Deep Yellow issues new shares following performance rights conversion

Deep Yellow Limited announced the issue of 26,285 fully paid ordinary shares on October 6, 2025. These shares resulted from the exercise of 26,285 performance rights, issued under the company's awards plan, with the first conversion occurring on September 16, 2025, and the last date on October 17, 2025. An Appendix 2A for the quotation of these securities was simultaneously released.

The newly quoted shares are ordinary fully paid securities (ASX: DYL) and rank equally with existing issued securities. The consideration for these shares, valued at AUD 1.915000 per security, was the exercise of vested performance rights. Following this issuance, the total number of quoted ordinary fully paid shares on ASX for Deep Yellow Limited stands at 973,124,039.

The company's unquoted securities now include 6,926,944 performance rights (DYLAQ), 44,444 options expiring on July 1, 2026 (DYLAT), 44,444 options expiring on July 1, 2027 (DYLAU), and 44,445 options expiring on July 1, 2028 (DYLAV).