EBOS group issues performance rights to chief executive

EBOS Group Limited has issued 39,823 performance rights to its chief executive officer, representing an entitlement to ordinary shares under the EBOS Group Limited Performance Rights Plan. These rights will vest in three tranches: 13,274 rights on July 1, 2026, 13,274 rights on July 1, 2027, and 13,275 rights on July 1, 2028. Vesting is contingent on the CEO's continued employment with the group until these dates, without having given notice of termination.

Upon vesting, each performance right will entitle the chief executive to one fully paid ordinary share in EBOS Group Limited, an equivalent amount in cash, or a combination, as determined by the board. Any ordinary shares issued will rank equally with existing fully paid ordinary shares. The performance rights do not carry any dividend entitlement prior to vesting, and no amount is payable by the chief executive upon grant or exercise.

The total number of performance rights after this issue is 1,263,862. This issuance is part of Mr. Hall's employment contract, as detailed in the "EBOS Leadership Transition" announcement dated February 19, 2025. The performance rights are not listed on NZX or ASX.