Reported Earnings • May 31
Third quarter 2026 earnings released: EPS: AU$0.008 (vs AU$0.018 loss in 3Q 2025) Third quarter 2026 results: EPS: AU$0.008 (up from AU$0.018 loss in 3Q 2025). Net income: AU$1.04m (up AU$2.80m from 3Q 2025). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 08
Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 25, 2025 Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 25, 2025. Announcement • Sep 03
Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 6.9 million. Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 6.9 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 7,666,667
Price\Range: CAD 0.9
Discount Per Security: CAD 0.063
Transaction Features: Regulation S; Rule 144A Announcement • Jul 08
Graphene Manufacturing Group Limited Commences Sales of G® Lubricant and Advancing Regulatory Approvals Graphene Manufacturing Group Limited announced that G® Lubricant has commenced both website sales and direct sales to end customers in a number of countries and regions around the world, including Australia, the United Kingdom, Europe, China, Canada and the United States. GMG has received formal requests to distribute G® Lubricant in a number of additional countries and is working through the process to commence these distribution deals, including packaging and labelling updates to address country-specific requirements for sales to commence. GMG is commencing the process to register the G® Lubricant product with the European Chemicals Agency under the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation to ensure large quantities of the product can be sold in Europe. GMG provides the following updates with respect to other actions that the Company is taking to further develop sales of G® Lubricant: GMG is discussing scaling partnership possibilities for G® Lubricant with large oil and gas companies and original equipment manufacturers around the world. G®? Lubricant is being actively used in a number of large truck fleets and GMG is awaiting product performance feedback from these trials, which is anticipated within the next few months. Announcement • May 29
Graphene Manufacturing Group Ltd. Announces Internal G® Lubricant Testing Results Showing 10% Fuel Savings and 33% Reduction in Particulate Emissions Graphene Manufacturing Group Ltd. announced the following internal GMG run engine test results when G® Lubricant was added to a Caterpillar 22 kVA diesel engine run at an 80% Load. Test results show a 10% increase in energy efficiency (kwh/litres), and also a 33% reduction in harmful diesel engine exhaust particulate matter emissions, when three doses of G® Lubricant, with a maximum graphene dosage of 0.03%, was added to the standard diesel engine oil. It is noted that the test engine was not operating optimally before G® Lubricant were added - the engine was overheating at long runs of sustained high loads. As a result, after the initial dose of G® L lubricant was added, an additional two dosages of G® Lubricants were used to hopefully bring the engine into a more stable operating regime, an outcome that was generally achieved. The following describes the equipment used and the process followed by the Company in demonstrating the fuel saving demonstration of the G® Lubricant in the diesel engine generator: The same testing equipment, data systems and processes were used which was verified by the University of Queensland and detailed in GMG's previous press release on the 25th February, transformative-graphene-energy-saving-s solution-for-the- multi-trillion-dollar-global-liquid-fuel-industry. GMG also added the following testing equipment to the testing program: Testo 340 Diesel Kit 2 engine emissions test kit which was newly calibrated by the third-party supplier; PDSA DPM-RT-2 particulate matter test unit which was newly calibrated by the Third-party supplier; A 22kVA Caterpillar diesel engine generator (with 1,959 hours of run time) was setup in the GMG Richlands warehouse. Announcement • Mar 20
Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 5.04 million. Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 5.04 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 6,300,000
Price\Range: CAD 0.8
Discount Per Security: CAD 0.056 Announcement • Oct 18
Graphene Manufacturing Group Ltd Provides Commercialisation Update on Energy Savings Coating Thermal-XR Graphene Manufacturing Group Ltd. provided a business update on the commercialisation progress of THERMAL-XR Powered by GMG Graphene. GMG continues to carry out both Supply and Service Coating for various Air Conditioning Manufacturers, Distributors, Contractors and end equipment owners - including the large HVACR condensing units showing the black coating of THERMAL-XR on the condenser coils. At an event on 4th October 2024 in Brisbane, Australia that included the broad participation of HVAC industry representatives, GMG successfully RE-launched THERMAL-XR® ENHANCE. The focus of the event was on Thermal-XR's unique heat transfer and corrosion protection capabilities. When first developed, the product was named THERMAL-XR® RESTORE because the Company believed its principal benefit was to restore the heat transfer capabilities of existing installed air conditioners. However, GMG has since proved with third party verification that the product can also enhance the heat transfer of new equipment; hence the re-branding to THERMAL-XR ENHANCE. As a result, GMG now believes that THERMAL-XR® ENHANCE has exciting opportunities with HVAC Original Equipment Manufacturers ("OEMs") in addition to its potential in the HVAC aftermarket. Over the past several months, GMG has completed on-site testing of THERMAL-XR with global Air Conditioning Manufacturers in China and the USA for potential introduction into their factories. While further customer testing will be required, GMG believes early results are promising. Apart from applications in the HVAC industry, the unique heat transfer capabilities of THERMAL-XR ENHANCE has also led to potential new applications in a wide range of industries where reducing heat is important. For example, customer managed Third Party Laboratory Testing with THERMAL-XR is now being done with companies that operate LNG facilities; companies that manufacture electronic products; and companies that produce motors for the industrial and automotive markets. Further testing will be required to confirm the benefits of using THERMAL-XR® ENHANCE in such applications. As previously announced, GMG and Nu Calgon have signed an agreement and are working with a consultant to
prepare and submit a Pre-Manufacture Notice ("PMN") in conjunction with its USA Environmental Protection Agency's ("EPA") application to import and sell in the USA. The PMN application is expected to be submitted
before the end of October, and the approval is expected to take less than 12 months. The PMN will be substantially different from the Low Volume Exemption ("LVE") PMN that was previously submitted by GMG.
Unlike the LVE PMN application that was limited to 10 tons per annum and one application technique in the HVAC sector, the PMN EPA approval that GMG is now seeking will not be limited by volume, application and any one
particular sector. Reported Earnings • Oct 01
Full year 2024 earnings released: AU$0.086 loss per share (vs AU$0.12 loss in FY 2023) Full year 2024 results: AU$0.086 loss per share (improved from AU$0.12 loss in FY 2023). Net loss: AU$7.40m (loss narrowed 21% from FY 2023). Revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Sep 11
Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 25, 2024 Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 25, 2024. Announcement • Jun 15
Graphene Manufacturing Group Ltd has filed a Follow-on Equity Offering in the amount of CAD 20 million. Graphene Manufacturing Group Ltd has filed a Follow-on Equity Offering in the amount of CAD 20 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • May 27
Third quarter 2024 earnings released: AU$0.026 loss per share (vs AU$0.032 loss in 3Q 2023) Third quarter 2024 results: AU$0.026 loss per share (improved from AU$0.032 loss in 3Q 2023). Net loss: AU$2.24m (loss narrowed 15% from 3Q 2023). Revenue is forecast to grow 78% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Announcement • May 08
Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 3.024 million. Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 3.024 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 7,200,000
Price\Range: CAD 0.42
Discount Per Security: CAD 0.0294 Reported Earnings • Feb 29
Second quarter 2024 earnings released Second quarter 2024 results: Net loss: AU$2.87m (loss widened 61% from 2Q 2023). Announcement • Feb 02
Graphene Manufacturing Group Ltd. Provides Commercialisation Update on Energy Savings Coating THERMAL-XR Graphene Manufacturing Group Ltd. announced Nu-Calgon has held its official launch of the CoolWorx powered by GMG Graphene in the USA at the AHR Expo, one of the largest expositions for the Heating, Venting, Air-Conditioning and Refrigeration (HVAC-R) industry in North America, with over 1,600 HVAC-R manufacturers exhibiting their products and services to more than 50,000 visitors in Chicago, USA, from the 22nd to 24th January 2024. The product was launched under the new joint brand name "Nu-Calgon CoolWorx powered byGMG Graphene". The joint brand was in line with GMG's PRODUCT COMMERCIALISATION PROCESS, CORPORATE GROWTH & CHANNEL STRATEGY outlined in the Company's announcement on the 6th September 2023. THERMAL-XR Canada Approval: The Department of Environment and Climate Change Canada (ECCC) has noted that THERMAL-XR, powered by GMG Graphen, is approved for import and use within Canada. This paves the way for Canadian businesses, operating in HVAC-R industry, to access this cutting-edge coating solution through North American Distributor Nu-Calgon. THERMAL-X R USA Approval: THERMAL-XR is progressing through the USA Environmental Protection Agency's (EPA) approval process to import and sell in the USA. All the required documentation has been submitted, and the EPA has assigned a case number as part of the thorough evaluation of the product's safety and environmental impact. The Company believes the anticipated approval will be received in first quarter 2024. GMG's 4 critical business objectives are: 1. Produce Graphene and improve/scale cell production processes. 2. Build Revenue from Energy Savings Products. 3. Develop Next-Generation Battery. 4. Develop Supply Chain, Partners & Project Execution Capability. About THERMAL-XR COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction. Recent Insider Transactions • Dec 09
Founder recently sold €168k worth of stock On the 6th of December, Craig Nicol sold around 170k shares on-market at roughly €0.99 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months. New Risk • Nov 28
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$13m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$812k revenue, or US$541k). Minor Risks Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Market cap is less than US$100m (€78.7m market cap, or US$86.6m). Announcement • Oct 25
Graphene Manufacturing Group Ltd Appoints Jack Perkowski to Chair of Board of Directors Graphene Manufacturing Group Ltd. advised that Company Director Mr. Jack Perkowski, based in New Jersey USA, is appointed by the Company's board of directors as Chairman of the Board effective October 24, 2023. Upon graduation from Yale and the Harvard Business School, Mr. Perkowski spent twenty years on Wall Street as Head of investment banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. In 1991, Mr. Perkowski moved to Hong Kong in order to focus on the development of Asia and China, and in 1994 founded Beijing based ASIMCO Technologies. From 1994 to 2008, Mr. Perkowski served as the Chairman of ASIMCO'sBoard of Directors and the company's Chief Executive Officer, building ASIMCO into one of the most important players in China's automotive components industry. Under Mr. Perkowski's leadership, ASIMCO gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to a private equity firm in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Upon leaving ASIMCO, Mr. Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman. Announcement • Oct 17
Graphene Manufacturing Group Ltd Announces Board Resignations Graphene Manufacturing Group Ltd. announced that Emma FitzGerald, Guy Outen and Robert Shewchuk are not standing for re-election to its board. Reported Earnings • Oct 11
Full year 2023 earnings released: AU$0.12 loss per share (vs AU$0.15 loss in FY 2022) Full year 2023 results: AU$0.12 loss per share (improved from AU$0.15 loss in FY 2022). Net loss: AU$9.32m (loss narrowed 21% from FY 2022). Revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany. Announcement • Sep 21
Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 28, 2023 Graphene Manufacturing Group Ltd, Annual General Meeting, Nov 28, 2023. Announcement • Sep 09
Graphene Manufacturing Group Ltd Appoints Jack Perkowski to Its Board of Directors Graphene Manufacturing Group Ltd. advised that Mr. Jack Perkowski, based in New Jersey USA, has joined the Company's board of directors effective 7 September, 2023. Mr. Perkowski founded ASIMCO Technologies in 1994, and from 1994 to 2008, served as the Chairman of ASIMCO's Board of Directors and the company's Chief Executive Officer. Under Mr. Perkowski's leadership, ASIMCO became one of the most important players in China's automotive components industry and gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to Bain Capital in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Prior to moving to China, Mr. Perkowski worked for twenty years on Wall Street where he was the head of Investment Banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. After leaving ASIMCO, Mr. Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman. Announcement • Aug 17
Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 3 million. Graphene Manufacturing Group Ltd has completed a Composite Units Offering in the amount of CAD 3 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 1,764,706
Price\Range: CAD 1.7
Discount Per Security: CAD 0.102 New Risk • Aug 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.6m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (AU$131k revenue, or US$85k). Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (€90.6m market cap, or US$99.2m). Announcement • Jun 28
Graphene Manufacturing Group Ltd Announces Bob Galyen to Its Board of Directors, Effective 1 July, 2023 Graphene Manufacturing Group Ltd. announced that Mr. Bob Galyen, based in Indiana USA, will join the Company's board of directors effective 1 July, 2023. Mr. Galyen has been an advisory member of the Company's Technical Advisory Committee since June 2022. Mr. Galyen has global experience as a leading executive in the battery energy storage industry and science/engineering-based communities. Among his many roles Bob has been the Chief Technology Officer of Contemporary Amperex Technology Company Limited (CATL), which is the lithium ion battery manufacturer in the world, was Chair of the SAE International Battery Standards Steering Committee and is CTO and Chairman Emeritus of NATTBatt International. He serves on a number of Committees and Advisory Boards. New Risk • Jun 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$17m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (AU$250k revenue, or US$169k). Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Reported Earnings • Jun 05
Third quarter 2023 earnings released: AU$0.032 loss per share (vs AU$0.024 profit in 3Q 2022) Third quarter 2023 results: AU$0.032 loss per share (down from AU$0.024 profit in 3Q 2022). Net loss: AU$2.63m (down 240% from profit in 3Q 2022). Revenue is forecast to grow 80% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Announcement • Feb 15
Graphene Manufacturing Group Ltd. Receives Regulatory Approval to Enable Significant Commercial Sales Graphene Manufacturing Group Ltd. announced the full and final approval of all GMG's Graphene products from the Australian Industrial Chemicals Introduction Scheme (AICIS) of the Australian Government Department of Health and Aged Care under Assessment statement CA09624. AICIS approval allows GMG to significantly increase the production and sale of GMG graphene-enhanced products including: Coatings: THERMAL-XR® and other industrial coatings as developed; Automotive Fluids: G® LUBRICANT, G® COOLANT and other automotive liquids as developed; Fuel: G® DIESEL; and Batteries: including for GMG's Graphene Aluminium Ion Battery. This AICIS approval will enable the fulfilment of targeted THERMAL-XR® and G® LUBRICANT sales to industrial customers in Australia and in countries where no further international approvals are needed. Prior to this approval only smaller volumes to a restricted customer list were permitted. The subsequent targeted development of other GMG products, including Graphene Aluminium ion batteries, will similarly be enabled by AICIS with this approval although the battery will likely need further testing and approval to international battery standards and regulations before sale. The following conditions apply to this AICIS approval: 10 tonnes per annum of total graphene powder. Products are to be used in a professional setting except for batteries which can also be sold to end consumers directly. Certain maximum percentages are allowed per product type. Environmental compliance requirements including no discharge to water ways. Announcement • Jan 11
Graphene Manufacturing Group Ltd Announces Executive Changes Graphene Manufacturing Group Ltd. (GMG) announced that Bobby Bran has been promoted to the role of Chief Projects Officer, leading the combined Technology and Projects teams. Bobby has been with GMG for over 4 years most recently as Production Manager and Head of Major Projects. Mr. Bran has over 10 years of experience delivering large-scale multi-million-dollar civil engineering projects on behalf of several major contractors. Bobby has experience in a diverse range of disciplines with expertise in project leadership and management - including safety in construction. Jeffrey Morris former Chief Technology Officer has left GMG to pursue other opportunities and the company, him for his tireless efforts over the last two years to progress the automation and development of the graphene production process. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Chairman Guy Outen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Will Ollerhead was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jan 27
Non-Executive Director recently sold €122k worth of stock On the 20th of January, Robert Shewchuk sold around 41k shares on-market at roughly €3.01 per share. In the last 3 months, there was an even bigger sale from another insider worth €422k. Insiders have been net sellers, collectively disposing of €594k more than they bought in the last 12 months. Recent Insider Transactions • Jan 07
Independent Director recently sold €85k worth of stock On the 5th of January, William Ollerhead sold around 21k shares on-market at roughly €4.03 per share. In the last 3 months, there was an even bigger sale from another insider worth €422k. Insiders have been net sellers, collectively disposing of €473k more than they bought in the last 12 months. Recent Insider Transactions • Dec 25
CFO & Executive Director recently sold €422k worth of stock On the 22nd of December, Christopher Ohlrich sold around 110k shares on-market at roughly €3.84 per share. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. 
