• Reached agreement with two unsecured lenders to extend loan terms
• James & Cordelia Thiele Trust Fund loan extended to 2028
• Lambert Superannuation Fund loan extended with monthly payments

Ecofibre Limited (ASX:EOF) has provided an update on its progress in restructuring its balance sheet and delivering more sustainable financial performance. Following the completion of the sale and leaseback of three properties and the working capital loans announced previously, the company has now reached agreements with its two unsecured lenders in Australia to extend the terms of their loans. The existing $7.0 million loan from the James & Cordelia Thiele Trust Fund, which was partially due on 1 January 2025, has been extended with a new facility amount of AUD6.5 million, an interest rate of 14% (increased if the RBA cash rate exceeds 5%), and principal payments due in 2026, 2027, and 2028. The existing AUD3.5 million loan from the Lambert Superannuation Fund, which was fully repayable on 15 July 2025, has been extended with monthly payments starting in April 2025. These restructured loan agreements provide Ecofibre with more sustainable financial performance and additional flexibility to focus on its core business operations.