Deterra Royalties director's performance rights lapse

Julian Andrews, a director at Deterra Royalties Limited, experienced a significant change in his indirect interests as detailed in an Appendix 3Y notice. The primary change involved the lapse of 198,645 performance rights, effective in August 2025. This lapse followed the testing of performance conditions for the period ending June 30, 2025.

Prior to these changes, Andrews held 194,366 ordinary fully paid shares, 710,738 performance rights, and 109,405 share rights directly, alongside 38,012 ordinary fully paid shares held indirectly by his spouse. Following the lapse, his direct holdings adjusted to 194,366 ordinary fully paid shares, 512,093 performance rights, and 137,517 share rights. The indirect holdings remained unchanged.

Additionally, the notice reported the grant of 28,112 share rights to Andrews as part of the outcome of the FY25 Short Term Incentive Plan. These changes highlight the regular adjustments to director holdings based on incentive programs and performance assessments within Deterra Royalties.