NEXTED GROUP LIMITED — Capital/Financing Update 2025

Oct 13, 2025

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ASX RELEASE

14 October 2025

Cleansing Notice under Section 708(5)(e) of the Corporations Act

NextEd Group Limited (ASX:NXD) ( Company ) advises that it has issued 343,609 ordinary shares in the Company to a related party nominee of the Chief Executive Officer, Mark Kehoe, as part of his short term incentive remuneration for FY25. Mr Kehoe’s total FY25 STI award was $164,548 paid 50% in cash and 50% in shares which are subject to a 12 month restriction on disposal.

Details of the issue

Details of the issue are provided below:

Details of the issue are provided below:
Class of securities issued:	Fully Paid Ordinary Shares
ASX Code of securities:	NXD
Date of issue:	14 October 2025
Total number of securities issued:	343,609 Fully Paid Ordinary Shares
Price per security:	$0.239 (10 day VWAP following release of the 2025
	Annual Report).

Notice under Section 708A(5)(e) of the Corporations Act

For the purposes of section 708A(6) of the Corporations Act 2001 (Cth) ( Act ), the Company gives notice that:

• (a) the Company issued the shares without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to the Company; and

  • (ii) sections 674 and 674A of the Act; and

• (d) as at the date of this notice, there is no other information that is excluded information of the type referred to in section s708A(7) and 708A(8) of the Act which is required to be disclosed pursuant to section 708A(6)(e).

This announcement has been approved for release by the Board of NextEd Group Limited.

For further information Lisa Jones Company Secretary lisa.jones@nexted.com.au

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Head Office Address: 7 Kelly Street, Ultimo, NSW 2007

Phone: 02 8355 3820

ABN: 75 105 012 066

nexted.com.au