Michael Hill issues share rights to key management personnel

Michael Hill International Limited announced on Friday, December 5, 2025, the issuance of 7,795,964 unquoted share rights. These securities were issued on November 25, 2025, under an employee incentive scheme and are not intended for quotation on the ASX.

A notable portion of these share rights, specifically 2,664,527, were issued to Jonathan Waecker, a key management personnel (KMP). These newly issued share rights will rank equally in all respects with existing issued securities from their issue date. The issuance was conducted under an exception in Listing Rule 7.2, specifically exception 13, therefore not requiring security holder approval.

Following this issuance, the total number of unquoted share rights on issue for Michael Hill International Limited now stands at 14,003,399. The company's total quoted ordinary fully paid shares remain at 384,842,602, alongside 400,000 unquoted options.