Orora issues performance rights to director Brian Lowe

Orora Limited has announced a change in the relevant interests of director Brian Phillip Lowe. On October 24, 2025, Mr. Lowe was issued 794,392 performance rights, as approved by shareholders at Orora's 2025 annual general meeting. This issuance increased his indirect holdings, with 2,579,151 rights now held by the Lowe Family Trust A/C and 199,512 options by the Lowe Superfund A/C. His direct interest in fully paid ordinary shares remains at zero, while his indirect holdings of fully paid ordinary shares through the Lowe Superfund A/C remain at 1,536,852.

The issuance of these performance rights was part of a broader grant of 2,998,642 performance rights (ORAAB) under the company's employee incentive scheme, not intended for ASX quotation. Of these, 794,392 LTI rights were issued to Brian Lowe, 313,410 LTI rights to KMP Shaun Hughes, and 1,890,840 LTI rights to non-KMP, all ranking equally from their issue date.

These securities were issued under Listing Rule 7.2 exception 13, thus not requiring additional security holder approval under Listing Rule 7.1. Following this transaction, Orora's unquoted securities now include 1,000,518 options (ORAAA) and 15,066,892 performance rights (ORAAB), alongside 1,260,030,461 quoted ordinary fully paid shares (ORA).