REECE LIMITED — Share Issue/Capital Change 2026

Mar 29, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

REECE LIMITED

Date of this announcement

Monday March 30, 2026

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
REHAA	RETENTION RIGHTS	88,445	15/01/2026
REHAO	PERFORMANCE RIGHTS	5,784,692	30/03/2026
REHAO	PERFORMANCE RIGHTS	353,782	15/01/2026
New class - code	Options with an exercise price of $13.00	15,710,995	30/03/2026
to be confirmed

Refer to next page for full details of the announcement

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

REECE LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ACN 004313133

1.3 ASX issuer code

REH

1.4 The announcement is

New announcement

1.5 Date of this announcement

30/3/2026

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class") does not have an existing ASX security code ("new class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

REHAO : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

30/3/2026

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Peter Wilson	Peter Wilson	3,854,626
Sasha Nikolic	Sasha Nikolic	1,321,586
Andrew Young	Andrew Young	608,480

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03073264-3A690381&v=undefined

Any other information the entity wishes to provide about the +securities the subject of this notification

Performance rights that vest and subsequently exercised will be satisfied by the acquisition of fully paid ordinary shares on-market.

Issue details

Number of +securities

5,784,692

ASX +security code and description

REHAO : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

15/1/2026

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02982510-3A674243&v=undefined Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

353,782

ASX +security code and description REHAA : RETENTION RIGHTS

Date the +securities the subject of this notification were issued 15/1/2026

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02982510-3A674243&v=undefined Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

88,445

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security codeNew class - code to be confirmed	+Security descriptionOptions with an exercise price of $13.00
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 30/3/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Peter Wilson	Peter Wilson	10,469,012
Sasha Nikolic	Sasha Nikolic	3,589,375
Andrew Young	Andrew Young	1,652,608

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03073264-3A690381&v=undefined

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 13.00000000 30/3/2041

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

REH : ORDINARY FULLY PAID

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Options that vest and subsequently exercised will be satisfied by the acquisition of fully paid ordinary shares on-market.

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Any other information the entity wishes to provide about the +securities the subject of this notification

The options are on standard terms and will vest in three equal tranches following the release of the FY28, FY29, FY30 results, with vesting subject to TSR gateway condition.

Issue details

Number of +securities

15,710,995

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
REH : ORDINARY FULLY PAID	615,091,957
4.2 Unquoted +securities (Total number of each +class of +securities issued but not	quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
REHAA : RETENTION RIGHTS	223,460
REHAM : OPTION EXPIRING VARIOUS DATES EX $10.06	304,286
REHAN : OPTION EXPIRING VARIOUS DATES EX $14.46	238,956
REHAO : PERFORMANCE RIGHTS	7,499,910
New class - code to be confirmed : Options with an exercise price of $13.00	15,710,995

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

15

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