• Loan Facility up to A$2,000,000 to Mandarin Rock Pty Ltd
• Borrower guaranteed by David Geraghty and Beibei Yu
• Loan for on-market or off-market share acquisition
• Interest rate 10% per annum, repayment over 3 years
• No security, unsecured loan

BSA Limited has executed a loan agreement with Mandarin Rock Pty Ltd, an entity associated with the Company's Non-Executive Chair, David Geraghty. The loan facility, up to A$2,000,000, is intended for the purpose of acquiring ordinary shares in the capital of the Company. The loan is unsecured and bears an interest rate of 10% per annum, payable quarterly. The loan has a maturity date of three years from the drawdown date, with a repayment schedule that includes a grace period of the first 12 months followed by quarterly repayments of 12.5% of the drawn amount until full repayment. The Non-Conflicted Directors have determined that the terms are reasonable and will not materially prejudice the interests of the Company or its shareholders.