IGNITE LIMITED — Director's Dealing 2025

Dec 14, 2025

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Ignite Limited (ASX:IGN)

Ignite Equity Incentive Plan – 2025 General Terms of Issue

	Summary of Options grant
Total Options Issued	350,000
Conversion Rate	One fully paid ordinary share for each option
Participants	1
Tranches and vestingconditions	1 tranche vesting immediately on grant
Expiry Date	5 years from Grant date (15 December 2030) if notalready exercised
Exercise Price	$1.00 per option
Restrictions	Shares issued on exercise will be restricted for 3years, subject to the Plan Rules, and Share tradingPolicy. Holding lock may be applied.
Exercise	Exercise can be satisfied by a cash settlement, atDirectors’ discretion.
Voting	Options have no right to vote or right to dividends
Termination – allcircumstances	All Vested Options (not exercised) will lapse on theearlier of:(a) the date 12 months after Cameron Judsonceases to be “CEO”, but remains as anEmployee, Director or Contractor,(b) the date 12 months after Cameron Judsonceases to be an Employee, Director orContractor, and(c) the Expiry Date of the options.
Change of control	At Directors’ discretion depending on thecircumstances
Name in which optionsare held	C&T Judson Pty Ltd (C & T Judson Family A/c)
Date of Issue	15 December 2025

Note: Ignite Equity Incentive Plan Rules (amended) were lodged with ASX on 19 November 2024