SSH GROUP LTD — Share Issue/Capital Change 2025

May 28, 2025

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

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Announcement Summary

Entity name

SSH GROUP LTD

Date of this announcement

Thursday May 29, 2025

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 New class - code Performance Rights Expiry 31-Mar-2027 5,500,000 29/05/2025 to be confirmed

Refer to next page for full details of the announcement

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

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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

SSH GROUP LTD

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 ABN 79140110130

1.3 ASX issuer code

SSH

1.4 The announcement is

New announcement

1.5 Date of this announcement

29/5/2025

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

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

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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:

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

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

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

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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 descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance Rights Expiry 31-Mar-2027+Security typeOtherISIN codeDate the +securities the subject of this notification were issued29/5/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Were any of the +securities issued to +key management personnel (KMP) or an +associate?Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02944593-6A1263755&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02725717-6A1174318&v=7bc42bd11d853ed5e8c28f2ffcd6a069ee5cd6b4Any other information the entity wishes to provide about the +securities the subject of this notificationIssue detailsNoYes
		her information the entity wishes to provide about	the +securities the subject of this notification
Numb5,500,
		er of +securities
		000

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

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

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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
SSH : ORDINARY FULLY PAID	65,899,853
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
SSHAK : OPTION EXPIRING 09-SEP-2025 EX $0.35	10,000,000
New class - code to be confirmed : Performance Rights Expiry 31-Mar-2027	5,500,000

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

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

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

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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

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

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