Motorcycle Holdings' performance rights lapse as conditions unmet

Motorcycle Holdings Limited has notified the market of the cessation of 226,003 performance rights, effective October 31, 2025. These unquoted equity securities lapsed because the associated conditions were not met or became incapable of being satisfied. The company confirmed that no consideration was paid for this cessation.

Following this change, the total number of unquoted performance rights on issue for Motorcycle Holdings Limited has decreased to 678,226. The number of quoted ordinary fully paid shares remains unchanged at 73,806,444.

This announcement, dated November 3, 2025, reflects an adjustment in the company's unquoted equity structure as a result of performance-based incentives not achieving their targets.