Worley: Performance Rights Lapse, Director Equity Updated

Worley Limited (ASX:WOR) today announced the cessation of 1,001,657 performance rights (WORAI) on September 30, 2025. This occurred because the conditional rights to securities lapsed as conditions were not met or became incapable of being satisfied. The company confirmed no consideration was paid for these lapsed rights.

In a related update, Robert Christopher Ashton, a director, saw changes in his equity interests on September 30, 2025. Mr. Ashton acquired 105,190 fully paid ordinary shares and disposed of 185,308 performance rights and 87,777 deferred equity rights. These changes resulted in his holdings shifting to 424,081 fully paid ordinary shares, 550,742 performance rights, and 192,345 deferred equity rights.

The acquisition of ordinary shares was due to the vesting and automatic exercise of deferred equity rights, for which no consideration was paid, in accordance with the company's Performance Rights Plan. Concurrently, performance rights lapsed under the same plan.