• Proposes buy-back of up to $5M of Shriro shares at $0.81 per share
• Represents approximately 7.9% of Shriro's share capital
• Buy-back at a 14.1% premium to 5-day VWAP

Shriro Holdings Limited (ASX: SHM) has announced a proposed off-market equal access share buy-back of up to $5M at $0.81 per share. This buy-back would represent approximately 7.9% of Shriro's share capital and is at a 14.1% premium to the 5-day VWAP to 8 October 2025. The buy-back will be structured in substantially the same way as the buy-back Shriro completed in February 2025. Shriro obtained shareholder approval for the buy-back at its annual general meeting on 28 November 2024, but as that approval expires next month, Shriro intends to seek fresh shareholder approval at its 2025 annual general meeting on 17 November 2025. Resolutions 6 and 7 in the Notice of Meeting provide for further buy-backs of up to $10M and $5M of Shriro shares using the same methodology as resolution 5, to negate the need for a subsequent general meeting should the Board determine that further share capital be best deployed in off-market equal access buy-backs at $0.81. Shriro is no longer focused on finding a suitably aligned business to acquire and proposes to return capital excess to requirements to its investors. Shriro remains focused on its new capital light model for global expansion of its BBQ range and finding third party brands to represent in the Australian and New Zealand markets. The Board deems that at the current share price, the best way to deploy this capital is to buy back its own shares.