Serko issues shares following employee RSU vesting

Serko Limited has issued 281,485 ordinary shares to employees, stemming from the vesting of an equivalent number of Restricted Share Units (RSUs) under its Long Term Incentive Schemes. These shares were issued on November 25, 2025, with no cash consideration required from the recipients, as consideration is provided through services rendered by the employees.

The issuance represents a 0.226% increase in Serko's total ordinary shares on issue prior to the transaction. Following this change, Serko now has 124,881,635 ordinary shares on issue. Additionally, 5,299,806 RSUs remain outstanding under the scheme, and 3,868 unlisted options are also in effect.

The newly issued ordinary shares rank equally with existing ordinary shares. Isla Dentice-Wood, company secretary, was the authorized person for this announcement, released on November 26, 2025.