XREALITY GROUP LIMITED

Indoor Skydive Australia Group Limited new name, branding and ASX code

In line with the growth strategy and the broadening of the target market, Indoor Skydive Australia
Group will be changing its name to XReality Group Ltd.

XR stands for eXtended Reality, and is a catch-all term for Virtual Reality, Augmented Reality, and
Mixed Reality. Extended Reality combines physical and digital simulation for both consumer and
enterprise market segments.

Pending shareholder approval, to be obtained at the upcoming AGM, the new name will be in effect
and the ASX code will be changed to ASX:XRG.

The change in name and ASX code is a significant milestone for the company and marks the
beginning of an exciting journey for the company and it’s shareholders.

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