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Capital Change Notice - ESS, Director Fees, RSU conversion

21/01/2026, 08:31 NZDT, SECISSUE

Please find attached a Capital Change Notice. A total of 472,854 fully paid up ordinary shares were issued. These consisted of: - 337,453 shares issued to employees as part of the Quarterly Employee Share Scheme, being the award for performance in F26 Q3, issued at the average market price of $0.2701; - 41,651 shares were issued in lieu of Directors Fees for one director for the quarter to 31 Dec 2025, issued at the average market price of $0.2701; and - 93,750 shares issued to the Executive Director of the Australian subsidiary on vesting of Restricted Share Units for 2 months of service, issued at $0.2576.