SGH Limited issues share rights to key management personnel

SGH Limited disclosed the issuance of 505,471 unquoted share rights on October 9, 2025, primarily to key management personnel (KMP) and their associates. These securities, under the existing ASX security code SGHAB, were issued on October 3, 2025, and rank equally with existing securities in that class from their issue date. The total number of unquoted securities on issue for SGHAB (Share Rights) following this announcement is 1,677,124. This issuance was conducted without security holder approval, utilizing the entity's 15% placement capacity under listing rule 7.1.

The issuance includes two main tranches of share rights. The first tranche, totaling 114,032 share rights, was issued under the FY25 SGH Ltd Short-Term Incentive Plan. Noteworthy recipients in this tranche include Vik Bansal (19,752), Gitanjali Bhalla (6,518), Robert Cotterill (5,450), Jarvas Croome (12,448), Richard Richards (11,951), and Murray Vitlich (4,203). A larger tranche of 354,246 share rights was allocated under the FY26 Long-Term Incentive Plan, with significant allocations to Vik Bansal (29,094), Gitanjali Bhalla (15,517), Robert Cotterill (14,062), Jarvas Croome (23,275), Richard Richards (25,214), and Murray Vitlich (19,396).

Additionally, Richard Richards received 37,193 share rights with a complex vesting schedule: 50% following FY26 results, and 12.5% each following HY27, FY27, HY28, and FY28 results. These share rights are conditional on continued employment with SGH through the vesting dates. The number of rights was determined by dividing the award by SGH's five-day Volume Weighted Average Price (VWAP) calculated up to July 1, 2025.