Capital Change Notice - ESS, Director Fees, RSU conversion

21/07/2026 08:30 NZST, SECISSUE

Please find attached a Capital Change Notice.

A total of 552,695 fully paid up ordinary shares were issued.

These consisted of:

- 405,552 shares issued to employees as part of the Quarterly Employee Share Scheme, being the award for performance in F27 Q1, issued at the average market price of $0.2107;

- 53,393 shares were issued in lieu of Directors Fees for one director for the quarter to 30 Jun 2026, issued at the average market price of $0.2107; and

- 93,750 shares issued to the Executive Director of the Australian subsidiary on vesting of Restricted Share Units for 3 months of service, issued at $0.2576.