• Fully underwritten ~$100.0 million Equity Raising via Placement and Entitlement Offer
• Proceeds to be used for net debt reduction, working capital and costs of the Equity Raising
• Material net debt reduction to improve leverage position and free cash flow

SPC Global Holdings Limited (ASX:SPG), a leading Australian food and beverage manufacturer, has announced a fully underwritten ~$100.0 million Equity Raising. The Equity Raising consists of a ~$2.9 million Placement to new and existing institutional and sophisticated investors, and a ~$97.1 million 1 for 0.1993 pro rata renounceable Entitlement Offer. The proceeds from the Equity Raising will be used for the reduction of net debt, working capital purposes and costs of the Equity Raising in support of the Group's business strategy. The material net debt reduction will reset SPC Global's balance sheet to a more appropriate leverage position, leaving it well funded to pursue its business strategy and realise a material improvement in the free cash flow of the business. The anticipated interest expense associated with banking facilities is expected to change from c.$15M in FY26 to an estimated $4.5M to $5M per annum post the Equity Raising. The Equity Raising is expected to materially improve the Company's liquidity position, with the net leverage ratio reducing from 3.9x to 1.11x on a pro forma basis as at 31 December 2025.

The anticipated interest expense associated with banking facilities will change from c.$15M in FY26 to an estimated $4.5M to $5M per annum post the Equity Raising.