Technology One issues unquoted employee incentive securities

Technology One Limited announced on December 12, 2025, the issuance of 110,305 unquoted equity securities. These securities, issued under an employee incentive scheme, are not intended to be quoted on the ASX. The issuance includes two distinct classes: 72,022 options (ASX security code TNEAI) expiring on various dates at various prices, and 38,283 performance rights (ASX security code TNEAJ). Both sets of securities were issued on December 11, 2025.

The newly issued options and performance rights will rank equally in all respects from their issue date with existing issued securities in their respective classes. No securities were issued to key management personnel (KMP) or associates.

Following this issuance, the total number of unquoted options (TNEAI) on issue for Technology One will be 5,173,808, and the total number of unquoted performance rights (TNEAJ) will be 182,884. The company's quoted ordinary fully paid shares (TNE) remain at 327,368,541.

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. Further details on the terms of the employee incentive scheme are available via a URL link provided in the announcement, referencing a document lodged with ASX on January 16, 2023.