Announcement of Institutional Investment and Funding Agreements

1414 Degrees Ltd (ASX:14D) has secured an institutional investment of up to A$4.7 million from US institutional investor, Lind Global Fund II, LP, managed by The Lind Partners. The investment comprises an initial A$1.3 million under a Share Subscription Agreement, with up to a further A$3.4 million available over 12 months through a Monthly Purchase Agreement. The funds will be utilized for the industry placement of the Company's SIBox technology, development of the Aurora Precinct grid scale battery, and general working capital requirements.

Executive Commentary on the Investment and Partnership

Dr Kevin Moriarty, Executive Chairman of 1414 Degrees, expressed the company's satisfaction in continuing to work with Lind to support the roll-out of their SiBox technology in industrial trials and the advancement of the Aurora Energy Precinct projects. Jeff Easton, founder of The Lind Partners, highlighted Lind's belief in 1414 Degrees and their commitment to supporting the company's product roll-out and growth phase.

Summary of Investment and Future Plans

1414 Degrees Ltd (ASX:14D) has entered into funding agreements with Lind Global Fund II, LP, securing up to A$4.7 million for the development and deployment of their innovative energy storage products. The investment will facilitate the industry placement of the Company's SIBox technology, the development of the Aurora Precinct grid scale battery, and support the company's general working capital requirements. The partnership with Lind reflects confidence in 1414 Degrees' potential for growth and the advancement of their cutting-edge silicon-based solutions for industrial decarbonisation and hydrogen production.