Titomic Appoints Global Defence Specialist Dr Andreas Schwer as Chairman

MELBOURNE,Australia,July 1,2020 -- The inaugural CEO of Saudi Arabian Military Industries (SAMI),Dr Andreas Schwer,has been appointed Chairman of the Melbourne-based industrial-scale additive manufacturing company Titomic (ASX:TTT) www.titomic.com.

Titomic Limited Appoints Dr Andreas Schwer as Chairman

Beginning immediately,Dr Schwer,who boasts a 25-year career in the global defence,manufacturing,and aerospace industries will bring a wealth of experience to Titomic. The news comes just days after Titomic announced the appointments of Mr Dag W.R. Stromme,a former Managing Director of Morgan Stanley; and Mr Humphrey Nolan,an experienced leader in the global industrial and distribution industries.

As the first CEO at SAMI,which was established in 2017,Dr Schwer led this greenfield operation to become a multi-billion-dollar company in 2020 before recently stepping down.

Prior to his role at SAMI,Dr Schwer was Chairman and President of Rheinmetall International - Rheinmetall AG. Dr Schwer also held roles including CEO of Combat Systems & Executive Board Member of Rheinmetall Defence overseeing the units of Combat Platforms,Weapons & Munitions,Protection Systems,and Propulsion Systems. Dr Schwer also holds 12 years' experience at Airbus in executive roles across the Defence & Space and Helicopter divisions.

Titomic's Managing Director and Founder,Mr. Jeff Lang,said: "Andreas' extensive professional experience in the global defence and aerospace sectors facilitates strong opportunities for Titomic to become a dominant player in the USD$4 trillion metals manufacturing industry for a green-tech future."

Further,Dr Schwer stated; "I am honoured to accept the role of Chairman at Titomic and look forward to leading the Company to capitalise on its considerable opportunities and further add shareholder value. I believe Titomic's industrial scale metal additive manufacturing and sustainable,green technology has tremendous commercial potential to take metal manufacturing industries into the future."

Dr Schwer has a Dipl.-Ing in Aerospace Engineering and a PhD in System Modelling and Numerical Optimisation,both from the University of Stuttgart,and a Master of Science in System-Engineering from TU Delfi (The Netherlands).

Dr Schwer says he's delighted to be joining the Board of a company that's starting to make its presence felt globally,as demonstrated by the sale of two Titomic Kinetic Fusion® systems to a global defence manufacturer,as well as reaching agreements with companies of the calibre of Boeing,Airbus,and Thales.

Media Enquires:

Ben Andrews

Titomic Limited - Media Manager

Ph: +61 3 9558 8822

investors@titomic.com

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