EQT Holdings Limited (ASX:EQT) advises that its Board has introduced a Non-Executive Director Equity Plan (NED Equity Plan) which aims to enhance alignment between Non-Executive Directors and shareholders.

The NED Equity Plan enables new and current Non-Executive Directors to acquire shares in order to increase their Holdings in EQT.

It will operate on a fee sacrifice basis and, as a result, will not involve additional cost to EQT.

Each year, Non-Executive Directors will be given the opportunity to sacrifice up to 100% of their base Director fee (excluding compulsory company superannuation contributions) in return for rights to acquire fully paid ordinary EQT shares of equivalent value, subject to the terms of the NED Equity Plan. The shares will be purchased on-market.  

Carol Schwartz, EQT Chair said: “The implementation of the NED Equity Plan further aligns the interests of the EQT directors with that of its shareholders and reflects the Board’s confidence in EQT’s long term growth prospects.”

The NED Equity Plan will be effective for Financial Year 2025.

The Board, has authorised that this document be given to the ASX.

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Further information

Media

Alicia Kokocinski

General Manager – Marketing & Communications         

03 8623 5396 / 0403 172 024

akokocinski@eqt.com.au

Investors

Mick O’Brien                                             Johanna Platt

Managing Director                                   Chief Financial Officer

+61 3 8623 5015                                        +61 3 8623 5372

mobrien@eqt.com.au                               JPlatt@eqt.com.au

Equity Trustees was established in 1888 for the purpose of providing independent and impartial Trustee and Executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, we offer a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services and Responsible Entity (RE) services for external Fund Managers. Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies, publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Adelaide, Sydney, Brisbane and Perth.