• Conversion Price of ECP Notes unchanged at $1.43
• LTV Ratio as at 31 December 2024 is 23.23%
• Issuer has complied with all relevant regulations and trust deed requirements

ECP Emerging Growth Limited has released its quarterly report for the period ended 31 December 2024. The report confirms the Conversion Price of the ECP Convertible Notes (ASX: ECPGA) remains unchanged at $1.43. Furthermore, the LTV Ratio as at 31 December 2024 is 23.23%, calculated based on the Total Debt, Cash and Cash Equivalents, and Market Value of all Marketable Securities held by the Issuer. The report states the Issuer and any guarantor has complied at all times with the terms of the Notes, the Trust Deed and Chapter 2L of the Corporations Act 2001 during the Period. No circumstances arose during the Period that has caused, or could cause, any amount deposited or left under the Notes to become immediately payable, the Notes to become immediately enforceable, or any other right or remedy under the terms of the Notes or provisions of the Trust Deed to become immediately enforceable. Additionally, no circumstances arose during the Period that materially prejudice the Issuer, any of its subsidiaries, or any of the guarantors, or any security interest or charge included in or created by the Notes or the Trust Deed. There has been no substantial change in the nature of the business of the Issuer, any of its subsidiaries, or any of the guarantors that has occurred during the Period. The Issuer is not aware of any other matters that may materially prejudice any security interests or other interests of the Note holders.