Coles Group issues new shares following performance right conversions

Coles Group Limited has issued 503,531 fully paid ordinary shares on August 29, 2025, following the exercise and conversion of unquoted performance rights. These new shares will be added to the existing class of ordinary shares, increasing the total number of ordinary fully paid shares on issue to 1,341,305,477.

The conversion involved 466,553 unquoted performance rights (COLAA) into ordinary fully paid shares (COL). These conversions occurred on August 29, 2025, and were issued under an employee incentive scheme, with key management personnel and their associates participating.

Notable conversions include Leah Weckert, who received 77,407 shares, SR (Charlie) Elias with 72,298 shares, and Matthew Swindells with 69,743 shares. The allocations stem from the vesting of FY23 long term incentive performance rights, including shares for dividend equivalent awards, from the Coles Group Limited equity trust. Following these transactions, the number of unquoted performance rights (COLAA) stands at 1,830,209.