Change in substantial holding - APPWAM Pty Ltd

Dear Investors, Spectur Ltd has released its latest announcement, highlighting the significant progress and achievements made by the company. The document outlines the successful implementation of our solar-powered security and surveillance solutions, powered by cutting-edge IoT and cloud-based technology. One key point of focus in the announcement is the impressive 26% increase in revenues for the fiscal year ended June 30, 2023, reaching A$7.4 million. Although there was a net loss increase of 53% to A$2.9 million, this was primarily due to certain expenses such as the impairment of intangible assets and share-based payment expenses. The company continues to experience growing demand for its products and services, driven by favorable market conditions and the increasing need for advanced security solutions across various industries. Spectur remains committed to delivering innovative and reliable security systems that cater to the evolving needs of our customers. As we move forward, we invite our investors to ask any questions they may have regarding the announcement or our future plans. We value transparency and open communication with our stakeholders, and we look forward to continuing on this journey of growth and success together. Sincerely, Management at Spectur Ltd