Brambles issues unquoted employee share rights, correcting administrative oversight

Brambles Limited has issued 22,821 unquoted share rights (ASX code: BXBAI) on November 6, 2025, as part of its employee incentive scheme. These share rights are not intended to be quoted on the ASX and will rank equally in all respects from their issue date with existing issued securities in that class. This issuance was made under an exception in Listing Rule 7.2, specifically exception 13, and therefore did not require security holder approval.

The company stated that this issuance corrects an administrative oversight, as these share rights were inadvertently omitted from a previous Appendix 3G notification filed on November 7, 2025, which also related to the Brambles Limited Performance Share Plan (PSP). Brambles has reviewed its internal processes to prevent future delays in timely notifications. No shares were issued to key management personnel (KMP) or their associates in this particular transaction.

Following this issuance, the total number of unquoted share rights (BXBAI) for Brambles Limited now stands at 8,196,125. The company's total quoted ordinary fully paid shares (BXB) remain at 1,361,655,320. The terms of the Performance Share Plan are detailed in Annexure A of Brambles Limited's Notice of Annual General Meeting dated September 2, 2025.