Shine Justice announces new share buy-back targeting up to 10% of capital

Shine Justice Ltd has announced its intention to conduct an additional on-market share buy-back, targeting up to 10% of its issued capital. This move follows the completion of a previous on-market buy-back where 3,871,416 shares were repurchased for $2,759,775.67 and subsequently cancelled. The company's board has resolved to commence this new buy-back, aligning with its capital management strategy.

The new buy-back is expected to begin on or around October 3, 2025, and conclude within 12 months. Its execution will be influenced by factors such as market conditions, the company's share price, future capital requirements, and unforeseen developments. There is no guarantee that the company will acquire the full 10% of available issued capital, and Shine Justice Ltd reserves the right to suspend or terminate the buy-back at any point.

Morgans Financial Limited has been appointed as the broker for this buy-back, which will adhere to the terms outlined in Appendix 3C dated September 17, 2025. The initiative falls within the '10/12' limit of the Corporations Act 2001 (Cth) and does not require shareholder approval, with all repurchased shares to be cancelled as mandated by the act.