DTI : Revised Quarterly Activities Report / Appendix 4C

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ASX announcement

10 February 2022

REVISED QUARTERLY ACTIVITIES REPORT / APPENDIX 4C

DTI Group Ltd (ASX: DTI) (DTI) re-lodges the December 2021 Quarterly Activities Report / Appendix 4C to correct a missing page in the original Appendix 4c and typographical reference to the 4C in the Activities Report.

For further information please contact the Company Secretary: [e-mail]

This ASX announcement has been approved for release by Greg Purdy - Chairman.

About DTI Group

DTI develops and provides world-leading surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry worldwide.

DTI's clients include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies which utilise our range of professional products and services that encompass on-board recording equipment, passenger information equipment, fleet management systems, back-end mass storage and retrieval facilities and end-to-end managed services.

DTI is a recognized supplier to the mass transit surveillance market. Core technology development and system design activities are undertaken from the Company's headquarters in Perth, Australia.

DTI Group | ABN 15 069 791 091 31 Affleck Rd | Perth Airport WA 6105 T [phone] | F [phone] www.dti.com.au

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31st January 2022

DTI GROUP LTD (ASX:DTI) QUARTERLY BUSINESS ACTIVITY REPORT & APPENDIX 4C

Australian technology provider DTI Group Ltd ("DTI") (ASX: DTI), releases its Quarterly Business Activity Report and Appendix 4C Cash Flow Report for the quarter ending 31 December 2021.

Net operating cash outflow was $0.09M for the quarter and half-year-to-date and a cash equivalent balance of $2.18M is reported as at 31st December 2021.

Additional financial performance information will be released during February 2022 upon completion of the half-year external audit.

Business Activity

As per the ASX release dated 3 September 2021, DTI announced a capital raising by way of a 1 for 3 non-renounceable entitlement offer. This was completed during quarter 2 on the 5th of October 2021 and raised approximately $2 million via the issue of approximately 111.7 million shares.

DTI is focused on the delivery of the products and services to customers which include:

• Alstom Transport India Ltd
• Metro Train Melbourne
• Brisbane City Council
• Siemens Mobility, Inc

Orders have been received for the new digital recorder systems targeting the bus segment.

The global shortage of semi-conductors and electronic components continues to impact the delivery times for some hardware products.

Forward Outlook

DTI is focused on successfully delivering the pipeline of contracted opportunities, improving the engagement with existing customers and potential customers, and continuing the development of products which are attractive to target market segments.

Appendix 4C:

The quarterly cashflow report (4C) for the quarter details expenditure on the abovementioned operations. During the quarter, $3.4M was expended on product manufacturing and operations, $1.5M on staff expenditure and $0.56 on administration.

A cash equivalent balance of $2.18M is reported as of 31st December 2021. Net operating cash outflow was $0.09M for the quarter and half-year-to-date.

In accordance with Listing Rule 4.7C, payments made to related parties and their associates are included in Appendix 4C section 6.1 and these payments are entirely for Directors' fees.

This ASX communication has been approved for release by Mr. Greg Purdy, Chairman.

About DTI Limited

DTI develops and provides world-leading surveillance, video analytics, and passenger information systems technology and services to the worldwide mobile transit industry. Our customers include transit agencies, vehicle operators, vehicle manufacturers, and law

D T I G R O U P L T D

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enforcement agencies. Products and services include on-board recording equipment, passenger information equipment, fleet management systems, back-end mass storage and retrieval facilities, and end-to-end managed services.

Core technology development and systems design activities are undertaken from the company's headquarters in Perth, Australia.

For further information, please contact:

Mr. Matt Strack

Chief Executive Officer [phone]

Mr. Ian Hobson Company Secretary [phone]

D T I G R O U P L T D	Page | 2

Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

Name of entity

DTI Group Limited

only	ABN			Quarter ended ("current quarter")
15 069 791 091		31/12/2021
Consolidated statement of cash flows	Current quarter	Year to date
$A'000	(6 months) $A'000
use
1.0	Cash flows from operating activities
1.1	Receipts from customers	5,496	10,497
	Receipt of Government Grant revenue*
1.2	Payments for
	(a) research and development	-75	-243
personalFor
	(b) product manufacturing and operating costs	-3,406	-5,381
	(c) advertising and marketing	-5	-6
		(d) leased assets	-1	-64
		(e) staff costs	-1,497	-2,891
		(f) administration and corporate costs	-561	-1,908
	1.3	Dividends received (see note 3)
	1.4	Interest received	0	0
	1.5	Interest and other costs of finance paid	-22	-23
	1.6	Income taxes paid	0	0
	1.7	Government grants and tax incentives	0	0
	1.8	Other (GST)	-23	-68
	1.9	Net cash from / (used in) operating activities	-94	-87

D T I G R O U P L T D	Page | 3

	Consolidated statement of cash flows	Current quarter	Year to date
	$A'000	(6 months) $A'000
only	2.0	Cash flows from investing activities
2.1	Payments to acquire:
		(a) entities
		(b) businesses
		(c) property, plant and equipment	-1	-1
		(d) investments
use		(e) intellectual property
	(f) other non-current assets
	2.2	Proceeds from disposal of:
		(a) entities
		(b) businesses
personal		(c) property, plant and equipment	12	16
	(d) investments
	securities
		(e) intellectual property
		(f) other non-current assets
	2.3	Cash flows from loans to other entities
	2.4	Dividends received (see note 3)
	2.5	Other (provide details if material)	0	0
	2.6	Net cash from / (used in) investing	11	15
	activities
	3.0	Cash flows from financing activities
	3.1	Proceeds from issues of equity securities	2,010	2,010
	(excluding convertible debt securities)
	3.2	Proceeds from issue of convertible debt
For	3.3	Proceeds from exercise of options
3.4	Transaction costs related to issues of equity
securities or convertible debt securities
3.5	Proceeds from borrowings	28	1,415
3.6	Repayment of borrowings	-1,176	-1,617
3.7	Transaction costs related to loans and
	borrowings
	3.8	Dividends paid
		Other - bank guarantee for operational
	3.9	contract, cash backing for corporate credit	-425	-385
		cards
	3.10	Net cash from / (used in) financing	437	1,423
	activities
	D T I G R O U P L T D			Page | 4