Halter USA Inc.

Blackbird Ventures – Halter

Blackbird FOF25 Pty Ltd as trustee for Blackbird Ventures 2025 Follow-On Fund Trust (Blackbird FOF25) and Blackbird FSA Pty Ltd as trustee for Blackbird FSA Coinvestment Trust (Blackbird FSA) each propose to purchase shares in Halter USA Inc's (Halter) capital raise, as described in the transaction documents provided as part of the application. Blackbird FOF25 and Blackbird FSA are venture capital funds managed by Blackbird Ventures. Blackbird Ventures is a venture capital firm based in Australia and New Zealand that invests in early-stage and high-growth technology companies. Funds managed by Blackbird Ventures hold minority investments in hundreds of companies in Australia, the United States, New Zealand and around the world. Halter is an agricultural technology company which was founded in New Zealand and is now domiciled in the United States. Halter specialises in developing advanced livestock management and 'virtual fencing' systems for pasture-based farming. Halter supplies collars to be worn by cattle, which enable remote monitoring, real time tracking and guidance of cattle, and the creation and management of virtual pasture boundaries. Halter's collar system is designed to improve productivity, enhance grazing efficiency, reduce labour and fencing costs, and support sustainable land use practices by providing data-driven insights into herd behaviour and pasture utilisation.