Iperion enters into Working Capital Loan Agreement

Iperion enters into Working Capital Loan Agreement Iperion Limited ("Iperion" or the "Company") announces that it has entered into a loan agreement (the "Agreement") with Mr Chang Ku EE ("Mr EE"), a director of the Company, pursuant to which Mr EE has agreed to lend NZ$150,000 (Loan Amount) to the Company. The principal terms of the Agreement are as follows: • The loan is interest-free and unsecured. • The loan is repayable on demand; however, Mr EE may only make a demand for repayment with the prior written agreement of the Company's board of directors (excluding Mr EE). • The Company may repay the loan, or any part of it, at any time without penalty. The proceeds of the loan will be applied by the Company towards its general working capital requirements as it continues working to build revenue in its business plan.