ASX/AIM Announcement                                                                                             3 November 2025

Wellnex Life Limited (ASX/AIM: WNX)

Update on Loan Repayment

Wellnex Life Limited ("Wellnex" or the "Company") (ASX | AIM: WNX), announces that, further to the Company's announcement on 21 October 2025 regarding the repayment of the loan provided by Zack Bozinovski and his wife, the parties continue to work in good faith to finalise a repayment schedule and are now targeting to conclude details of the schedule by 7 November 2025.

A further update will be issued once the repayment schedule is finalised.

This ASX/AIM announcement has been authorised by the Board of Wellnex Life Limited (ASX/AIM:WNX).

For further information, please contact:

Wellnex Life Limited (ASX:WNX)                               Reach Markets

Ash Vesali                                                                     T: 1300 805 941

Executive Chairman                                                     E: [email protected]

E:  [email protected]

UK Investors

Strand Hanson (Financial & Nominated Advisor)     

James Harris / Richard Johnson                                  Tel: +44 (0) 20 7409 3494

Orana Corporate LLP (Joint Broker)                            [email protected]

Sebastian Wykeham    

S.P. Angel Corporate Finance LLP (Joint Broker)        Tel: +44 (0)20 3470 0470

David Hignell / Vadim Alexandre