Hub24 director increases stake through performance rights exercise

Hub24 Limited announced the quotation of 53,163 new fully paid ordinary shares following the exercise of performance rights by director Andrew Alcock. The issue date for these new securities is October 1, 2025. This transaction falls under an employee incentive scheme, with the rights being exercised for nil consideration. The Performance Rights Plan was approved at Hub24's 2022 annual general meeting.

Prior to this change, Andrew Alcock held 866,917 fully paid ordinary shares and 157,686 interests in non-quoted performance rights. After the exercise, his direct holding of fully paid ordinary shares increased to 920,080, while his interests in non-quoted performance rights decreased to 104,523. The total number of quoted ordinary fully paid shares for Hub24 Limited now stands at 81,765,983.

The newly quoted shares will rank equally in all respects with existing issued securities from their issue date. The value of the consideration provided per security is AUD 0.000000. This exercise by a key management personnel demonstrates a continued interest in the company's equity structure.