Technology One issues unquoted securities under employee incentive scheme

Technology One Limited (ASX:TNE) announced on Friday, October 31, 2025, the issue of unquoted equity securities under its employee incentive scheme. The company issued 289,545 options (ASX code TNEAI) with various expiry dates and exercise prices, alongside 31,530 performance rights (ASX code TNEAJ). These securities are not intended to be quoted on the ASX. Following this issuance, the total number of unquoted options on issue will rise to 5,365,730, and performance rights will increase to 184,327.

The newly issued options and performance rights will rank equally in all respects from their issue date with existing securities in their respective classes. No securities were issued to key management personnel or their associates. The issuance was conducted under an exception in Listing Rule 7.2, specifically exception 13, meaning no security holder approval under Listing Rule 7.1 was required.

This notification provides an update on Technology One's unquoted capital structure as a result of ongoing employee incentive programs. The total number of quoted ordinary fully paid shares (ASX:TNE) remains unchanged at 327,368,541.