Ramelius Resources issues new shares under employee incentive plan

Ramelius Resources Limited today announced the quotation of 95,287 new fully paid ordinary shares, issued under an employee incentive scheme, effective October 31, 2025. These securities are not subject to a restriction on transfer, ensuring their immediate tradability on the ASX. The company confirmed that these new shares will rank equally with existing ordinary fully paid securities from their issue date.

The shares are being issued for nil consideration under the company's Performance Plan, following the conversion of vested service/retention rights. While there is no cash consideration, the estimated value per security for the purposes of quotation is AUD0.000000. Further details on the terms of the employee incentive scheme are available via a public announcement lodged with ASX.

Following this quotation, the total number of quoted ordinary fully paid shares for Ramelius Resources will increase to 1,924,687,403. The company also notes 7,591,486 unquoted performance rights remain. This issuance falls under Listing Rule 7.2, exception 13, meaning no security holder approval under Listing Rule 7.1 was required.