations on behalf of INFINITE WATER HOLDINGS LTD.

Contact Information:

Company Name: INFINITE WATER HOLDINGS LTD

Contact Email: [email protected]