Agreed, never seen one work. Problem as I see it, when you turn an EZO counterclockwise to remove the bolt, it expands the bolt into the hole and fights against itself, breaking almost always.
A reverse drill removes material while coaxing the broken piece to rotate in the correct direction. And short of that, simply drilling it out, little bit at a time, often works. Getting a good start is the problem, especially when as yours is the break is down in the hole.
OFten the threads will be destroyed calling for a thread repair.