Beach Energy director Brett Woods boosts performance rights holdings

Brett Woods, a director at Beach Energy Limited, has significantly increased his performance rights holdings, as revealed in an Appendix 3Y notice dated December 19, 2025. Woods acquired 1,553,495 performance rights, comprising deferred rights from the FY25 STI award and rights from the 2025 LTI grant.

These acquisitions were approved by shareholders at the company's 2025 Annual General Meeting and issued under an employee incentive scheme.

Prior to this change, Woods held 18,924 fully paid ordinary shares and 3,101,227 performance rights. Following the acquisition, his total holdings now stand at 18,924 fully paid ordinary shares and 4,654,722 performance rights. This adjustment reflects the company's ongoing executive incentive plan.

The transaction involved no cash consideration, as the rights were issued as part of the employee incentive scheme, making the value/consideration "N/A." The change occurred on December 19, 2025.