TZ Limited received advice overnight confirming it has been awarded a tender which is expected to generate a new purchase order for Locker Banks from Ricoh South Africa for DSV Lockers. The pending order which is circa $2 million represents further expansion of the DSV Locker network in South Africa and will grow the DSV Locker presence to over 550 locations. The Company has been supplying Locker Banks to South Africa for the last four years. The Company also provides TZ Cloud Services for the management and monitoring of the 400+ Locker Bank network. While the expected purchase is a once off, the Company expects this award to extend the Company expansion network. TZL understands that the purchase order is being prepared and should be with TZL before the end of the month to confirm the order at which point it will update the market. Early indications are that the bulk of the order should be dispatched prior to 30 June 2022 subject to any supply chain or manufacturing delays.