• Board approves on-market buy-back program of up to $75 million
• Reflects strength of RPL balance sheet and continued operating cash flows
• Demonstrates Board and management's confidence in RPL's outlook for continued profitable growth

Regal Partners Limited (ASX: RPL) has announced that the Board has approved an on-market buy-back program of up to $75 million worth of ordinary shares. The decision to implement the buy-back program reflects the strength of the RPL balance sheet and the continued delivery of operating cash flows, and demonstrates the Board's and management's confidence in RPL's outlook for continued profitable growth. The Board believes that a buy-back program is appropriate as part of its overall capital management strategy and remains focused on maximising shareholder returns, whilst preserving balance sheet strength and ensuring that RPL maintains the ability to pursue strategic growth opportunities. The buy-back program is expected to commence on or after 25 February 2026 and will operate for a period of up to 12 months. The timing and the number of shares purchased under the buy-back program will depend on the Company's performance, market conditions, the prevailing share price, opportunities to utilise capital within the business as they emerge and other capital considerations of the business. The Company reserves the right to suspend or terminate the buy-back program at any time.