• EOS CEO, CFO/COO, and other managers have exercised 3.4 million options to acquire 3.3 million shares
• Planned disposal of up to 2.5 million shares by CEO to fund personal expenses
• Other managers also intend to dispose of some or all of their shareholdings

EOS has announced that the EOS CEO & Managing Director (Dr Andreas Schwer), the CFO/COO (Mr Clive Cuthell), and certain other members of the management team have exercised a total of 3,429,299 options to acquire 3,299,599 shares in EOS (after adjustment for net settlement) pursuant to the EOS LTI plan (Omnibus Employee Incentive Plan). Following the achievement of performance and service hurdles during the 2024 and 2025 financial years, Dr Schwer has exercised share options to secure 1,996,857 shares in EOS at an exercise price of 50 cents, Mr Cuthell has exercised share options to secure 1,085,964 shares in EOS at an exercise price of 50 cents, and other members of the management team have in total exercised share options to secure 113,571 shares in EOS at an exercise price of 50 cents and 103,207 shares in EOS at an exercise price of $1.70. The exercise of the share options will be satisfied by the transfer of shares from the EOS Share Plan Trust, and no new shares will be issued. Following the exercise of the options, Dr Schwer will hold a total of 2,907,211 fully vested shares in EOS and has been granted approval to dispose of up to 2,500,000 shares in the near term to allow him to construct a family home and pay family expenses (including a divorce settlement). In addition, Mr Cuthell and certain other members of the management team have indicated that they intend to dispose of some or all of their shareholdings in the near term.